Anti-Money Laundering (AML) Intern MMH250603-8

Role Purpose

To gain practical experience and knowledge by assisting experienced Anti-Money Laundering (AML) professionals with various tasks related to identifying and preventing financial crimes like money laundering and terrorist financing

Requirements

Minimum Qualifications

• Legal (LLB/BCom Law/BA Law)
• BCom(Risk Management)
• Diploma in Forensic Investigations or Degree in Forensic Science
  
  

Knowledge

• Understanding the legal frameworks, regulatory guidelines, and industry best practices governing AML efforts
• Understanding common money laundering schemes, terrorist financing methods, and other financial crimes.
• Microsoft Office Suite
  
  

Minimum Experience

• No work experience required
  
  

Duties and Responsibilities

Internal Process

• Analyse transaction data to identify suspicious activities or patterns
• Collect, review, and analyse information to ensure compliance with CDD (Customer Due Diligence) regulations.
• Monitor financial transactions for potential red flags or breaches of AML regulations
• Prepare reports on suspicious activity and other compliance-related matters
• Research new regulations, industry trends, and best practices in AML
• Assist with the capturing, tracking and maintenance of AML regulatory reports, risk registers, risk assessments, process documents, inspection findings and system changes
• Provide administrative and logistical support to more experienced AML professionals in the team
  
  

Client Process

• Build and maintain relationships with internal and external stakeholders
• Deliver on service level agreements made with clients and internal and external stakeholders in order to ensure that client expectations are managed
• Participate and contribute to a culture which builds rewarding relationships, facilitates feedback and provides exceptional client service
• Participate and contribute to a culture of work centric thinking, productivity, service delivery and quality management
• Take ownership for driving career development
  
  

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