Periodic Review Analyst

About the team:

At Aspire, we are committed to empowering our customers throughout their journey with us. Our Operations Team ensures customers can operate seamlessly on our platform, and guarantee the best customer experience possible.

As a Periodic Review Senior Analyst, you will be:

Responsible for conducting comprehensive periodic reviews of client accounts to ensure compliance with internal policies, regulatory requirements, and industry standards. This role involves detailed analysis, risk assessment, and documentation of client activities, with a focus on identifying and mitigating potential financial crime risks. The Senior Analyst will work closely with various departments to gather necessary information and provide recommendations based on findings.

Key Responsibilities:

• Conduct thorough periodic reviews of client accounts, including detailed analysis of transactional activity and client profiles.
• Assess and document the risk level of client accounts, identifying any potential compliance issues or financial crime risks.
• Ensure all client reviews are conducted in accordance with internal policies, regulatory requirements, and industry best practices.
• Collaborate with internal departments (e.g., KYC, Transaction Monitoring) to gather and verify client information and documentation.
• Prepare and present detailed reports on review findings, including recommendations for risk mitigation and compliance improvements.
• Assist in the development and enhancement of periodic review processes, tools, and methodologies.
• Keep abreast of regulatory changes and industry developments related to AML/CFT and ensure that review processes remain compliant.
• Provide training and guidance to junior analysts on periodic review processes and compliance standards.
• Participate in internal and external audits, providing necessary documentation and explanations related to periodic reviews.
• Handle complex cases and escalate issues to senior management when necessary.

Qualifications:

• Bachelor’s degree in Finance, Business, Law, or related field.
• Minimum of 3 years of experience in compliance, risk management, or financial crime prevention, preferably within the financial services industry.
• Strong understanding of AML/CFT regulations and industry best practices.
• Experience with KYC processes.
• Excellent analytical skills and attention to detail.
• Strong written and verbal communication skills, with the ability to present complex information clearly and concisely.
• Proficiency in using compliance-related software and tools.
• Ability to work independently and as part of a team.
• Strong organizational and time management skills, with the ability to handle multiple tasks and meet deadlines.

Preferred Qualifications:

• Experience with AML systems and software.
• Previous experience in a financial institution or regulatory body.
• Knowledge of global AML regulations and trends.