AML Compliance Officer

at  Western Union

AML COMPLIANCE OFFICER – LONDON, UNITED KINGDOM

Would you like to pursue a career in one of the most significant business areas these days - Anti-Money Laundering (AML)? Are you ready to play a vital role in helping millions of people and businesses to enjoy secure, reliable financial services? We are looking for a passionate candidate to join United Kingdom Regional Compliance team in the position of AML Compliance Officer based in London, United Kingdom.
Hybrid mode – 3 days per week at the office
Office location –Victoria (London)

ROLE RESPONSIBILITIES

• Conduct due diligence by applying complex analysis and investigation of potential and existing agents using Western Union systems as well as reviewing records from public and private databases.
• Perform suspensions, reactivations, interdictions, and reinstatements when required to minimize risk to the Western Union network, agents, and consumers.
• Review complex cases that have been escalated by the banks, our partners, or internal teams.
• Work cross-functionally with teams across the compliance organization, business, operations organization, and Internal audit teams to ensure UK compliance team’s goals and objectives are met.
• Perform enhanced research and become familiar with relevant regional laws, news, customs, and cultures.
• Working on various tasks and projects related to Western Union Agent Oversight, Transaction Monitoring and Reporting and other important elements of AML Compliance program.
• When needed, contact by phone, or visit Western Union Agents (up to 10% of travelling could be required within London area) based in the United Kingdom, to review them or remind about their AML compliance related responsibilities.

ROLE REQUIREMENTS

• +4 years’ experience in AML Compliance, investigations, or risk-based role within financial services.
• Understanding of retail and digital financial services products.
• Understanding of anti-money laundering regulations in the United Kingdom.
• Bachelor’s degree preferred.
• Good communication, time management and teamwork and collaboration skills.
• Working knowledge of MS Office, especially strong MS Excel skills.
• You must be detail-oriented, able to multitask, and work well under pressure.
• Analytical and problem-solving skills.