Senior Quality Assurance Analyst

Job DescriptionNOTE: This role is not open to Relocation or Sponsorship. Isle of Man residents are eligible to apply.To define and maintain the Anti-Money Laundering and Combatting Financing of Terror (AML / CFT) Quality Assurance framework covering all Money Laundering and Financing of Terror Surveillance processes, services and products and to conduct end-to-end QA reviews across MLS accordingly, therefore mitigating the potential for operational losses, fines, penalties or reputational damage to the organisation.QualificationsMinimum Qualification: Diploma in Risk ManagementExperience Required3 - 4 years experience in ComplianceExperience in the analysis of money laundering and terrorist financing indicators and trends. Experience in bank processes, products and systems. Experience in dealing with different stakeholders at different levels both internal and external. Experience in quality assurance or audit (i.e. able to conduct qualitative assessment of peer / subordinate work). Experience in an oversight role related to AML / CFT analytics.Experience in the realm of Anti-Fraud, -Bribery, -Market Abuse, -Money Laundering and Combatting Financing of Terrorism Surveillance, Analytics and Investigation.Key OutputsCapture findings and conclusions in the required reporting format and systems and prepare and submit outcomes as prescribed by relevant policies and procedures.Collaborate with the Financial Intelligence Centre, as and when required, to address large scale or sensitive financial crimes, as they relate to specific requests issued by the FIC.Conduct in-depth analysis to ensure that the organisations' products and services adhere to all relevant legislation and regulations.Contribute to the periodic and ad-hoc system, process or data related reviews (e.g. rule tuning, systems verification, transaction monitoring, bank data testing, quality assurance reviews) as per the respective plans.Define and maintain the AML / CFT Quality Assurance framework in the context of relevant money laundering and terrorist financing trends, previous QA outcomes, regulations, legislation, standards, processes, procedures and any relevant guidance. Conduct QA reviews in MLS in accordance with the QA framework. Manage and monitor the implementation of improvements and remedial actions emanating from the QA findings, until close out.Additional InformationBehavioural CompetenciesArticulating InformationChecking ThingsDeveloping ExpertiseDeveloping StrategiesExploring PossibilitiesFollowing ProceduresTechnical CompetenciesFinancial Industry Regulatory FrameworkFraud Detection and ManagementIdentity and Security CompliancePromote Good Governance, Risk & ControlQuality Management System SupportRisk Management#SBO