Risk Assessment Analyst
- Dublin
- Permanent
- Full-time
- Conduct comprehensive enhanced due diligence investigations on high-risk clients, including politically exposed persons, clients from high-risk jurisdictions, and complex corporate structures in accordance with internal policies and desktop procedures.
- Research and analyse beneficial ownership structures to identify ultimate beneficial owners and control relationships.
- Evaluate source of wealth and source of funds information for high-net-worth individuals and entities using the public domain and/or documentation.
- Perform adverse media screening and analyse findings to assess reputational and financial crime risks.
- Prepare detailed, well-documented enhanced due diligence reports with clear risk assessments and recommendations and present these to senior management.
- Provide advice on issues and escalations to other New Accounts Teams to address difficult applications and independently recommend risk-based decisions to management.
- Liaise with relationship managers and business units to gather additional client information.
- Identify potential suspicious activities and escalate concerns through appropriate channels.
- Mentor Junior analysts and provide quality assurance reviews of their work.
- Contribute to the continuous improvement of EDD policies, procedures, and workflows.
- Participate in special projects related to regulatory changes, remediation efforts, or process enhancements.
- Bachelor's degree or higher with a major or concentration in Finance, Law, Accounting, or Information Systems, etc, or comparable work experience in a related field.
- Minimum of 2 years' experience and familiarity, preferably gained in brokerage or corporate banking environment, with on-boarding or reviewing high risk client relationships and carrying out EDD.
- Relevant financial crime qualification e.g. ICA or ACAMS are a must.
- Excellent written and oral communication skills in English.
- Strong research, investigatory, and problem-solving skills.
- Ability to make risk-based recommendations and articulate those persuasively to other departments and senior management.
- Prior experience in a highly automated environment and/or high degree of comfort with computers and technology.
- Intermediate experience with MS Outlook, MS Word, and MS Excel.
- Ability to work, keep deadlines, and thrive in a fast-paced environment.
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