Compliance Assistant AML
The Global Risk & Compliance (GRC) organization serves as American Express’ independent risk management function. GRC maintains the enterprise risk framework, provides oversight and challenge, and monitors key risks. By embedding risk discipline into strategy and operations, GRC enables responsible growth, innovation, and long-term value creation while protecting customers and shareholders.
This role shall perform customer profile analysis by obtaining information in internal and external media against lists of sanctioned individuals, PEPs and Factiva, as well as manage the review of suspicious transaction alerts generated, monitor information and report suspicious transactions, to protect the entity from being used for illicit purposes related to Money Laundering or Terrorist Financing.
Timely execution of fieldwork is a key responsibility.
Regular and timely dialogue and communication on the progress of the work and possible suspicions to the Team Leader and local Market Compliance Officers.
Managing and responding to sanctions related alerts and investigations, ensuring timely and accurate reporting to relevant authorities.
Ability to identify and communicate suspicions with other stakeholders (Security, Fraud, etc.) and obtain concurrence on suspicions.
In addition, another of the functions will be to carry out sanctions screening and to keep up to date with regulatory changes in this area.
And last but not least, all the regulatory reporting tasks.
This position will be based in Madrid (Spain) and will report to the Regional MLRO team.
Between 1 and 3 years of proven experience in a bank/financial/payment institution, within Compliance or AML, with hands-on experience in Transaction Monitoring, Alerts Investigation, and EDD/CDD.
Degree in law, criminology or ADE.
Strong analytical skills are required.
Knowledge of Spanish anti-money laundering regulations and experience in areas of customer acquisition analysis or control would be an asset.
Strong problem solving and analytical skills including the ability to conceptualize and break down complex issues.
Excellent verbal and written communications skills in Spanish and English.
Proven report writing on suspicious activity is required for this role.
Capable of completing task independently with minimal direction.
A phenomenal teammate with high standards of integrity.
Employment eligibility to work with American Express in Spain is required as the company will not pursue visa sponsorship for these positions.