AMLCO

We are embarking on a new project to establish a branch in Poland as part of our continued European expansion. To support this growth, we are seeking an Anti-Money Laundering Compliance Officer (AMLCO) to lead our regulatory and compliance efforts in the region. This role is pivotal in ensuring that our operations meet all local regulatory requirements as we work towards offering Polish IBANs and a suite of local financial services.As the AMLCO, you will be responsible for overseeing regulatory reporting to the relevant authorities, maintaining and implementing compliance policies, and managing financial crime prevention activities.

What you will do:

AML / CFT / Sanction compliance:

• Ensure effective AML/CTF/Sanction compliance throughout the business.
• Act as Financial Interleague Unit reporting agent and correspondent for the Polish branch of Unlimit EU Ltd.
• Identify AML/CTF/Sanction risks associated with the business practices, products and services.
• Monitor developments and new trends locally.
• Maintain and further develop AML/CTF/Sanction policies, programs, practices and procedures in order to be in compliance with the current regulations, requirements of external partners and best practices.

Regulatory compliance:

• Be the central point of contact with the Polish Financial Supervision Authority and other regulatory authorities for anti-money laundering/ combating the financing of terrorism purposes.
• Ensure that the business meets its regulatory requirements and mitigate AML/CTF/Sanction risks to avoid breaches, fines and regulatory sanctions.
• Assess internal trends, external regulatory & law enforcement environment to make recommendations, understand risk areas and alter or add to current processes.
• Prepare periodic reports required by the Polish legislation.
• Assist with regulatory inquiries and inspections, internal and external audits.
• Assist with development and adaptation of the internal system and other utilized systems for AML purposes.
• Provide advice and assistance to other functions dealing with AML/CTF/Sanction related matters.

Training & Awareness

• Prepare and provide tailor-made AML/CTF/Sanction training for the staff of the Polish branch.

Transaction Monitoring

• Identifying, monitoring, and reporting of STRs.
• Continuously improve transaction monitoring systems to detect & report suspicious activities.
• Perform ad-hoc reviews to ensure the effectiveness of transaction monitoring processes & procedures.

Customer KYC/KYB & Onboarding

• Oversee and manage the Know Your Customer (KYC) onboarding process for new customers and review & update existing customers.
• Ensure compliance with local and international regulatory requirements related to customer identification and verification.

Who we are looking for:

• 5+ years of effective working experience as AML/CFT compliance officer or Deputy AML/CFT compliance officer at a credit institution or an Electronic Money Institution.
• Experience in liaising with bank-partners (correspondent banks), auditors, financial regulators and the ability to handle regulatory inquiries and inspections, as well as audits and requests.
• Solid experience in drafting, reviewing and updating of AML/CTF/Sanction policies and procedures relevant to the business in order to reflect industry best practices, the evolving regulatory environment and changes to the business.
• Solid experience in implementation and monitoring of AML/CTF/Sanction related practices and measures throughout the business.
• Excellent analytical and organizational skills with strong attention to detail.
• Confidence to interact with individuals from all levels of the business and relevant external partners.
• University degree in a relevant field.