We are seeking a detail-oriented and motivated AML/KYC Associate to join our growing Financial Crime Compliance FCC team. We are one of the largest and fasting growing teams globally, and support the world's largest Fund Managers and Fund Administrators in the achievement of their Anti-Money Laundering (AML) and Know Your Customer (KYC) objectives. The successful candidate will play a key role in supporting our clients achieve compliance with AML/KYC regulations while delivering in the Grant Thornton way.
This position involves working closely with internal Grant Thornton stakeholders, clients, end-investors, and external parties to perform thorough due diligence on investor files and maintain compliance with regulatory standards. The role also provides an opportunity to work within our wider FCC service offering including exposure to 2nd and 3rd lines of defence including AML/KYC policy review and development; AML/KYC audit assurance testing; and regulatory mandated AML/KYC risk and control assurance reviews.
Key Responsibilities
- Investor Onboarding and Due Diligence:
- Conduct AML/KYC checks for new investors, including individuals, corporations, trusts, and other legal entities.
- Verify and analyse investor documents to ensure compliance with applicable regulations and client standards.
- Ongoing Monitoring:
- Perform periodic reviews of existing investor profiles to ensure continued compliance with our client's AML/KYC policies.
- Monitor and report suspicious activities to in accordance with established protocols.
- In-depth understanding of AML laws, sanctions, and screening requirements, including OFAC, PEPs, and FATF guidelines.
- Regulatory Compliance:
- Stay updated on changes to AML/KYC laws, regulations, and industry best practices.
- Ensure all AML/KYC documentation is collected, verified, and maintained in line with regulatory requirements.
- Collaboration and Reporting:
- Work as part of large teams, working closely with team leads to address escalations and resolve discrepancies.
- Assist in preparing reports for various client stakeholders and Grant Thornton team leads.
- Data Management:
- Maintain accurate records in the AML/KYC database, ensuring data integrity and completeness.
- Handle sensitive information with discretion and confidentiality.
- Additional elements:
- Ability to assess the design and operational effectiveness of controls systematically.
- Proficient in identifying control deficiencies, assessing their impact, and proposing actionable solutions.
Qualifications
Education:
- Preferably a Bachelor's degree in Finance, Business, Law, or a related field.
Experience:
- Minimum of 1-3 years of experience in an AML/KYC role within the funds, banking, or financial services industry.
- Familiarity with fund structures such as mutual funds. hedge funds, and private equity is a plus.
- Skills and Knowledge:
- Strong knowledge of AML/KYC regulatory frameworks and requirements (e.g., Irish Criminal Justice (Money Laundering and Terrorist Financing) Act, CSSF Circulars, EU AML Directives, BSA / PATRIOT ACT, FATCA, CRS).
- Proficiency in using AML/KYC systems and databases.
- Excellent analytical skills and attention to detail.
- Strong communication skills, both written and verbal, for interacting with investors and internal teams.
- Ability to work independently and manage multiple tasks in a deadline-driven environment.
Preferred Qualifications:
- Certifications such as CAMS (Certified Anti-Money Laundering Specialist) or other certifications or Diplomas in AML.
- Experience with compliance systems and tools like World-Check, LexisNexis, or similar platforms.
