AML Analyst at PiggyTech Global Limited (“PiggyVest”)

PiggyTech Global Limited ("PiggyVest"), is a financial service company that helps customers achieve financial freedom through responsible savings and on-the-go investment. PiggyVest is the largest online savings and investing platform in Nigeria. With a growing user base of over 1.2 million customers, PiggyVest is growing its suite of innovative products to further help people better at financial management and planning.

As an AML Analyst, you will monitor and analyze financial transactions to ensure compliance with anti-money laundering regulations.

Responsibilities

• Conduct Investigations: Conduct end-to-end investigations of unusual customer activity using a risk-based approach to identify, mitigate, and escalate risks related to suspected money laundering, terrorist financing, proliferating financing, or other concerns such as sanctions violations and corruption.
• Transaction Monitoring: Conduct transaction monitoring to assess potential suspicious transactions on customers’ accounts and report any suspicious transactions or activities in an efficient and timely manner.
• Alerts and Flags: Review alerts and flags generated from the transaction monitoring tools and make recommendations to the Senior Compliance Officer.
• AML Compliance Training: Assist with anti-money laundering compliance training on identifying suspicious activity.
• Regulatory Changes: Stay updated on regulatory changes and contribute to developing effective risk mitigation strategies.
• Team Collaboration: Collaborate with internal teams to enhance AML policies and procedures and improve the rules used for transaction monitoring based on current typologies or emerging trends.
• NIG SAC List: Keep to date with the Nigeria Sanctions Committee (NIG SAC) sanction list and advisories.
• Other Responsibilities: Any other responsibility as may be required by the Senior Compliance Officer, COO or other members of the management team.

Requirements

• Two years’ experience in a similar role is an advantage.
• Bachelor's degree in Business Management, Finance, or a related field.
• Proficient in the use of AML software and tools
• Excellent communication and interpersonal skills.
• Strong analytical and problem-solving skills.
• Detail-oriented with a focus on accuracy and thoroughness.
• Ability to work independently and collaboratively within a team.

Method of Application