Senior AML Consultant

About the mandate

You are looking for a new assignment in Brussels as a Senior AML Consultant for the AML compliance team of a large organisation in the financial or insurance sector. You assess the existing Belgian and European framework for anti-money laundering and counter-terrorist financing (AML/CFT) against the new European AML package, including the technical standards (RTS and ITS) and the guidelines. You then review the internal policy and procedures, identify the shortcomings and support the implementation of corrective measures. You work independently and closely with Legal, Compliance, Risk Management and other parties involved. Besides the analysis, you support AML investigations and reviews of suspicious transactions, write regulatory analyses and reports, and coordinate compliance initiatives. The assignment starts as soon as possible and runs for 12 months, with possible extension depending on how the project progresses.

Responsibilities

• Carry out a gap analysis between the existing AML/CFT framework and the requirements of the new European AML package
• Analyse European and Belgian AML/CFT legislation, standards and guidelines
• Assess internal AML/CFT policy, procedures and controls against the regulations
• Identify compliance gaps and regulatory risks and draw up practical recommendations
• Support the implementation and follow-up of remediation plans
• Work with Legal, Compliance, Risk Management and other stakeholders
• Carry out or support AML investigations and reviews of suspicious transactions
• Prepare regulatory analyses, compliance reports and documentation, and coordinate AML/CFT initiatives

Must-haves

• Strong professional experience in anti-money laundering and counter-terrorist financing (AML/CFT)
• Proven experience in the banking and/or insurance sector
• Good knowledge of European and Belgian AML/CFT legislation and of the new European AML package (RTS, ITS and guidelines)
• Experience with regulatory gap analyses and determining remediation actions
• Experience with project management in a regulatory or compliance environment
• Experience with AML investigations and reviews of suspicious transactions
• Independent, analytical, accurate and strong in reporting and documentation
• Good knowledge of English, good to fluent knowledge of Dutch and French, spoken and written

Nice-to-haves

• Background in law, compliance, finance or a related field

What the employer offers

• 12-month assignment with possible extension
• Start as soon as possible
• Work location in the centre of Brussels