AML Specialist

Role Summary

Scania Finance is looking for an AML Specialist to coordinate its Anti-Money Laundering (AML) activities within the Group. You will be the driving force behind how the business prevents, detects and responds to money laundering and terrorist financing risk.

The role covers the full customer lifecycle. You will follow and evaluate high-risk cases at onboarding and throughout the life of the contract, including transaction screening; draft and maintain the AML routines; run the regular AML meetings; and build the company's AML structure by training colleagues on AML topics. As the AML Coordinator you will also sit on the AML Committee.

This is a cross-functional position. You will join project teams and work in close cooperation with every department, while remaining responsible for complying with external and internal rules of reference, including national legislation and Data Protection Regulations.

Job Responsibilities

AML Coordination and Governance

• Ensure overall coordination of the AML function and activities in SFZ, under the supervision of the Risk & Compliance Manager.
• Prepare the agenda for, organise and run regular AML meetings and AML Committee meetings.
• Escalate suspicious cases for possible reporting.
• Hold communication with external service providers related to AML.

Customer Risk Assessment and Monitoring

• Review and evaluate high-risk cases on new deals, and follow identified high-risk cases throughout the contract life of the customer.
• Provide support with the screening of customers and transactions.
• Re-evaluate AML risk triggered by ongoing monitoring and reclassification.
• Set the transaction rules and thresholds for SFZ.
• Assist in providing AML opinions.

Policy, Procedures and Regulatory Compliance

• Support AML policy updates, improvement and implementation.
• Create and adapt the relevant internal rules and procedures.
• Monitor local AML legislation and recommend changes.
• Map the AML status of SFZ markets in line with regulatory changes.
• Coordinate activities meant to enhance SFZ's compliance with AML legislation.
• Contribute to the formulation of the general risk assessment.

Systems, Reporting and Audit

• Support the further development of AML IT systems in the organisation, from an AML perspective, and support AML system administration.
• Develop relevant AML reports, and report on and analyse AML Key Risk Indicators (KRIs).
• Provide full support during internal or external audits in the AML area.

Training, Projects and Continuous Improvement

• Develop and execute AML-related training programmes.
• Run projects within the AML field and take part in cross-functional project teams.
• Drive continuous improvement of the AML process.
• Keep your own education in the field up to date and attend regular training.

Minimum Requirements:

• Qualification: A university degree in finance and/or law.
• Experience: A minimum of 3 years of experience in compliance in the fields of finance, law.
• Specialist knowledge: Theoretical and practical experience in the prevention and fighting of money laundering and financing of terrorism, as well as compliance with internal sanction programmes. 
• IT skills: MS Office (Excel, Word and PowerPoint).
• Language: Fluent English

Core Competencies and Personality Traits:

Integrity & Compliance

All applications will be treated with full confidentially and will only be made available to the people
involved in the recruitment process.

NB: Please be advised in order to apply for this vacancy you need to have been employed in your
current role for a minimum of 1 year.