Junior Executive | Executive - AML | CFT Compliance

Banking / Insurance / Financial Services

About the Employer

Job Description

Role Profile

The Job Holder will report to the Chief Compliance Officer and will be responsible for supporting the implementation and oversight of the Company's AML/CFT and Sanctions Compliance Programme. Key responsibilities include conducting investigations, monitoring transactions, reviewing compliance alerts, and ensuring compliance with applicable regulatory requirements, sanctions obligations, and internal policies.

Key Responsibilities

  • Review, investigate, and escalate unusual and suspicious transactions in accordance with AML/CFT regulatory requirements.
  • Prepare and submit regulatory reports, including GoAML reports and Suspicious Transaction Reports (STRs), as required by applicable regulations.
  • Conduct sanctions, Politically Exposed Persons (PEP), adverse media, and watchlist screening activities and follow up on identified matches.
  • Support Customer Due Diligence (CDD), Enhanced Due Diligence (EDD), periodic customer reviews, and risk-based monitoring activities.
  • Review AML/CFT alerts, investigate exceptions, and recommend appropriate actions.
  • Assist in the preparation of compliance reports, management information, and regulatory submissions.
  • Support AML/CFT risk assessments, compliance reviews, monitoring activities, and compliance testing exercises.
  • Maintain accurate records and documentation to demonstrate compliance with regulatory and internal requirements.
  • Assist in implementing new AML/CFT regulatory requirements, compliance initiatives, and staff awareness programmes.

Candidate Profile

  • Bachelor's Degree in Finance, Banking, Law, Risk Management, Business Administration, or a related field.
  • A Diploma or professional qualification in Compliance, AML/CFT, Banking, Risk Management, or a related field will be a distinct advantage.
  • Prior experience in AML/CFT compliance, transaction monitoring, sanctions screening, GoAML reporting, STR management, compliance monitoring, or related compliance functions will be an added advantage.
  • Sound knowledge of AML/CFT regulations, regulatory expectations, and industry best practices applicable to financial institutions.
  • Strong analytical, investigative, problem-solving, and report-writing skills.
  • Ability to identify, assess, and escalate AML/CFT and sanctions-related risks effectively.
  • Excellent communication, interpersonal, and stakeholder management skills.
  • Proficiency in Microsoft Office applications.

“Successful Candidate will be provided with an attractive remuneration package and fringe benefits commensurate with benchmarked institutions.”

Any form of canvassing will be regarded as a disqualification

Applicants are invited to submit comprehensive curriculum vitae with names of two non – related referees, copies of relevant certificates along with a passport size photograph to the address given below on or before 18th June 2016.

Application should be sent to:

Head of HR, People’s Leasing & Finance PLC, No.1161, Maradana Road, Colombo 08.

Web: www.plc.lk | Email: careers@plc.lk

We will correspond only with applicants shortlisted for interview.