Eden Scott's client is a leading financial institution committed to maintaining the highest standards of integrity and compliance. The team of experts works tirelessly to protect their clients and their business from financial crime and fraud. Our client is looking for a motivated and detail-oriented individual to join the team as a Redemption Analyst, focusing on Anti-Money Laundering (AML) and Customer Due Diligence (CDD). The role is for 18 months and based in Edinburgh

As a Redemption Analyst specialising in AML and CDD, you will play a crucial role in safeguarding the company from financial crimes. You will be responsible for monitoring and analysing redemption activities to identify potential risks and ensure compliance with regulatory requirements. The successful individual will get involved in investigating suspicious activities, maintaining accurate records, and collaborating with various departments to ensure effective implementation of AML and CDD policies.

Key Responsibilities:

Transaction Monitoring: Review and analyse redemption transactions to detect and report suspicious activities in accordance with AML regulations.
Customer Due Diligence: Conduct thorough CDD reviews, including Know Your Customer (KYC) processes for new and existing clients to ensure compliance with internal and external policies.
Risk Assessment: Identify and assess potential risks related to redemption activities and develop strategies to mitigate these risks.
Compliance Reporting: Prepare and submit detailed reports on suspicious activities and compliance issues to relevant authorities and senior management.
Policy Adherence: Ensure that all redemption activities comply with AML, CDD, and other regulatory requirements.
Record Keeping: Maintain accurate and up-to-date records of all investigations and compliance activities.
Collaboration: Work closely with the Compliance, Legal, and Risk Management teams to enhance the company's AML and CDD frameworks.
Training and Development: Stay current with industry best practices and regulatory changes, and provide training to staff on AML and CDD policies and procedures.

Person Specification

Experience: Minimum of 2 years of experience in AML and CDD within the financial services industry.
Knowledge: Strong understanding of AML regulations, CDD processes, and financial crime risk management.
Analytical Skills: Proven ability to analyse complex data and identify patterns indicative of potential financial crime.
Attention to Detail: Meticulous attention to detail with the ability to maintain high standards of accuracy.
Communication Skills: Excellent written and verbal communication skills, with the ability to present complex information clearly and concisely.
Technology Proficiency: Familiarity with AML software, transaction monitoring systems, and Microsoft Office Suite.
Ethics and Integrity: Strong sense of integrity and commitment to maintaining confidentiality and compliance.

This position may be just one of numerous opportunities we are handling that you could have an interest in pursuing. If you have not been in touch with us before, please call on 0131 550 1100 or drop off a CV to Karen.kerr@edenscott.com and we will make sure that most relevant Consultant gets back to you as soon as possible. Please note that we never send CVs anywhere without your prior employment business for temporary work.