AML/KYC Associate – Funds Industry

Job title:

AML/KYC Associate – Funds Industry

Company

Grant Thornton

Job description

We are Grant Thornton. We go beyond business as usual, so you can too.Grant Thornton Ireland (GT) has over 3,000 people in 9 offices across Ireland, The Isle of Man, Gibraltar, and Bermuda, with a presence in over 130 countries around the world, and a global network of over 62,000 people.At GT, we work as trusted advisors, bringing local knowledge and national expertise, with a global presence, to help businesses succeed – wherever they are located. We make business more personal by investing in building relationships and empowering our clients to make the right choice for their organisation now and for the future. Whether that is working with the public sector to build thriving communities, with regulators and financial institutions to build trust, or with a diverse range of businesses to help them achieve their goals, Grant Thornton Ireland work hard to support clients to act on the issues that matter.At GT Ireland we don’t just predict your future, we build it.A Career at GTLooking for a more fulfilling role in professional services? One where fresh thinking, collaboration and diversity are valued? At Grant Thornton we do things differently.What does this mean for you?A career in a more inclusive working environment, a more collaborative work culture, a more supported, flexible working role, more possibilities to grow and more opportunities to help shape the future for your clients. We respect and value your experience. And we want you to bring your authentic self to work and be at your best. It is how it should be.Grow with usAt Grant Thornton, we care about our people and work hard to make you feel valued. If you are looking to deepen and develop your skills, knowledge, and experience throughout your career, then that is what you will get, and more.The OpportunityWe are seeking a detail-oriented and motivated AML/KYC Associate to join our growing Financial Crime Compliance “FCC” team. We are one of the largest and fasting growing teams globally, and support the world’s largest Fund Managers and Fund Administrators in the achievement of their Anti-Money Laundering (AML) and Know Your Customer (KYC) objectives. The successful candidate will play a key role in supporting our clients achieve compliance with AML/KYC regulations while delivering in the Grant Thornton way.This position involves working closely with internal Grant Thornton stakeholders, clients, end-investors, and external parties to perform thorough due diligence on investor files and maintain compliance with regulatory standards. The role also provides an opportunity to work within our wider FCC service offering including exposure to 2nd and 3rd lines of defence including AML/KYC policy review and development; AML/KYC audit assurance testing; and regulatory mandated AML/KYC risk and control assurance reviews.Key Responsibilities

• Investor Onboarding and Due Diligence:

• Conduct AML/KYC checks for new investors, including individuals, corporations, trusts, and other legal entities.
• Verify and analyse investor documents to ensure compliance with applicable regulations and client standards.
• Ongoing Monitoring:

• Perform periodic reviews of existing investor profiles to ensure continued compliance with our client’s AML/KYC policies.
• Monitor and report suspicious activities to in accordance with established protocols.
• In-depth understanding of AML laws, sanctions, and screening requirements, including OFAC, PEPs, and FATF guidelines.
• Regulatory Compliance:

• Stay updated on changes to AML/KYC laws, regulations, and industry best practices.
• Ensure all AML/KYC documentation is collected, verified, and maintained in line with regulatory requirements.
• Collaboration and Reporting:

• Work as part of large teams, working closely with team leads to address escalations and resolve discrepancies.
• Assist in preparing reports for various client stakeholders and Grant Thornton team leads.
• Data Management:

• Maintain accurate records in the AML/KYC database, ensuring data integrity and completeness.
• Handle sensitive information with discretion and confidentiality.
• Additional elements:

• Ability to assess the design and operational effectiveness of controls systematically.
• Proficient in identifying control deficiencies, assessing their impact, and proposing actionable solutions.

Qualifications

• Education:

• Preferably a Bachelor’s degree in Finance, Business, Law, or a related field.
• Experience:

• Minimum of 1-3 years of experience in an AML/KYC role within the funds, banking, or financial services industry.
• Familiarity with fund structures such as mutual funds. hedge funds, and private equity is a plus.
• Skills and Knowledge:

• Strong knowledge of AML/KYC regulatory frameworks and requirements (e.g., Irish Criminal Justice (Money Laundering and Terrorist Financing) Act, CSSF Circulars, EU AML Directives, BSA / PATRIOT ACT, FATCA, CRS).
• Proficiency in using AML/KYC systems and databases.
• Excellent analytical skills and attention to detail.
• Strong communication skills, both written and verbal, for interacting with investors and internal teams.
• Ability to work independently and manage multiple tasks in a deadline-driven environment.

Preferred Qualifications:

• Certifications such as CAMS (Certified Anti-Money Laundering Specialist) or other certifications or Diplomas in AML.
• Experience with compliance systems and tools like World-Check, LexisNexis, or similar platforms.

Life at GTReward and benefits:Our reward and benefits are designed to create an environment where our people can flourish. We are committed to building a culture where our people have access to the necessary benefits to help promote a healthy lifestyle and thrive.Equity, Diversity and Inclusion:At Grant Thornton, we provide equitable opportunities for all our colleagues. We are a responsible, sustainable business where equity, diversity and inclusion (ED&I) is at the forefront of our workplace culture agenda, and today, we continue to build and develop on our existing ED&I structure and strategy to meet our workplace culture needs. People are at the heart of our business and teams built with varied backgrounds, racial differences, cultures, sexual orientations, religious orientations, ages, gender identities, abilities and family types present diverse viewpoints, which need to be heard and valued.We are all at our best when we are able to be ourselves and we view integrity and authenticity as integral values to bring to our day-to-day work-life at the firm. We are excited to see the personality and perspectives you will bring to our team because we know we will all benefit from them. Diversity of thought, background and experience enables better decision-making, improves the quality of our delivery, and helps us to meet the needs of our clients. Our firm is built on people and their ideas, so we want to hear all the new perspectives and fresh thinking you have to offer. You form the bedrock of our firm’s best-practice principles and we will champion you as leaders from day one.Recognition:We want to create a culture of recognition and celebrating success, by saying thank you to people who surpass our expectations and recognising the right values and behaviours. Our Shout Out recognition scheme is our way of highlighting and promoting achievements. Whether you simply want to say thank you, celebrate a special occasion or give an award for doing something exceptional, you can do all of this and more through the scheme.#LI-R1

Expected salary

Location

Dublin

Job date

Wed, 05 Mar 2025 08:42:30 GMT

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