AML Analyst, Interactive Brokers
Quality Assurance, Testing & Monitoring
Office located in North Wall Quay, Dublin
Online broker
Be an early applicant
Online broker
1001+ employees
Be an early applicant
Office located in North Wall Quay, Dublin
1001+ employees
Company mission
To create technology to provide liquidity on better terms.
Role
Who you are
- At least 2+ years’ experience in Anti-Money Laundering compliance, preferably at a large broker or other financial institution with a European customer base, or an EU regulator
- Experience in KYC/customer due diligence reviews, transaction monitoring, financial crime investigations and anti-fraud, will be required
- Audit experience within the financial sector will be beneficial
- A Bachelor’s degree in Law, Business, Finance, or Accounting preferred or Certified Anti-Money Laundering Specialist (CAMS) or similar ICA Diploma
- Sound knowledge of European and UK regulations , European Directives and ability to be current on AML developments
- Excellent verbal and written communication skills
- Self-motivated with the ability to work in a small team as well as independently
- Proficiency in the usage of MS Excel, Word, Outlook and PowerPoint
- Efficient when working with large data sets in excel or other proprietary databases
- Strong attention to detail
What the job involves
- This role reports directly into the Pan EU Head, AML/Assurance Testing and Monitoring at Interactive Brokers Ireland Limited
- The Assurance Testing and Monitoring team sits within the broader AML team and reports to the Money Laundering Reporting Officer (MLRO).
- The team is responsible for: Performing independent (audit-style) testing activities in accordance with applicable IB group procedures/policy, and UK/EU AML legislation to assess the design and effectiveness of first and second line AML controls, producing reports on the effectiveness of the controls by analysing metrics from test samples and validating appropriateness of remediation actions undertaken to address findings
- Implement, and execute compliance testing program for Anti-Money Laundering (AML) controls in the first and second lines of defence
- Participate in the planning, execution, and reporting of compliance assurance reviews and regulatory issue validation
- Perform qualitative, risk-based testing on first and second lines of defence by reviewing key Anti-Money Laundering/Financial crime control points from a population sample
- Participate in preliminary discussions with applicable control owners and present initial test findings
- Produce Reports (including ad hoc) for control owners and senior management based on initial findings and discussions, at the direction of the AML Assurance/QA Manager
- Develop and prepare corrective action and management information reports for control owners
- Conduct timely follow-ups on pending issues to ensure quick resolutions
- Participate in the planning, execution and reporting of compliance assurance reviews
- Carry out compliance and regulatory issue validation activities in accordance with the Assurance Testing Plan
- Assist with the development and enhancement of the Assurance Testing Methodologies and Standards for testing, monitoring, and reporting
- Utilize innovative compliance testing solutions including Data Analytics for value addition and reduce costs of compliance-related activities
- Coordinate QA/Testing reviews under the guidance of the AML Assurance/QA Manager and Senior QA/Testing Analyst, following the Assurance Testing Plan
- Assist in producing AML/Anti-financial crime Quality Assurance review metrics and distribute to stakeholders
- Update and monitor issues identified for remediation using the various Compliance Tracking Tools
- Intermediate knowledge in the usage of Oracle SQL to retrieve, filter, analyse, format and present information from Oracle databases for testing and exception report monitoring
- Reporting: This role reports directly into the Pan EU Head, AML/Assurance Testing and Monitoring at Interactive Brokers Ireland Limited
Our take
Interactive Brokers is an automated electronic broker, empowers users to analyse global stock markets, manage portfolios, and explore diverse investment assets. With a history spanning over 45 years, the company has thrived by adapting to evolving digital trading trends. Its comprehensive suite of services includes analytical tools, asset marketplaces, and seamless third-party integration, enhancing portfolio management capabilities.
Boasting over $11.6 billion in equity capital, Interactive Brokers remains at the forefront of industry innovation. The company has embraced the rising popularity of cryptocurrency, offering customers access to crypto trading through a partnership with Paxos Trust Company. This proactive approach reaffirms Interactive Brokers' position as a forward-thinking player in the ever-changing trading landscape.
Recently, Interactive Brokers expanded its trading hours for U.S. Treasury bonds to 22 hours a day, allowing global clients to trade during their local hours and quickly respond to market news. This extension reflects the company's commitment to flexibility and comprehensive service, meeting the diverse needs of clients in over 200 countries and territories.
Kirsty
Company Specialist at Welcome to the Jungle
Insights
8% employee growth in 12 months
Company
Company benefits
- Retirement plan 401(k) with a competitive company match
- Excellent health and wellness benefits, including medical, dental, and vision benefits and company-paid medical healthcare premium
- Wellness screenings and assessments, health coaches and counseling services through an Employee Assistance Program (EAP)
- Paid time off and a generous parental leave policy
- Daily company lunch allowance provided, and a fully stocked kitchen with healthy options for breakfast and snack
- Corporate events, including team outings, dinners, volunteer activities and company sports teams
- Education reimbursement and learning opportunities
- Modern offices with multi-monitor setups
Company HQ
Greenwich, CT
Leadership
Thomas Peterffy
(Chairman)Former computer programmer and architectural draftsman. They played a role in developing the first electronic trading platform for securities at the American Stock Exchange.
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