AML Specialist

Title: Anti-Money Laundering (AML) Specialist
Location: Madrid, Spain (hybrid model)
Schedule: Monday to Friday, 40 hours per week
Languages: Fluent Spanish and English (B2/C1 level)

As an Anti-Money Laundering (AML) Specialist, you will be part of a local and collaborative Compliance team. You will work under the supervision of the Business Unit Manager and the Senior Compliance Manager, and you will be responsible for Compliance-related matters and the analysis of our clients' KYC operations.

The main functions, responsibilities, and competencies required for the position are summarized below.

• Rigorous implementation of internal procedures and protocols (completing Viewpoint and recording timesheets).
• Management of clients' legal documentation.
• Reviewing that requests comply with applicable laws and regulations.
• Preparing AML risk reports.
• Preparing the AML Procedures Manual.
• Preparing the necessary AML agreements or minutes for the approval of the AML plan by the directors of the client entity and managing the collection of their signatures.
• Reviewing AML operations to carry out monitoring requests from the legal department.
• Reviewing and updating the AML risk report and the AML Procedures Manual.
• Developing the training plan.
• Providing support for external AML audits.
• Developing corrective measure plans.
• Collecting and analyzing specific information related to Compliance, background, and risk appetite as part of the client Due Diligence process.
• Reviewing client documentation regarding their identification, source of wealth (Source of Wealth), source of funds (Source of Funds), and traceability of funds, as well as analyzing and advising on their approval (clearance).
• Performing integrity and reputation checks (morality checks) using internal and external systems regarding client structures (World-Check, Internet, press, etc.) and requesting additional information from the client when necessary.
• Maintaining a fluid and cordial relationship with all intermediaries (servicers) and client representatives (lawyers) during the various Due Diligence processes.
• Informing the client (fund), when necessary, of any possible incident or circumstance that may hinder or prevent the Due Diligence process and, consequently, the sale of the asset.

Company Secretarial (Company Secretarial)

• Collaborating in the collection of the AML documentation necessary for board meeting materials (board packs).
• Attending board meetings when necessary.
• Collaborating in the preparation and drafting of the AML agreement that must be incorporated into the board minutes.
• Applying relevant knowledge and competencies for the position.
• Demonstrating knowledge of internal and external changes that may affect CSC, its clients, policies, rules, and procedures.
• Exercising professional judgment to determine when to request advice or escalate an issue.
• Correctly documenting and archiving work performed and updating the corresponding systems.
• Preparing basic/standardized board and shareholder minutes, AML documentation, and other legal documents, using available templates, recordings, and historical data.
• Possessing strong linguistic and formatting skills, as well as great attention to detail.
• Taking responsibility for the quality of the documentation prepared.
• Conducting research effectively to develop knowledge of legislation or specialized areas.
• Possessing a legal qualification or other relevant professional qualification.
• Having a general knowledge of the local legal and regulatory framework.
• Working with a business-oriented mindset.
• Acting as a support person and reference (buddy) for junior profiles and new hires.
• Having a strong awareness of risks and complying with CSC Group policies, procedures, and controls relevant to the position.
• Understanding and complying with the main principles of applicable external regulations, Compliance requirements, and relevant ethical and professional standards.
• Having a solid knowledge of the local legal and regulatory framework.
• Identifying, understanding, and communicating risks associated with projects.
• Having a deep knowledge of legal structures and different types of legal entities.
• Understanding and providing comments and observations on legal documents (financing contracts, commercial contracts, etc.) and tax documents (IRPF, IS, IVA, etc.).
• Adapting communication (e.g., content, style, and channel) to different interlocutors.
• Drafting and presenting objective information in a clear and concise manner.
• Listening actively, taking others' concerns into account, and adapting one's own behavior constructively.
• Expressing negative opinions or feelings constructively.
• Understanding the reasons or motivations behind other people's actions and adapting behavior and communication accordingly.
• Maintaining continuous, open, and consistent communication with others.
• Checking for correct understanding of other people's communication (e.g., by reformulating or asking questions).
• Remembering the main points raised by others and taking them into account in one's own communication.
• Adapting arguments to the needs and interests of the interlocutors.
• Persuading using concrete examples to reinforce arguments.
• Interpreting the reactions of different interlocutors to determine when and how to modify the intended communication approach in order to convey messages effectively.
• Understanding the complex or underlying needs, motivations, emotions, or concerns of other people and adapting communication effectively.
• Using strong and convincing arguments to convey conclusions and ideas.