Overview
Internship AML Analyst (12 months) Jobs in Zurich, Switzerland at BBVA
Title: Internship AML Analyst (12 months)
Company: BBVA
Location: Zurich, Switzerland
About us
At BBVA we are leading the transformation of banking worldwide, united in pursuing our goal of bringing the age of opportunity to everyone. Firmly focused on the future, our on-going digital transformation is already producing disruptive innovations that power our vision of banking. Every one of our 126,357 employees, from branch staff to senior leaders, plays an essential role in giving our 75 million customers the cutting-edge banking solutions that they deserve. Building on 160 years of history we know the importance of constant development, which is why we place so much confidence in the collaborative working environment that enables our people to grow and excel. If you would like to learn about the culture and opportunities on offer at a company that is leading the way for 21st century banking, head to the ‘Life’ tab to find out more.
BBVA in Switzerland is the only bank in the BBVA Group devoted exclusively to Private Banking. As part of a global financial group that is heading banking transformation worldwide, we combine experience and soundness with new-era innovative spirit. We are wherever our clients are, Creating Opportunities and committed to banking of the future. We provide the best financial advisory and wealth diversification options by investing in global financial markets.
We are looking for a motivated Intern to work in our Anti-Money Laundering Department in Zurich.
Internship AML (12 months)
Main learning topics:
Gain knowledge of AML regulations, KYC requirements and financial crime prevention framework
Understand the risk-based approach and its application in a financial institution
Learn how to conduct KYC reviews and assess customer risk
Understand beneficial ownership structures and PEP screening
Learn about monitoring and analyzing transactions to identify suspicious activities
Understand typologies of money laundering and terrorist financing
Learn how to work with legal, compliance and risk management teams
Understand the role of AML analysts in a financial crime prevention strategy.
Tasks:
Manage assigned tasks related to KYC processes (assist in collecting and verifying KYC documentation for new and existing customers; review and validate the source of wealth and source of funds; help identify ultimate beneficial owners an assess ownership structures; support risks assessments for customers, categorizing them into low, medium or high risk)
Conduct PEP screenings
Tasks on engagements related to look-backs and transaction monitoring activities. Investigate alerts generated by transaction monitoring systems and escalate potential suspicious activities
Front-office support/assistance.
Support the team in performing compliance testing to assess processes and controls of the compliance program
Requirements:
Bachelor’s degree in Law/Business
Flexibility; accountability, positive attitude, resilience, teamwork and proactivity
Strong analytical/research/investigative skills and keen attention to detail
Strong and effective written and oral communication skills in Spanish / English
Ability to work independently and as part of a team
Ability to maintain a climate of teamwork cooperation
Does this sound interesting to you? We are looking forward to receiving your application!
