AML/KYC Consultant – Freelance
For a financial services customer, we are looking for an experienced AML/KYC Consultant to support in closing out several audit and self-identified process gaps. This is a 6-month freelance role focused on strengthening Customer Due Diligence (CDD) controls, specifically related to EDR (Event Driven Reviews), Professional Money Laundering Networks, and Sensitive Sectors.
The customer is aiming to enhance its AML/KYC compliance framework and ensure effective implementation of controls to address gaps identified in recent audits. The consultant will play a critical role in improving CDD processes, implementing controls for sensitive sectors, and managing the integration of expected transaction profiles during onboarding and periodic reviews.
Responsibilities:
* Strengthen controls related to EDR, Professional Money Laundering Networks (PMLN), and Sensitive Sectors.
* Define assessment criteria for changes in UBO (Ultimate Beneficial Ownership), Ownership, and Control Structure.
* Implement the assessment criteria as an operationally effective EDR trigger.
* Support the development of an action plan to monitor patterns related to professional money laundering networks.
* Assist in gathering data on professional money laundering network trends.
* Implement specific CDD controls for clients in sensitive sectors.
* Update WPIs (Working Papers & Instructions) and ensure process suitability for operational execution.
* Define and implement ETP requirements during onboarding and periodic reviews.
* Integrate ETP requirements into the CDD feedback loop.
Profile:
* Proven track record of strengthening CDD controls related to AML/KYC.
* Expertise in AML, KYC, and CDD processes.
* Deep understanding of regulatory requirements and best practices in AML/KYC.
* Strong knowledge in developing controls related to expected transaction profiles and event-driven reviews.
* Strong communication and stakeholder management skills.
* Results-oriented, proactive, and solution-driven approach.
* Ability to work in a deadline-driven environment.
Additional Details:
* SENIORITY: Senior
* START DATE: ASAP
* DURATION: 6 months
* CONTRACT: Freelance
* LOCATION: Brussels (2x days onsite)
* HOURS PER WEEK: 40
* LANGUAGES: English required