Business Analyst & AML & Point of Sale (POS) Systems

We are currently partnering with a leading Insurance provider to recruit a specialized Anti-Money Laundering (AML) Consultant. This is a critical role focused on enhancing financial crime controls directly at the Point of Sale (POS).

As the insurance industry faces increasing regulatory scrutiny, our client is transforming how their agents, brokers, and digital channels onboard customers. You will be the bridge between regulatory compliance and the practical realities of selling insurance products, ensuring that AML checks are seamless, compliant, and integrated into the sales journey.

What You Will Do
• Requirements Gathering: Lead workshops with Compliance Officers to understand regulatory requirements (BSA/AML, OFAC) and translate them into functional and non-functional user stories for the development team.
• Process Mapping: Create detailed “As-Is” and “To-Be” process maps for the customer acquisition journey, specifically identifying where AML checks must occur during the Quote-to-Bind process.
• System Integration Analysis: Analyze data flows between the POS front-end and back-end AML engines (e.g., Actimize, Oracle Mantas, or third-party IDV vendors).
• Gap Analysis: Compare current data capture fields in the sales portal against regulatory requirements to identify missing beneficial ownership or customer due diligence (CDD) data points.
• UAT Coordination: Define acceptance criteria and lead User Acceptance Testing (UAT) to ensure that new AML features function correctly without breaking the sales workflow.
• Stakeholder Management: Act as the translator between non-technical Compliance stakeholders and technical developers, ensuring business intent is understood.

What We Are Looking For
• Core BA Skills: 5+ years of experience as a Business Analyst, with strong proficiency in writing user stories, creating BRDs/FRDs, and using tools like Jira, Confluence, and Visio/Lucidchart.
• AML Domain Expertise: Minimum 2 years of experience working on Financial Crime, AML, or KYC projects. You must understand concepts like Ultimate Beneficial Owner (UBO), PEP screening, and Risk Scoring.
• Insurance Industry Knowledge: Experience with Life Insurance or Annuity products is highly preferred, as these products carry specific AML risks compared to general banking.
• POS/Digital Experience: Experience working on front-end digital portals, agency management systems, or customer onboarding platforms.
• Data Fluency: Ability to perform basic SQL queries to analyze customer data and validate system logic is a strong plus.
• Education: Bachelor’s degree in Business, IT, Finance, or equivalent experience.