Banking Relations & Compliance Specialist

About the role

The partner company seeks a Banking Relations & Compliance Specialist to manage relationships with Armenian and foreign banks, oversee KYC/KYB processes, and ensure compliance for international transfers. The role requires practical banking experience and a solid understanding of internal banking procedures.

Key responsibilities

• Manage relationships with Armenian banks and, when needed, foreign financial institutions.
• Coordinate account opening, KYC/KYB procedures, and ongoing banking services.
• Assess banking and compliance risks before international transfers and propose preparatory steps.
• Analyze company and partner transactions for AML/CFT, KYC/KYB, transaction monitoring, and sanctions screening.
• Prepare documentation for banks regarding UBO, source of funds, business activity, and transaction substantiation.
• Respond to bank inquiries on compliance, financial monitoring, and correspondent banking.
• Monitor legislative and regulatory changes in AML/CFT and FATF standards and evaluate their impact.

Required profile

• Higher education in finance, economics, law or related field.
• Minimum 2 years of direct experience in compliance, AML/CFT, KYC/KYB, international payments, correspondent or corporate banking.
• Strong analytical abilities, high responsibility, attention to detail, and excellent written and verbal communication.
• Fluent Armenian, English (B2+), and working knowledge of Russian.

Required skills

• KYC/KYB procedures
• AML/CFT compliance
• Transaction monitoring
• Sanctions screening
• International transfers processing
• Banking risk assessment
• Knowledge of Armenian AML legislation
• FATF standards familiarity