Banking Relations & Compliance Specialist

About the role

We are looking for a Banking Relations & Compliance Specialist to manage our banking relationships, oversee KYC/KYB processes, and ensure compliance for international transfers. The role requires practical experience in banking operations and a solid understanding of AML/CFT regulations.

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.
• Investigate payment suspensions, delays, returns, or rejections and propose solutions.
• Monitor legislative and regulatory changes in AML/CFT and FATF standards and evaluate impact on banking relationships.

Required profile

• Higher education in finance, economics, law, or a related field.
• Minimum 2 years of direct experience in banking compliance, AML/CFT, financial monitoring, KYC/KYB, international payments, correspondent banking, or corporate banking.
• Practical knowledge of international transfer review processes and solid understanding of KYC/KYB, UBO, source of funds, transaction monitoring, and sanctions screening.
• Familiarity with Armenian AML/CFT legislation and FATF standards.
• Strong analytical skills to identify and mitigate banking risks.

Required skills

What we offer

• Opportunity to work closely with banking partners and legal/financial teams.
• Exposure to international compliance frameworks and regulatory developments.