Compliance (AML)

Freelance AML in Banking in Brussels

For one of our clients, we are actively looking for a Freelance AML Consutlant in Brussels.

A major banking institution is seeking an experienced Freelance AML / KYC Consultant to support its Financial Crime Compliance function.

This assignment is part of ongoing efforts to strengthen anti-money laundering controls, improve customer due diligence processes, and ensure compliance with local and international regulatory requirements.

You will work alongside Compliance, Risk, Operations, and Front Office teams on a variety of AML, KYC, sanctions, and regulatory projects within a fast-paced banking environment.

Role

KYC & Customer Due Diligence

Conduct Customer Due Diligence (CDD) and Enhanced Due Diligence (EDD) reviews for retail, private banking, corporate, and institutional clients.
Review customer files to ensure compliance with AML and KYC requirements.
Analyze complex corporate structures, beneficial ownership chains, source of wealth, and source of funds documentation.
Perform onboarding reviews, periodic reviews, and remediation activities.
Escalate high-risk cases where appropriate.

AML Investigations & Transaction Monitoring

Investigate transaction monitoring alerts and unusual transaction patterns.
Assess potential money laundering, terrorist financing, sanctions, and reputational risks.
Prepare investigation reports and recommendations.
Support the preparation of Suspicious Transaction Reports (STRs) when required.
Work closely with operational and business teams to obtain supporting documentation.

Regulatory Compliance & Risk Management

Ensure adherence to AML/CFT regulations, internal policies, and regulatory expectations.
Contribute to AML risk assessments and control reviews.
Support compliance monitoring activities and second-line controls.
Participate in regulatory projects and policy updates.
Assist during regulatory inspections and internal or external audits.

Advisory & Stakeholder Management

Act as a trusted advisor on AML and KYC matters.
Support Front Office teams in understanding and applying regulatory requirements.
Collaborate with Compliance, Legal, Risk, and Operations departments.
Provide pragmatic recommendations balancing regulatory obligations and business needs.

Transformation & Remediation Projects

Support large-scale KYC remediation and file review programs.
Contribute to process improvement and operational efficiency initiatives.
Participate in the implementation of new AML frameworks, systems, and regulatory requirements.
Assist in enhancing governance, reporting, and control frameworks.

Profile

Experience

Master's or Bachelor's degree in Law, Finance, Economics, Business Administration, Criminology, or a related field.
Minimum 3 years of experience in AML, KYC, Financial Crime Compliance, or Regulatory Compliance within the banking sector.
Experience in retail banking, private banking, corporate banking, or investment banking environments.
Previous exposure to remediation projects or regulatory transformation initiatives is highly valued.

Technical Skills

Strong knowledge of AML/CFT regulations and banking compliance frameworks.
Expertise in KYC, customer onboarding, periodic reviews, and transaction monitoring.
Familiarity with sanctions screening and financial crime prevention controls.
Experience with AML systems and workflow tools.
Strong analytical and investigative skills.

Personal Skills