Anti-Money Laundering (AML) Specialist

About Wolt At Wolt, we create technology that brings joy, simplicity and earnings to the neighborhoods of the world. In 2014 we started with delivery of restaurant food. Now we’re building the delivery of (almost) everything and you’ll find us in over 500 cities in 30 countries around the world. In 2022 we joined forces with DoorDash and together we keep on dreaming big and expanding across the globe. Working at Wolt isn’t always easy, but it’s definitely exciting. Here you’ll learn more, build more, and ship more than in most other companies. You’ll be challenged a lot, but also have a lot of fun on the way. So, if you’re a self-starter with drive and entrepreneurial spirit, this could be the ride of your life. What do you get by putting together a team full of great communicators interested in exploring the intricate world of technology and making a positive impact both at Wolt and in the cities that Wolt operates in? None other than our very own Tech Support Team, a team that plays an incredibly important role as the bridge between our operations and product teams. Today we’re already over 50 people and now we’re looking to add one more person to our Anti-Money Laundering (AML) Team in Israel! How does this role tie into the Tech Support Team you may ask? Well, the AML Specialist is a relatively new addition to the Tech Support Team drawing inspiration from tireless work the team has done against fraudulent activity across our platforms. This team is closely linked to Tech Support’s mission to connect engineering and operations teams and create sensible, scalable processes around payment operations and fraud investigations. The Tech Support team has been the trailblazer of managing fraud prevention from an operational perspective ever since 2020 and it is a great pleasure to continue this noble effort through this new and more specialized position. Specifically, an AML Specialist plays a crucial role in ensuring the safety of Wolt and Wolt’s customer’s financial integrity by collecting and assessing customer data, monitoring and analyzing financial transactions and sanctions exposure in order to identify and prevent potential financial crime activities, such as money laundering and terrorism financing Probably one of the most exciting parts about this is that you’ll be joining a newly established team with various learning opportunities and possibility to have an impact on Wolt’s future AML operations! The primary responsibility of the AML Specialist is to assess customer transactions and profiles, conduct investigations, and ensure compliance with relevant regulations and internal policies. As for the daily tasks themselves, they consist of Transaction Monitoring, FIU Reporting, Sanction PEP Screening and Know Your Customer functions. The tasks are rotational and are covered by all team members based on workload and urgency on the functions. Because of this, the role gives a 360-degree view to different operative AML tasks during customer relationship's lifecycle. Lastly, as part of this role, you will be expected to provide support and guidance to Wolt’s Customer Support teams when there's a need to further review FinCrime related customer cases. The team oversees the below key responsibilities which are shared amongst the team members - don’t worry, you don’t have to master everything below! But here are the items and responsibilities you’d be working with: Transaction Monitoring: Utilize specific internal and external tools to monitor and analyze financial transactions for unusual or suspicious activity. Review alerts generated by the monitoring systems and conduct in-depth investigations into potentially suspicious transactions. Investigation and Analysis: Conduct thorough investigations into flagged transactions to determine the legitimacy of the activity. Analyze customer accounts, transaction patterns, and other relevant data to identify potential financial crime risks. Collaborate with o ... (truncated, view full listing at source)