AML Compliance Analyst, Amazon
CN, KYC
The largest online retailer and technology provider
Job no longer available
The largest online retailer and technology provider
1001+ employees
Job no longer available
1001+ employees
Company mission
Amazon aims to be Earth’s most customer centric company. Their mission is to continually raise the bar of the customer experience by using the internet and technology to help consumers find, discover and buy anything, and empower businesses and content creators to maximise their success.
Role
Who you are
- Fluency in Chinese and English
- Bachelor’s degree preferably in Business, Law, Science, Compliance or Economics
- 1-2 years previous AML/Compliance experience
- Strong working knowledge of Compliance, AML and KYC related laws and other relevant regulations
- Good working knowledge of Microsoft office programs
Desirable
- An AML related certification
- Payments or e-commerce background
- Fluency in other European languages is an added advantage
What the job involves
- The Compliance Analyst role is part of a team responsible for completing and reviewing key compliance work across multiple payments licences. The Analyst is a key component of the “second line of defence” in Amazon’s compliance and risk management governance structure
- Working cross-functionally with legal, operations, product, risk management, marketing, and finance. You may also be involved in driving projects to completion; developing strategies based on data; balancing compliance, business and customer needs to protect Amazon and help to drive a culture of Compliance and great customer experience
- Complete Customer Due Diligence Checks
- Validate seller documents and information
- Highlight any exceptions, resolve and document results
- Ensure your findings are recorded and escalate any areas of concern to management to ensure issues are rectified
- Report back to business functions on compliance performances
- Assist with implementation of regulatory changes into business operations in a timely manner
- Assist in the gathering of internal information in response to regulatory requests
- Assist in the creation and monitoring of reports and metrics for AML tracking purposes for on-going monitoring as well as new products
- Provide support and AML subject matter expertise to investigations/operational staff to help them understand AML requirements as they relate to their function
- Assist in the creation and monitoring of reports and metrics for KYC and AML tracking purposes for on-going monitoring as well as new products
Our take
Amazon is the world's largest online retailer, and is well-known for its disruption of well-established industries. The company is present in numerous verticals, including cloud computing with Amazon Web Services, AI with its range of Alexa devices and a global marketplace more commonly referred to as 'the everything store'. Acquisitions include Ring, Twitch, Whole Foods Market, and IMDb.
More recently, Amazon has been focused on leading the "third wave in digital advertising". Many businesses are now shifting ad dollars to retailers, which before would have been spent with online media platforms. Amazon's seen great success in the space, with its revenue from advertising now higher than its Amazon Prime membership scheme, audiobooks and digital music combined. This growth is particularly impressive considering its digital ad rivals (like Snap, Alphabet, and Meta) have suffered declines due to wider macroeconomic factors and Apple's iOS privacy changes.
Despite its dominant market position, Amazon will continue to be challenged over the next decade, including sustaining AWS's cloud dominance in the face of Google and Microsoft. On top of this, the company's e-commerce division is facing profitability problems despite its 2023 post-IPO debt funding of 8 billion. It will need to find new ways to stay above their competitors.
Steph
Company Specialist
Insights
Company
Company benefits
- Employees have opportunities to own Amazon stock, participate in 401(k) plans with company match, and enroll in paid life and accident insurance
- Financial counseling and estate planning services are also available, plus paid short-term and long-term disability if needed
- Medical, dental, and vision coverage to all our regular full-time employees, regardless of their level, tenure, or position
- Amazon employees have free access to a network of more than 2 million caregivers, including nannies, babysitters and special-needs caretakers
- Employees receive discounts on certain day care centers, and Amazon provides a variety of free resources for parents of children with autism, ADHD and developmental disabilities
- Adoption assistance for qualified domestic and international adoption expenses including attorney fees, court costs, and travel
- Leave Share program allows employees to give six weeks of paid parental leave to a spouse or partner who isn’t eligible for parental leave from their employer
Company values
- Customer obsession rather than competitor focus
- Passion for invention
- Commitment to operational excellence
- Long-term thinking
Company HQ
South Lake Union, Seattle, WA
Articles
Founders
Jeff Bezos
(Executive Chairman)Jeff is an American business magnate, media proprietor, and investor. As well as founding Amazon, Jeff founded Blue Origin, an aerospace manufacturer and sub-orbital spaceflight services company and also owns The Washington Post.
Andy Jassy
(President & CEO (not founder))Joined Amazon as a Marketing Manager in 1997. Developed AWS with Jeff Bezos, and became CEO of Amazon in 2021.
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