Anti Money Laundering Lead

About the team

The AML Manager will be responsible for developing and implementing the company's anti-money laundering (AML) program. They will work closely with cross-functional teams, including compliance, legal, and operations, to ensure compliance with regulatory requirements and industry best practices.

What you'll do

• Lead a team of specialists who conduct case investigations (includes analyzing transaction information, researching customer data, examining open source and media checks and recommending whether a SAR should be filed or not).
• Develop effective operational processes, task allocation, training and performance management to deliver regulatory obligation and AML/CTF management.
• Be accountable for quality assurance of the AML Investigations team, taking decisions within our policy framework and working with compliance to evolve both our policies and processes.
• Collaborate with other stakeholders contributing to operational enhancements and ensuring compliance to BNM regulations.Represent internal processes to regulators and auditors.
• Work with stakeholders to contribute to ensuring product and process compliance to regulations, manage operational impact of changes and identify opportunities to improve the customer experience, increase automation or improve operational efficiencies.
• Identify compliance risk, evaluate business customers and contribute to implementing policies, operational processes and product changes as needed.
• Periodic review of all internal SOP to ensure all processes are documented and performed accordingly.
• Create and maintain new and existing TM & AML investigations procedures and processes.
• Act as an escalation point for issues that may require Compliance and other relevant parties.
• Work closely with key partners and stakeholders to educate and influence the company regarding transaction monitoring and AML in our platform.

Requirements

• Bachelor's degree in a related field or equivalent work experience.
• 5 -7 years’ experience in Compliance Money Laundering/Terrorist Financing  screening or relevant Banking /  Finance industry.
• Strong understanding and experience of Financial Crime (AML, KYC/CDD), financial products and the MY regulatory environment.
• You have great communication and presentations skills, to support internal and external projects and audits.
• Your previous work experience in the financial sector or similar (that has given you an understanding of the relevant regulatory landscape).
• A team player at both Management & Team levels with a positive, supportive and engaged approach to change.
• Relevant industry certifications, e.g. CAMS is an added advantage.