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Job Description
Summary of Head of AML (SVP) role: Develop and maintain AML risk framework, provide advice and guidance to business units, and ensure compliance with laws, regulations and business standards.
Key Responsibilities:
- Guide business units through internal and external changes, ensuring compliance with applicable laws, regulations, business standards, codes of conduct and guidance.
- Provide advice and deliver AML MI reporting and help shape and streamline MI reporting processes.
- Develop and maintain a strong partnership with the business based on trust, capability and integrity.
- Provide high quality advice and guidance to help the business to meet their regulatory, strategic and tactical objectives.
- Ensure that all Investors and Clients meet the due diligence requirements of the Criminal Justice (Money Laundering and Terrorist Financing) Act 2010, the Criminal Justice Act 2013 and the Proceeds of Crime Law in the Cayman Islands.
- Develop strong working relationships with Transition, SHS, Operations, Legal, Depositary and Corporate Governance.
Ideal Skills & Requirements:
- Strong advisor on AML matters with all levels of staff and effective communication with external organisations.
- Structured and determined approach to work and keen sense of attention to detail.
- In-depth knowledge of AML Legislation, Core and Sectoral Guideline Notes.
- Demonstrable understanding of the AML requirements associated with various legal entities, fund jurisdictions and PEP's.
- Sound understanding of fund administration / depositary services.
- Ability to horizon scan and devise new risk mitigation solutions.
Requirements:
- Prior PCF holder (PCF - 52) as defined in the Central Bank Reform Act 2010.
- Meet and maintain the Standards of Fitness and Probity outlined in the code issued by the Central Bank of Ireland pursuant to section 50 of the Act.
For more information and a confidential discussion on this Head of AML (SVP) role, please contact Estelle Davis, Chief Development Officer, at Brightwater Executive.