Job Description
You will lead the organisation's functions charged with monitoring compliance with the provisions of the money laundering, anti-money laundering and terrorist financing legislation. Key Deliverables; Monitoring compliance with obligations under the legislation and Report any suspicion of any offence of money laundering or terrorist financing to the relevant authorities. The Head of AML will be responsible for leading the delivery of the AML strategy and leading best practice in implementation of AML measures. Main Duties & Key Responsibilities The successful candidate will perform the following duties in line with the organisation's standards and strategic objectives and as directed. Lead the AML function from a competent authority, policy & regulation perspective. Ensure an effective risk-based AML/CTF/Sanctions oversight & compliance programme is in place to comply with anti-money laundering, anti-terrorist financing and government and economic sanctions requirements. Develop and maintain an AML risk assessment framework, policies & procedures for the organisation to meet its responsibilities. Be aware of and communicate the new regulatory developments and recommend any corrective measures required to be taken to address identified weaknesses in the AML/CTF competent authority framework. Support in the provision of guidance material, practice notes and education programmes in respect of AML compliance. Work closely with stakeholders to enhance and further develop an appropriate regulatory environment. Provide data, statistical analysis and reports, as required, in respect of AML compliance and regulatory investigations. Knowledge & Skills A third level qualification (ideally but not confined to) law, business and law, accounting or similar or 10+ years' experience working in a statutory body or a professional regulatory environment. Ability to influence key decision-makers through a combination of knowledge, reasoning, and relationships and a demonstrated reputation of operating with the highest honesty and integrity. Experience in drafting policies and procedures, communications to stakeholders and other leaders, including status reports, program updates and regulatory requirements. Relevant experience regarding the identification, assessment and management of the money laundering, terrorist financing and financial sanctions Ability to analyse, interpret, and communicate regulatory guidance to support business unit initiatives and advise stakeholders how to proceed from a compliance perspective. Exceptional organisational skills with an ability to multi-task in a high paced setting Experience in managing people and processes in multi-disciplinary teams to deliver optimum results. An excellent command of written and spoken English. A record of success in working on complex matters Strong knowledge of and proficiency in various IT systems, particularly database systems Experience of stakeholder engagement High level of discretion and the corresponding ability to handle sensitive information with integrity. At Wallace Myers International Recruitment Agency we specialise in sourcing professionals for key industries and services. See our website for more details. Privacy Policy: By applying for this role you are agreeing that your details will be stored in our database and may be considered for similar future positions. For more info see Skills: AML Law compliance Benefits: Work From Home Excellent Benefits