The Senior Anti-Money Laundering Officer will be responsible for ensuring that the company achieves and maintains compliance with its AML-CFT obligations. With the necessary knowledge in the company’s regulatory requirements, including its application, the Senior Anti-Money Laundering Officer will develop and ensure implementation of required compliance frameworks to achieve this.
Tasks
- Ensure that the company complies with the requirements of all applicable anti-money laundering legislation and internal Group standards
- Develop, improve and manage the company’s policies, procedures and controls related to AML-CFT in line with the latest regulations in the industry
- Maintain, update and implement a Business Risk Assessment in line with the activities carried out by the company
- Oversee, monitor and manage the extent to which the group policies and operational procedures pertaining to AML/CFT policies and procedures are sufficiently implemented and effective in light of the risks relating to ML/TF with which the company is exposed
- Assess and update systems and procedures to ensure that all suspicious transactions are investigated, documented and passed on to the relevant authorities if necessary
- Carry out periodical risk assessments and advise the company on necessary actions
- Ensure that there is an AML-CFT compliance culture, including delivery of AML-CFT training
- Act as a liaison officer with the regulator
- Investigate and analyse suspicious activity reporting from the transaction monitoring processes, make recommendation of reporting to the MLRO where required.
- Act as a Designated Employee in handling Requests for information by Regulatory authorities and Police/ Attorney General/ FIAU
- Liaise with 3rd parties and regulators when and as needed
- Assist in the performance of due diligence and reviews of existing key partners and customers in accordance agreed and applicable frameworks
- Communicate effectively and efficiently with relevant internal and external parties to obtain due diligence information and documents
- Assisting with internal reporting and preparation of Management Information, AML Reports and KPIs,
- Prepare data analysis and assist with regular or ad hoc reporting or submissions
- Support in the completion of REQs to the FIAU
- Keep abreast with AML/CFT regulatory developments
- Minimum 3 years practical experience in AML-CFT Compliance, Transaction Monitoring, Banking, Audit or other regulatory related work
- Excellent knowledge of AML-CFT regulatory obligations, laws, regulations and directives is a must;
- Excellent oral and written skills and able to communicate with a variety of both internal and external stakeholders
- Have a strong compliance culture, integrity and trustworthiness
- Independent oversight and problem solving skills
- Analytical skills
- Great attention to detail and high accuracy
- Excellent organizational and reporting skills
- A team player who is able to adapt and learn to work in a fast-paced environment
- Professional integrity
