About the Role
The role is responsible for investigating all allegations of financial crime within the company. The position involves developing and implementing policies and procedures to prevent money laundering and other financial crimes. The successful candidate will collaborate with auditors and regulators to minimize money-laundering risks to the business and work closely with business units to ensure compliance with AML/CTF requirements.
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Responsibilities
- Briefing and reporting to senior management on matters relating to internal AML compliance policies and procedures.
- Investigating all allegations of financial crime within the company.
- Implementing financial crime investigation practices and enhancing the financial crime culture within the company environment.
- Mitigating, minimizing, or eliminating exposure to financial crime risk to protect the company’s reputation, capital, and investments.
- Reviewing exception reports for potential financial crime activity, initiating, and completing investigations based upon those reviews.
- Developing a network of contacts within the financial services sector, identifying industry trends, and being familiar with standards, concepts, practices, and procedures for dealing with financial crime.
- Designing and implementing internal policies, procedures, and controls to align with applicable laws, regulations, and any third-party guidelines; performing detailed investigations and writing detailed reports on financial crime investigations; responding to requests for information from regulatory bodies and law enforcement agencies.
- Participating in monitoring unusual or suspicious financial activity and assisting in protecting the company’s capital, assets, and investments.
- Overseeing the anti-money laundering team and their performance.
- Ongoing revision of the Department’s policies and procedures to ensure compliance with local, international regulatory requirements, and international “best practices” as guided by Compliance leaders.
- Establishing contacts and liaising with law enforcement agencies and regulatory bodies during investigations.
- Mentoring fresh graduates of the team.
- Overseeing and implementing an ongoing AML training program for other employees.
- Enforcing, incorporating, and complying with all necessary controls and related information security (EIS) policies, procedures, practices, training, reporting, personal due diligence, and vigilance within departmental/unit activities and operations.
Qualifications
Preferred Qualifications
- A tertiary-level qualification from an internationally recognized institution.
- Analytical and investigative aptitude with a proven ability to communicate issues to both internal and external audiences.
- Thorough knowledge of financial crime requirements worldwide.
Years & Nature of Experience
- 5 to 7 years of equivalent experience demonstrating required competencies.
- Specialist individual contributor or team lead, managing and delivering projects.
- Team or technical supervision skills.
- Demonstrated expertise and experience with complex technical activities.
- Experience working with senior staff and dealing with complex issues, larger clients, accounts, projects, or internal relationships.
Technical Competencies
- Data Collection and Analysis
- Monitoring and Surveillance
- Risk and Compliance Reporting
Behavioural Competencies
- Communication
- Teamwork
- Problem Solving
