Manager – Regulatory & AML Compliance

Manager – Regulatory & AML Compliance

Requirements

• Bachelor’s degree in Law, Business, Finance, or a related field.
• Professional certification in compliance (e.g., CAMS, CRCM) is highly desirable.
• Minimum of 5 years of experience in regulatory and AML compliance roles, preferably within the financial services sector.
• Strong understanding of regulatory frameworks and AML laws and regulations.
• Proven ability to interpret and apply regulatory requirements to business operations.
• Excellent analytical and problem-solving skills.
• Strong communication and interpersonal skills, with the ability to interact effectively with all levels of the organization.
• Ability to manage multiple tasks and projects simultaneously, meeting deadlines and achieving goals.
• High attention to detail and accuracy.
• Proficiency in compliance management software and tools.

Responsibilities

• Develop and implement regulatory compliance policies and procedures.
• Monitor and interpret changes in regulatory requirements and ensure the organization remains compliant.
• Conduct regular audits and assessments to identify and mitigate compliance risks.
• Interface with regulatory bodies and ensure timely submission of required reports and documents.
• Provide guidance and training to staff on regulatory compliance practices.
• Develop and implement AML policies and procedures in line with industry standards and regulatory requirements.
• Oversee AML risk assessments and ensure appropriate controls are in place to mitigate identified risks.
• Conduct investigations into suspicious activities and transactions and report findings to relevant authorities.
• Maintain and update the AML compliance program, ensuring it addresses current regulatory trends and risks.
• Coordinate and participate in AML training programs for staff across the organization.
• Identify, assess, and manage risks related to regulatory and AML compliance.
• Develop risk mitigation strategies and ensure their implementation across the organization.
• Monitor the effectiveness of compliance programs and procedures and recommend improvements.
• Collaborate with other departments to ensure a cohesive approach to risk management and compliance.
• Maintain accurate records and documentation of all compliance activities and decisions.
• Prepare and present regular compliance reports to senior management and regulatory bodies.
• Ensure all reporting requirements related to regulatory and AML compliance are met in a timely manner.

Preferred Qualifications

• Professional certification in compliance (e.g., CAMS, CRCM) is highly desirable.