Anti-Money Laundering Specialist

Overview

The ANTI-MONEY LAUNDERING COMPLIANCE SPECIALIST/ SR. SPECIALIST essentially acts as representative of the Risk and Compliance Office as an advisor and drives the implementation of the Money Laundering and Terrorist Financing Prevention Program and ensuring the company is compliant to all AML/CTF rules and regulations.

What you will do:

Policies and Procedures:

• Design, Implement and Evaluate the AML Compliance Program
• Help develop internal controls and monitor compliance
• Design and develop innovative company policies and procedures
• Conduct research and keep abreast of local and/or international regulations, AML standards and business requirements, Educate and train employees on AML regulations and industry practices
• Address concerns or questions on legal compliance
• Evaluate policies/procedures and ensure they are in line with all regulations, risks are identified, and controls are in place

Internal Operations:

• Maintain knowledge of legal requirements and Anti-Money Laundering (AML) controls
• Audit processes, practices and documents
• Evaluate business activities to assess AML compliance risk
• Ensure plans are in place for a crisis or compliance violation
• Provide input to the AML training required for newly recruited personnel and staff as well as partners and relevant stakeholders
• Conduct compliance testing and monitoring activities to identify areas of non-compliance and initiate solutions
• Ensure partners and clients carry out banking activities within acceptable legal boundaries

What we are looking for:

• 5-7 years working experience, preferably within the banking or financial services industry
• Preferably having significant experience in Risk and Compliance Function or Audit
• Supervisory experience is highly preferred.
• Solid organization and project management experience, in the space of AML Compliance
• Professional certifications preferred but not required
• Knowledge or familiarity with VASP regulations and Cryptocurrency concepts