Senior Manager – AML/CFT

Job Description:

Our client is a reputable financial institution committed to maintaining the highest compliance standards in anti-money laundering (AML) and counter-financing of terrorism (CFT). They are now seeking an experienced Senior Manager – AML/CFT to oversee and strengthen our compliance efforts. This person will be responsible for developing, implementing, and managing the firm’s AML/CFT framework to ensure compliance with regulatory requirements and international best practices. The role involves risk assessment, transaction monitoring, regulatory reporting, and providing guidance on AML/CFT policies to internal stakeholders.

Key Responsibilities:

• Develop, implement, and maintain AML/CFT policies and procedures in line with local and international regulatory requirements.
• Ensure compliance with relevant regulations such as FATF recommendations, local AML laws, and financial regulatory guidelines.
• Conduct risk assessments to identify and mitigate money laundering and terrorist financing risks.
• Oversee transaction monitoring systems and investigate suspicious transactions.
• Ensure timely reporting of suspicious activity to regulatory authorities.
• Prepare and submit AML/CFT reports to regulators and senior management.
• Liaise with regulatory bodies on AML/CFT matters, including audits and inspections.
• Keep up-to-date with regulatory developments and ensure the firm’s compliance framework remains current.
• Develop and deliver AML/CFT training programs for employees and senior management.
• Foster a culture of compliance by raising awareness of financial crime risks.
• Oversee customer due diligence (CDD) and enhanced due diligence (EDD) processes.
• Ensure ongoing monitoring of high-risk clients and transactions.
• Lead internal investigations related to potential financial crimes and misconduct.
• Work closely with internal audit teams to assess the effectiveness of AML/CFT controls.

Requirements:

• Bachelor’s degree in Finance, Law, Business, or a related field (Master’s degree preferred).
• At least 8+ years of experience in AML/CFT, compliance, or financial crime risk management within banking, asset management, or financial services.
• In-depth knowledge of AML/CFT regulations, FATF guidelines, and financial crime compliance frameworks.
• Professional certification such as CAMS (Certified Anti-Money Laundering Specialist) or CFE (Certified Fraud Examiner) is highly preferred.
• Strong analytical skills with experience in transaction monitoring and risk assessment.
• Excellent leadership, problem-solving, and communication skills.
• Ability to work with regulators and internal stakeholders to drive compliance initiatives.

EA Licence No: 23S1615