AML Compliance Manager

Roles and Responsibilities -

The candidate would be leading the AML Transaction monitoring department and part of the Compliance function in supporting the Chief Compliance Officer. The Compliance Manager will

• Develop and maintain the Company's anti-money laundering and counter-terrorist financing process in line with evolving statutory and regulatory obligations.
• Support maintaining accurate documentation / track on regulations, rules and standards and any further developments relating to KYC / AML.
• Assist management in developing and maintaining an effective anti-money laundering and counter-terrorist financing compliance culture.
• Develop internal procedures in line with the requirements of the legislation and the relevant industry guidance.
• Ensure transaction monitoring tool is functioning as per the regulatory requirements, follow up on the alerts thrown by the system for additional data from business functions and conduct investigation of all internal suspicious activity alerts.
• Ensure the submission of reports to the relevant authorities regarding all suspicions that have substance.
• Ensure that all staff are aware of their personal obligations and the Company's policies and procedures and that the basis for the company's risk-based approach is understood and applied.
• Ensure that all relevant staff are adequately trained in money laundering and terrorist finance prevention, that the standards and scope of the training are appropriate, and that appropriate training records are kept.
• Regularly review the effectiveness of money laundering compliance policies and procedures to prevent money laundering and counter the financing of terrorism.
• Remain aware of any relevant sanctions, prohibitions or advisory notices. Also, if necessary, advise management and relevant staff of the names of any detected individuals and institutions on the sanctions list.
• Promptly respond to any reasonable request for information from the regulator and/or law enforcement agencies.
• Support on the Compliance related matters as entrusted from time to time.