AML Transaction Monitoring Lead
You will oversee and guide the AML Team, assigning tasks to team members, providing coaching, monitoring progress, and ensuring overall team success. You'll ensure the accuracy, completeness, and timeliness of covered and suspicious transaction reports, and perform second-level reviews and quality checks on investigations. You'll report on AML reporting activities weekly, perform transaction monitoring and transactional due diligence in compliance with regulatory requirements, and assist internal and external auditors, especially for regulatory audits. You'll work closely with the Transaction Monitoring Head to improve SOPs, analyze process gaps, and provide recommendations for process improvements, while preparing weekly and monthly performance reports for the CCO.
Responsibilities
- Oversee and guide the AML Team, assigning tasks and providing coaching
- Monitor team progress and ensure overall success
- Ensure the accuracy, completeness, and timeliness of covered and suspicious transaction reports
- Conduct second level review and quality checks for investigation handling
- Report the status of AML Reporting activities weekly
- Perform AML Transaction Monitoring and Transactional Due Diligence in compliance with regulatory requirements
- Assist internal and external auditors, especially for regulatory audits
- Work with the Transaction Monitoring Head to improve transaction monitoring SOPs
- Analyze process gaps and provide recommendations for process improvements
- Prepare weekly and monthly performance reports and submit to CCO
Requirements
- Graduated from a 4-year business, accounting, legal management, or related course from a reputable institution
- Understanding of relevant issuances, rules and regulations
- Strong analytical problem-solving skills
- Excellent oral and written communication and interpersonal skills
- Good organizational skills; ability to prioritize, manage multiple tasks, and adhere to strict deadlines
- Minimum of 2-3 years experience in a compliance or AML-related role, with training for AMLA-related activities
- Certification as AML Specialist or Sanctions Specialist, or willingness to be trained