Head of AML/CFT – (AML/CFT Risk Framework /Governance & Testing / Regulatory Requirements at CA Global

Job Description: 

The Head of AML/CFT shall support the Group Director, CFCC by working with other Risk and the business leaders to manage the strategy and execution of the Group’s AML/CFT risk framework. The role supports the effective management of AML/CFT related risks in the Group and provide pro-active, accurate and timely advice on AML/CFT compliance to enable all subsidiaries operate in accordance with regulatory requirements, global best practice, and applicable Group standards. The role requires good knowledge of AML/CFT risk frameworks, the potential sources of AML/CFT risk and will work with other leaders in the first and second lines of defense to identify, assess, monitor, and address such activities. 

Responsibilities:

• Support the Group Director, CFCC to implement and maintain effective Group AML/CFT risk framework and provide strategic direction in how it is managed.
• Work with the Head of CFCC Risk Assessment, Governance & Testing, as well as other relevant Group stakeholders, to the identify, control, and assess AML/CFT risk in the Group.
• Deliver advice to stakeholders and manage CDD, transaction monitoring and other related second line processes to ensure that AML/CFT requirements are fully understood and met on an ongoing basis in all business activities and in line with Group risk appetite.
• Drive effectiveness of the Group AML/CFT Risk Framework by incorporating effective and practical advice into sound early-stage second line challenge.
• Support the rollout and implementation of effective AML/CFT training across the Group.
• Assist with the timely identification of opportunities to enhance the management and oversight of AML/CFT risk, and ensuring appropriate action is taken by relevant parties to deliver improvements.
• Work with relevant stakeholders in the Group to ensure that the required controls to mitigate sanctions risk are embedded into new products and initiatives that are developed within the Group.
• Implement a process that identifies and manages potential AML/CFT risk from regulatory and geo-political changes and provide assurance that changes have been effectively embedded relevant FCR business processes.
• Develop and implement strategies to broaden internal and external networks and keep up to date with regulatory requirements and industry best practice to continuously improve the effectiveness of Group AML/CFT risk management.

Minimum Requirements

• Requires 12+ years of professional experience and 5+ years of management experience.

Critical Skills

• No less than 9 years of compliance management experience, with significant portion in AML/CFT within a large international bank.
• Strong understanding of AML/CFT Compliance and requirements within the banking industry.
• Deep experience in leveraging analytics and technology solutions to manage AML/CFT related risks.
• Critical thinking skills to understand and analyze complex problems.
• Effective communicator with strong writing and verbal abilities to communicate across all levels of the Group.
• Ability to develop strong relationships and collaborate with senior business and function leaders to influence change.
• Proven focus on deliverables, organized, and ability to manage multiple high priority deliverables.
• Self-starter, highly organized, and detailed-oriented.
• Strategic and critical thinking and the ability to concisely convey complex regulatory concepts and possible solution sets.
• Excellent facilitation and presentation skills.
• Exercise high level of discretion and confidentiality due to the sensitive nature of the scope of work.
• Extremely detail oriented with ability to elevate details into strategies.

Education

• Master’s degree plus relevant professional qualifications such as CAMS, ICA.