KYC/AML Manager

Job description

Key Job Responsibilities: •    Team Leadership & Oversight: Lead and manage the AML/KYC team to ensure efficient processing of AML/KYC assessments and reviews related to account openings and maintenance, provide subject matter expertise in assessing the risk of complex client structures, beneficial ownership, and other high-risk factors, and meet established deadlines. •    Documentation & Compliance Management: Oversee the tracking and management of pending AML/KYC documentation for investor accounts and fund promoters, ensuring all documentation is provided on time and meets regulatory standards. •    High-Risk Enhanced Due Diligence (EDD): Manage/ support the EDD process for high-risk clients, investors, and counterparties, ensuring all risk factors are appropriately assessed and mitigated. •    PEP, Sanction, and Negative Media Screening: Ensure screening for Politically Exposed Persons (PEPs), sanctions lists, and negative media, and actioning screening results. •    Transaction Monitoring: monitoring financial transactions for suspicious or unusual activity, and investigations into flagged transactions. •    Query Management: Supervise the resolution of AML-related inquiries from clients and investors, ensuring responses are timely, accurate, and in line with compliance requirements. •    Reporting & Analysis: Direct the preparation, review, and maintenance of AML reports, ensuring they are accurate and delivered to clients and investors within the required timeframes. •    Regulatory Compliance: Ensure that team procedures are continuously updated to stay in line with the latest AML/KYC regulations, financial crime prevention policies, and client-specific requirements. •    Audit & Review Support: Lead the preparation and participation in AML reviews and audits, ensuring that all regulatory and client requirements are met and providing support throughout the audit process. •    Process Improvement: Drive initiatives to improve team processes, enhance efficiency, and maintain high standards of compliance and risk management. •    Training: Participate in developing training material and provide training to team members within the department (including new hires). Desired Skills: •    Extensive AML Knowledge: In-depth understanding of AML regulations, laws, and industry best practices, both locally and internationally. •    Management Experience: Proven experience in managing or leading teams within compliance, AML, or a related field, with a focus on process optimization and staff development. •    Regulatory Expertise: Strong familiarity with AML/KYC compliance requirements, financial crime prevention practices, and how they apply to transfer agency operations. •    Collaboration & Leadership: Ability to work cross-functionally with various departments and lead a team effectively, fostering a cooperative and compliance-driven environment. •    Organizational Skills: Highly organized, proactive, with excellent time-management skills and the ability to manage multiple priorities in a fast-paced environment. Additional Skills: •    Exceptional communication skills, with the ability to manage and engage various stakeholders at all levels. •    Strong decision-making capabilities and the ability to drive change within a compliance framework. •    Ability to mentor and guide team members while managing performance and professional development. •    A proactive approach to problem-solving and driving continuous improvement in compliance operations. Experience/Qualification •    Minimum 7+ years of experience in AML regulatory compliance, with a specific focus on AML periodic reviews, enhanced due diligence (EDD), transaction monitoring, and screening. . •    In-depth knowledge of the regulatory landscape affecting the funds sector, including AML/KYC regulations, FATF recommendations, and other relevant global regulations. •    Strong experience with high-risk client identification and management, including PEP, sanction, and negative media screening. Qualifications/ Certifications •    Bachelor's degree in business, law, accounting,  finance or a related field (preferred). •    Certified Anti-Money Laundering Specialist (ACAMS) is highly desirable.