Job Title: Director of Anti-Money Laundering (AML)
Location: London, United Kingdom
Job Type: Full-Time
Salary: Competitive, based on experience
About Us
Our client is a leading environmental organization committed to creating sustainable solutions for the future. They work across various sectors to drive positive environmental impact through innovative projects and partnerships. As they continue to expand, they are seeking a dedicated and experienced Director of Anti-Money Laundering (AML) to join their team in London.
Job Overview
The Director of Anti-Money Laundering (AML) will be responsible for developing, implementing, and managing the organization's AML policies and procedures. This role is crucial in ensuring that the company complies with all relevant regulatory requirements and mitigates the risks associated with money laundering and financial crime. The ideal candidate will have a strong background in financial compliance, a deep understanding of AML regulations, and a passion for supporting environmental causes.
Key Responsibilities
- Strategic Leadership:
- Develop and lead the company's AML strategy, aligning it with the broader organizational goals and regulatory requirements.
- Provide expert advice and guidance to the senior management team on AML issues, risks, and regulatory changes.
- Policy Development and Implementation:
- Design and implement AML policies, procedures, and controls across all business operations.
- Ensure the organization’s AML framework is robust, effective, and up-to-date with current regulations.
- Compliance and Monitoring:
- Oversee the AML compliance program, including the regular review and updating of policies, procedures, and risk assessments.
- Monitor and analyze transactions to detect suspicious activity and potential money laundering risks.
- Training and Awareness:
- Develop and deliver comprehensive AML training programs for employees across all levels.
- Promote a culture of compliance and ethical behavior within the organization.
- Risk Management:
- Conduct risk assessments to identify potential AML risks and implement strategies to mitigate these risks.
- Collaborate with other departments to ensure AML risks are considered in all business decisions.
- Reporting and Investigation:
- Oversee the investigation of any suspicious activities and ensure timely reporting to relevant authorities.
- Prepare regular reports for senior management and regulators on AML compliance and activities.
- Regulatory Liaison:
- Act as the primary point of contact for regulators and other external stakeholders on AML-related matters.
- Stay informed on regulatory developments and ensure the organization’s compliance with local and international AML laws.
Qualifications and Experience
- Bachelor’s degree in Finance, Law, Business, or a related field. A Master’s degree or professional certifications (e.g., CAMS, ICA Diploma in AML) is highly desirable.
- Minimum of 8-10 years of experience in AML compliance, with at least 5 years in a leadership role.
- Extensive knowledge of UK and international AML regulations and best practices.
- Experience in developing and implementing AML policies and procedures.
- Strong analytical and problem-solving skills, with the ability to identify and assess risks effectively.
- Excellent communication and leadership skills, with the ability to influence and collaborate with stakeholders at all levels.
- Passion for environmental issues and alignment with the company’s mission and values.
Competitive Salary and Benefits
Exec Capital are leaders in CMLO roles.
