VP, AML

Job description

Key Responsibilities:

Develop and oversee the AML compliance program, ensuring it meets regulatory requirements and best practices.
Conduct regular risk assessments to identify vulnerabilities and recommend appropriate mitigation strategies.
Lead the development and implementation of AML policies and procedures.
Monitor and analyze transactions for suspicious activity, ensuring timely reporting to relevant authorities.
Provide guidance and support to senior management on AML compliance issues and regulatory changes.
Collaborate with internal teams to conduct training and awareness programs on AML compliance.
Manage audits and examinations related to AML compliance and oversee the implementation of corrective actions.
Stay current with emerging trends and changes in AML regulations globally.

Qualifications:

Bachelor's degree in Finance, Law, Business, or a related field; advanced degree or relevant certifications (e.g., CAMS) preferred.
Minimum of 5 years of experience in AML compliance, with a proven track record of leadership in a financial institution or related industry.
In-depth knowledge of AML regulations and best practices, both locally and internationally.
Strong analytical and decision-making skills, with the ability to navigate complex regulatory environments.
Excellent communication and interpersonal skills, with the ability to influence and engage stakeholders at all levels.
Ability to work in a fast-paced environment and manage multiple priorities effectively.