AML Manager Job Description
AML Manager Duties & Responsibilities
To write an effective AML manager job description, begin by listing detailed duties, responsibilities and expectations. We have included AML manager job description templates that you can modify and use.
Sample responsibilities for this position include:
AML Manager Qualifications
Qualifications for a job description may include education, certification, and experience.
Licensing or Certifications for AML Manager
List any licenses or certifications required by the position: CAMS, ACAMS, AML, PMP, CFE, CPA, CISA, PM, PMI, CFCS
Education for AML Manager
Typically a job would require a certain level of education.
Employers hiring for the AML manager job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and University Degree in Business, Finance, Education, Management, Accounting, Law, Computer Science, Economics, Business/Administration, Engineering
Skills for AML Manager
Desired skills for AML manager include:
Desired experience for AML manager includes:
AML Manager Examples
AML Manager Job Description
- Participate in the development of production and quality goals ensure the team meets them within their function
- Ensure data was accurately collected and documented (e.g., transaction file, due diligence)
- Maintain issue-tracking databases, including documenting and reporting the status of issues, root causes, and associated corrective actions
- Develop and centralize Look-Back protocols, job aids, and ad/hoc documentation
- Conduct gap analyses of documents (i.e., protocols, testing) to ensure alignment with firm-wide standards
- Serves as a subject matter expert (SME) for the department on a variety of projects related to new products and services
- Manage a team of analysts and oversee their work to ensure it is of the highest quality standards
- Schedule, allocate and review work of team members for accuracy and completeness
- Recruit, train, motivate and develop staff to ensure a fully functioning team capable of meeting the department's objectives, including leading the performance management process
- Ensure familiarity with industry best practices around support of anti-money laundering and regulatory reporting processes
- Strong verbal and written communication and presentation skills, with the ability to influence others and build consensus when faced with difficult issues
- 3+ years of experience in project management role with increasing responsibility in scope
- Demonstrated understanding of financial industry, AML, and/or Compliance
- Ability to archive and remember project details to help with Audit inquiries significantly after milestone has been completed
- Experience in Risk/Compliance project management role
- Tracking and ensuring implementation of lessons learned on a firmwide basis is also required
AML Manager Job Description
- Support the International Compliance team (including Senior Analysts, Supervisors, Managers and Directors) in the creation, maintenance and delivery of a risk-based compliance monitoring & testing program
- Assist with various aspects of managing regulatory reviews, and compliance-related audits
- Assist the International Compliance team with the production of monthly management information reports
- Provide ad-hoc support to the International Compliance team and other relevant teams as needed
- Perform all standard project management functions including financial planning and control, task decomposition and execution, proactive risk and issue management, project health checks, verbal and written communication to Function (Risk) and IT, vendor management and team leading
- Regularly report progress of project status, milestones, achievements and budgetary standing in both formal
- In conjunction with business partners, develop project business cases
- Defines team’s deliverables, content and quality metrics
- Contribute to the risk assessment of clients and, for clients designated under the Risk Based Approach as “High Risk”, escalate all H1 clients, as appropriate, to the MLRO for review and approval
- Research and analyze background of new and existing clients
- TQM/Six Sigma/PMI certifications a strong plus
- Understanding of the regulatory environment that defines and drives the sanctions / AML charter within the financial industry
- Proven track record leading a team
- Ability to gauge business drivers, and affect the appropriate outcome where business/profit drivers stand in conflict with regulatory/policy requirements
- Familiarity with payments / AML screening organizations, regulatory entities, industry bodies, with current and future evolutions in the payments / AML screening landscape - internationally
- Manage the financial crime communication strategy by preparing articles and managing updates to the AML intranet site
AML Manager Job Description
- Provide the SAM/Director with critical input to Chief Auditor / Assistant Chief Auditor on the practical aspects of the audit and its execution
- Global Change Delivery
- MLRO/BSA Officer Function
- CRAO Function
- FCC Regional & Country Compliance Functions
- FCC Compliance Operations on-shore and off-shore
- HTS
- Work effectively with functional reports, Head of FCC & MLRO/BSA Officer
- Establish employee performance objectives and criteria within Senor Manager function
- Transform complex analytical models into scalable, big data solutions and deploy on AWS
- Demonstrable organizational skills, including task definition and management, and note-taking
- Experience supporting the tracking, and ensuring implementation of, lessons learned on a program-wide basis
- Demonstrated ability to take the initiative while building partnerships
- Ability to archive and retrieve project details to help with Audit inquiries significantly after milestone has been completed
- 5-7 years of banking experience with a minimum of 3 years of experience in data and systems analysis preferably AML and sanctions systems
- Strong experience in Systems effectiveness analysis, statistical analysis, BSA program management or bank operations experience
AML Manager Job Description
- Maintain a strategic vision for what, when and how your teams will create next generation data capabilities to make the Product Owner's dreams a reality
- Help grow and mentor team members on the fine art of data engineering and data store evaluation
- Build out and maintain the Global Policy Exception Process
- Participate in internal projects in order to proactively gain insight to upcoming changes that might impact/influence key compliance metrics or process performance and provide subject matter expertise
- Ensure all paper and electronic files are maintained appropriately
- Developing a strong working relationship with internal testing and remediation teams
- Building effective working relationships with key stakeholders, including auditors, senior and executive management
- Overseeing the implementation of data governance
- Performing ad hoc analysis/reporting and participating in regulatory initiatives or special projects as assigned by senior management
- Partner with the sales organisation to help define the customer solution and the customer’s measures of success
- Strong change control management skills
- Exceptional research and analytical skills with the ability to analyze large amounts of data, decipher higher risk attributes (transactional, geographical, product, customer type)
- Experience defining, tracking and reporting metrics and Key Performance Indicators
- Knowledge of MS SharePoint, MS Access, MS Project, MS Visio
- AML-specific knowledge and experience is an asset
- Knowledge executing projects encompassing new Fraud/AML scenarios is an asset
AML Manager Job Description
- Responsible for developing the evidence and analysis based data that defines what products the target market of global financial institutions and large corporations will pay for
- Managing the Launch of new products and enhancements
- Manage the Product Life Cycle process for your product offerings
- Build the product roadmap
- Review and approve requests for customization to ensure product integrity and consistency with the product plan and strategy
- Determine Pricing Strategies and review and approve non-standard product and pricing proposals
- Where required attend committee meetings in liaison with the Sr
- Execute the ABAC mandate at the direction of the MLRO while supporting the ABAC Officer/MLRO in their roles and, in this context, verify that the ABAC Program meets both global and local standards and requirements
- Review and, where appropriate, revise Business Group training and education material (in conjunction with Head Office initiatives) to ensure it remains current and fit for purpose, contribute to the relevant training to be provided to all business groups and support functions further, as required
- Manage assigned tasks related to drafting case investigations
- Excellent knowledge of UK financial services industry, and related regulatory compliance requirements
- Regulatory compliance, risk management, or audit experience within financial services industry
- Significant relevant experience preferably in a senior role, supporting strategic AML/ Sanctions projects
- Self-starter who can work autonomously and provide an excellent standard of work
- Demonstrates ability to prioritize workload, balance multiple duties and meet deadlines in a consistent manner
- Demonstrates ability to work well with others in a team environment and also operate independently under the direction of senior management