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.
Skills Required
- Minimum 7+ years of experience in AML regulatory compliance, including periodic reviews, enhanced due diligence, transaction monitoring, and screening.
- In-depth knowledge of AML/KYC regulations, FATF recommendations, financial crime prevention practices, and global regulations affecting the funds sector.
- Strong experience identifying and managing high-risk clients, including PEP, sanctions, and negative media screening.
- Experience managing or leading teams within compliance, AML, or a related field.
- Bachelor's degree in business, law, accounting, finance, or a related field.
- Certified Anti-Money Laundering Specialist certification.
What We Do
Grant Thornton Gibraltar is a leading professional services firm established in 1995. It serves private individuals and public companies listed on international stock exchanges, with experienced teams supporting local and international clients. Its offerings include audit and assurance, business services, payroll, advisory, tax, accounting, and financial services. The firm also helps organizations grow and develop by addressing their accountancy and business needs.
