About the role
The Compliance Manager will be responsible for overseeing and strengthening the organization's compliance framework within the financial transactions industry. This role ensures adherence to regulatory obligations, supports Anti-Money Laundering (AML) controls, and provides guidance across business units to maintain full compliance with applicable laws, regulatory standards, and internal policies. The Compliance Manager will also lead compliance monitoring, reporting, training, and regulatory engagement efforts.
Responsibilities
Compliance Oversight & Regulatory Adherence
- Ensure the company complies with all applicable financial services laws, regulations, and industry standards.
- Maintain and continuously improve compliance policies, procedures, and internal controls.
- Interpret regulatory updates and ensure timely implementation across the business.
- Act as a key point of contact for regulatory authorities and support regulatory inspections and audits.
AML & Financial Crime Prevention
- Develop, implement, and manage AML frameworks aligned with regulatory requirements.
- Oversee customer due diligence (CDD), enhanced due diligence (EDD), and ongoing monitoring processes.
- Monitor transaction activity to identify suspicious behavior and ensure timely escalation and reporting.
- Support the filing of Suspicious Activity Reports (SARs) or equivalent regulatory reports.
- Conduct and support periodic AML risk assessments.
Monitoring, Testing & Reporting
- Design and execute compliance monitoring plans to assess the effectiveness of controls.
- Identify compliance risks, gaps, and control weaknesses and recommend corrective actions.
- Prepare compliance reports and dashboards for senior management and governance committees.
- Maintain documentation for audits, regulatory reviews, and internal compliance reporting.
Advisory & Stakeholder Support
- Provide compliance advisory support to business teams on products, services, and operational processes.
- Review new initiatives, partnerships, and transaction structures to ensure regulatory alignment.
- Work closely with Legal, Risk, Operations, and Finance teams to ensure compliance integration.
Training & Awareness
- Develop and deliver compliance and AML training programs for employees.
- Promote a strong compliance culture and ensure staff awareness of obligations and reporting responsibilities.
- Support onboarding compliance training and periodic refresher training.
Required Qualifications & Certifications
- Bachelor's degree in Law, Finance, Business Management, or a related field.
- ICA, ACAMS, or CAME certification (mandatory).
- Strong knowledge of legal requirements, regulatory compliance procedures, and financial crime prevention standards.
- Proven experience in compliance and AML within the financial services or financial transactions industry.
