Compliance Team Leader

PRIMARY PURPOSE

The Compliance Team Leadis responsible fordeveloping, implementing, andmaintaininga robust Anti-Money Laundering (AML) and Counter Financing of Terrorism (CFT) compliance framework that ensures full adherence to applicable laws, regulations, and internal policies. This role will lead and mentor the compliance team, oversee risk management and due diligence processes, and act as the primary advisor to senior management and the board on all AML/CFT matters. The position ensures that the companymaintainsthe highest standards of regulatory compliance, effectively mitigating risks related to money laundering, terrorist financing, and financial crime.

RESPONSIBILITIES

• Develop, implement, andmaintainan effective AML/CFT compliance program with clear policies, procedures, and controls to ensure full regulatory compliance.
• Update the AML/CFT framework regularly to reflect new laws, regulations, and emerging risks; conduct compliance risk assessments and implement corrective actions as needed.
• Identifyand assess AML/CFT risks related to customers, products, and geographies, ensuring effective mitigation measures are in place.
• Manage compliance monitoring, testing, and due diligence programs, including enhanced due diligence for PEPs, high-net-worth clients, and complex structures.
• Ensure due diligence practices meet all legal and regulatory standards, minimizing exposure to financial crime.
• Train and guide employees on AML/CFT regulations, internal policies, and compliance best practices.
• Lead, mentor, and supervise the compliance team to ensure effective performance and strong adherence to compliance requirements.
• Prepare MLRO reports and provide updates to senior management and the board on compliance performance, breaches, and corrective actions.
• Liaise with regulators, including the Ministry and law enforcementagencies;manage regulatory communications, inspections, and ensuretimelyandaccuratesubmission of reports and suspicious activity disclosures.
• Advisesenior management on compliance matters, lead investigations into breaches, and oversee implementation of corrective measures.
• Enhance compliance operations through technology, ensuring effective monitoring, reporting, and transaction analysis.
• Takes Health, Safety & Environment (HSE) lead in ensuring safe systems of work and safe conditions are in place withinareaof responsibility.
• Performs other similar or related duties asrequiredor assigned by management.

QUALIFICATIONS & EXPIERENCE

Educational Requirements / Qualifications:

• Bachelor's degree in law,Finance, Banking or other relatedin Business field.

Experience:

• 5+ years of experience in a similar role.

Skills and Competencies:

• Strong knowledge of AML/CFT laws, regulations, and industry best practices.
• Expertisecompliance monitoring, risk assessment, and due diligence processes.
• Proficiencyin compliance software, transaction monitoring tools, and reporting systems.
• Excellent analytical thinking, problem-solving, and attention to detail.
• Leadership, mentoring, and team management abilities.
• Sound judgment, integrity, and ethical decision-making.
• Proactive and adaptable to regulatory changes and emerging compliance risks.
• Effective communication and interpersonal skills to liaise with regulators, law enforcement, and internal stakeholders.
• Ability to design and deliver compliance training programs.

KEY PERFORMANCE

• Effectiveness of Compliance Program:Timely implementation and updates of AML/CFT policies, procedures, and controls.
• Risk Management:Completion of regular risk assessments and resolution ofidentifiedcompliance gaps.
• Regulatory Adherence:Minimal or zero regulatory breaches;timelysubmission of all required reports and disclosures.
• Due Diligence Quality:Accuracy and completeness of customer due diligence and enhanced due diligence processes.
• Monitoring & Reporting:Timely detection and reporting of suspicious transactions; effectiveness of compliance monitoring and testing programs.
• Team Performance:Compliance team's productivity, knowledge, and adherence to procedures; effective training and mentorship.
• Advisory & Communication:Quality and timeliness of compliance guidance to senior management and the board.
• Technology Utilization:Efficient implementation and use of compliance tools to enhance monitoring, reporting, and risk management.