Role Summary
The AML & CFT Manager is responsible for developing, implementing, and maintaining the company’s Anti-Money Laundering (AML) and Counter-Terrorist Financing (CFT) program. The role ensures compliance with local regulatory requirements and international best practices to protect the company from financial crime risks.
Key Responsibilities
Develop, implement, and regularly update AML & CFT policies and procedures.
Monitor transactions to detect suspicious or unusual activities.
Investigate and report suspicious transactions to the Financial Intelligence Unit (FIU).
Maintain comprehensive AML/CFT documentation and records.
Provide training and guidance to employees on AML & CFT requirements.
Act as the main liaison with regulatory bodies, auditors, and law enforcement agencies.
Lead and manage the AML/CFT compliance team.
Ensure timely submission of required reports to regulatory authorities.
QualificationsBachelor’s degree in Business Administration, Finance, Accounting, Economics, or Law.Professional certification such as CAMS (Certified Anti-Money Laundering Specialist) or ICA Diploma in AML/CFT preferred.Minimum 7–10 years of financial services experience, with at least 3–5 years in AML/CFT.Strong knowledge of AML/CFT laws, regulations, and FATF recommendations.Excellent communication, analytical, and leadership skills.CompetenciesHigh integrity and professional ethics.Strong investigative and problem-solving skills.Ability to work under pressure and handle sensitive information.Effective leadership and team management.