Anti - Money Laundry & Terrorism Financing- AML Unit Manager
Bank of Jordan · Amman
Bank of Jordan, a leading financial institution in Jordan, is seeking a highly skilled and experienced Anti-Money Laundering & Terrorism Financing (AML/TF) Unit Manager to join our team. As the AML/TF Unit Manager, you will be responsible for leading and managing the bank's AML/TF efforts, ensuring compliance with regulatory requirements and international standards.
Bank of Jordan is committed to upholding the highest standards of integrity, ethical conduct, and regulatory compliance. As the AML/TF Unit Manager, you will play a critical role in preventing money laundering, terrorist financing, and other illicit activities, safeguarding the bank's reputation and financial security.
Responsibilities
- Lead and manage the AML/TF unit within the bank, ensuring effective implementation of AML/TF policies, procedures, and controls.
- Develop and maintain a comprehensive AML/TF program in line with local and international regulatory requirements.
- Stay updated on AML/TF laws, regulations, and best practices to ensure the bank remains compliant.
- Identify and assess the bank's AML/TF risks and implement appropriate risk mitigation measures.
- Oversee the bank's customer due diligence process, including the review and approval of high-risk customer relationships.
- Conduct regular AML/TF training and awareness programs for bank employees.
- Manage and investigate suspicious transactions and potential AML/TF activities, ensuring timely reporting to relevant authorities.
- Collaborate with internal and external stakeholders, including law enforcement agencies and regulatory bodies, on AML/TF matters.
- Prepare and submit AML/TF reports to senior management and regulatory authorities.
- Conduct periodic AML/TF risk assessments and internal audits to ensure compliance and effectiveness of controls.
Requirements
- Bachelor's degree in finance, law, or a related field. Master's degree or professional certifications in AML/TF will be considered an asset.
- Minimum 8 years of experience in AML/TF compliance, preferably within the banking industry.
- Strong knowledge of AML/TF laws, regulations, and best practices.
- Experience in managing and leading an AML/TF unit or team.
- In-depth understanding of customer due diligence, enhanced due diligence, and know-your-customer (KYC) processes.
- Knowledge of AML/TF monitoring systems and software.
- Excellent analytical and investigative skills, with attention to detail.
- Excellent communication and interpersonal skills.
- Ability to work independently and collaboratively with cross-functional teams.
- Strong problem-solving and decision-making abilities.
- Ability to handle sensitive information with confidentiality and discretion.
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