The job holder shall execute compliance, AFC and risk management duties aligned to strategy, ensuring AML/CFT compliance through effective controls and also acting as deputy to the MLRO. The Senior Manager shall conduct compliance reviews and maintain policies, provide regulatory advisory, drive AFC awareness as well as ensuring efficient delivery of divisional services.
Key ResponsibilitiesThe job holder will be responsible for:
Delivering and monitoring a broad array of AML/CFT support services and regulatory compliance services to clients
Managing customer due diligence processes, ongoing monitoring and risk assessments in line with Company policies, procedures and regulatory requirements
Providing expert guidance on due diligence and onboarding requirements to ensure compliance and consistency
Performing transaction monitoring and analysis of potentially suspicious transactions and unusual customer activity using appropriate tools and techniques
Conducting searches and assisting with investigations as directed by the Lead of the section
Supporting in the identification, assessment and mitigation of operational and compliance risks across the Company’s activities
Implementing improvements of internal controls and embedding an appropriate risk culture strategy
Assisting with preparation of training and creation of AFC, compliance and risk awareness programmes
Managing end-to-end compliance oversight reviews, preparing reports and gap analysis and escalating findings to management
Maintaining an up-to-date strong understanding of AML/CFT requirements, internal policies, industry best practices, criminal typologies and emerging financial crime trends
Carrying regulatory horizon scanning and assisting with the monitoring and implementation of regulatory changes impacting the department and its clients
Providing expert advice and support to other divisions to ensure adherence with applicable laws, rules and regulations on matters related to money laundering (ML), anti-financial crime (AFC), policies and procedures
Contributing to the development and maintenance of the departments' controls, policies and procedures and the identification of gaps or breaches
Managing in the preparation of reports, internal documentation and other administrative duties, as required
In addition to the specific functions, management may assign more duties as required for the job from time to time. Attitude
Ability to prioritise shifting workloads in a rapidly changing industry
Enthusiastic individual with a strong ambition to combat money laundering and maintaining compliance
Highly motivated individual
Required Criteria
Previous proven work experience of six (6) years in a Compliance, Risk Management, Anti-Financial crime, Fund Administration, regulated environment or related area, two (2) years of which managing a team, project or initiative AND an MQF Level 6 Bachelor's Degree in Banking, Fund Administration, Financial Services, Financial Crime, Law or related field, or ICA/ACAMS or equivalent Anti-Financial Crime qualification.
OR
Previous proven work experience of eight (8) years in a Compliance, Risk Management, Anti-Financial crime, Fund Administration, regulated environment or related area, two (2) years of which managing a team, project or initiative.
OR
Previous proven work experience of three (3) years in a Compliance, Risk Management, Anti-Financial crime, Fund Administration, regulated environment or related area, two (2) years of which managing a team, project or initiative AND an MQF Level 7 Master's Degree in Banking, Fund Administration, Financial Services, Financial Crime, Law or related field.
Candidates with lesser Years of Experience may be considered should they hold a higher, full and related Postgraduate Degree
In our process of shortlisting candidates for the vacancy, please note that preference may be given to candidates whose profiles best align with the duties and responsibilities of the role.
Applicants are required to satisfy the Bank’s minimum eligibility criteria of four (4) O’Levels at Grade 5/C or higher, including English Language, in addition to any role‑specific requirements outlined above. This requirement shall not apply where applicants are already in possession of an MQF Level 6 Degree or higher.
Here’s what’s in it for you:
Bank Holidays and additional vacation leave days over and above the statutory entitlement
Free basic health insurance
Relocation assistance and packages for expats joining the bank
Accredited training programs from our BOV Learning Academy
Study leave when employees decide to further their studies on part time basis
Staff home loan rates for your dream home and other credit facilities at reduced interest rates
Voluntary Occupation Pension Scheme (VOPS)
Guarantee of working with an Equal Opportunities Employer as certified by the NCPE
A budget dedicated to your children’s summer school costs.