Compliance Specialist

ACE Money Transfer is UK based company with its headquarters in Manchester, United Kingdom. The company is an online remittance service provider for customers from the UK, Canada, Australia, and the European Union, including Switzerland. The company is a parent company in a group of companies with a diversified portfolio, including digital wallet services in the UK and real estate, advertising businesses, and software solutions in Pakistan.ACE Money Transfer is looking to Hire Compliance Specialist.

Key responsibilities would include:

Support the Unit Head of Compliance and MLRO with a particular focus on the prevention of financial crimes, through the performance of the following tasks:

Provide guidance to business and support areas on Financial Crime issues to ensure adherence to applicable regulations.
Oversee activities related to Anti-Money Laundering (AML) and compliance functions, such as client onboarding, transaction monitoring, sanctions checks, and monitoring of related parties.
Conduct tests concerning regulatory risks as part of the Compliance Monitoring Programme.
Analyse significant Financial Crime regulatory changes affecting ACE and ensure necessary adjustments are implemented.
Assist both internal and external auditors with their inquiries and requests.
Track and address AML regulatory requests diligently.
Conduct regular training to ensure staff possess the required knowledge and expertise to fulfil their related roles.
Prepare and present management information to Senior Management.
Provide advice and assistance on Financial Crime-related aspects of ongoing projects.
Develop and manage comprehensive Business-Wide Financial Crime Risk assessments.
Review, update, and develop compliance policies and underlying operating procedures.
Identify and address all relevant areas of Financial Crime, including fraud, bribery, sanctions, and AML.
Carry out other compliance activities as directed by the Unit Head of Compliance.

Skills and Qualifications:

Proven experience (+5 years) in AML compliance or a related field.
Professional certification such as CAMS (Certified Anti-Money Laundering Specialist) is preferred.
Strong knowledge of AML laws, regulations, and best practices.
Experience with transaction monitoring systems and AML software.
Excellent analytical, investigative, and problem-solving skills.
Strong attention to detail and ability to work independently.
Strong written and verbal communication skills in English
Collaborative mindset with the ability to build relationships and work effectively with multiple counterparts

Skills

Compliance Sanction Fraud Detection AML Transaction Monitoring Compliance Reporting Legal Compliance

Job Details

Industry:

Banking/Financial Services

Functional Area:

Accounts, Finance & Financial Services

Total Positions:

1 Post

Job Shift:

First Shift (Day)

Job Type:

Full Time/Permanent

Job Location:

Kharian, Pakistan

Gender:

No Preference

Minimum Education:

Bachelors

Career Level:

Entry Level

Minimum Experience:

1 Year

Apply Before:

Oct 01, 2024

Posting Date:

Aug 30, 2024

Aftab Currency Exchange Ltd

Banking/Financial Services · 201-300 employees - Kharian

Aftab Currency Exchange Ltd. is a UK incorporated Company that is part of the well-established Aftab group companies and has been operating in the North West of England since 2002. Our head office was the starting point of the UK success story when we commenced business with retail clients and two business associates we now have our London branch in South West London and have over the past 9 years expanded our coverage through the use of agents across the UK and now boosts a network of more than 280 business associates and agents using the Aftab Currency Exchange name which we have worked hard to maintain our credibility and trusts within the Pakistani community.