Advise senior management on current AML standards, policies, issues, risk management, and legislation.
Develop and implement firm-wide risk based analysis of client base.
Enhance AML governance and reporting both internally and externally.
Develop appropriate internal transaction monitoring systems, including escalation procedures for high-risk issues.
Creating AML frameworks for integration with local and global AML programs.
Enhancing AML Programs to further a culture of compliance.
Negotiate with regulatory bodies in connections with AML investigations.
Completing AML requirements for Cease and Desist Orders.
Design and implement AML compliance training for both retail and wholesale businesses.
Ensure training and awareness programs are presented to appropriate employees (based on risk) on all requirements of AML laws and regulations.
Initiate and supervise internal investigations.
Create a robust analysis of suspicious activity to enable clients to be proactive in the detection of suspects related to terrorism and money laundering.
Coordinate the investigation, resolution and reporting of suspicious transaction activity. Develop firm-wide SAR compliance policies.
Develop appropriate remediation practices.