Head of AML, CTF

This is a fully remote position, open to applicants in Ireland.

📋 Description

• Lead and uphold the firm’s AML/CFT compliance framework in accordance with relevant legal, regulatory, and internal policy obligations.

• Serve as the senior accountable officer for governance, oversight, and escalation related to AML/CFT compliance.

• Create, implement, and periodically assess AML/CFT policies, standards, procedures, and controls.

• Supervise the firm’s comprehensive AML/CFT risk assessment, ensuring that risks are identified, evaluated, mitigated, and reported effectively.

• Design, implement, and manage policies, procedures, and controls for compliance with AMLR (Regulation (EU) 2024/1624).

• Collaborate with the business to expedite the launch of products and services.

• Drive operational efficiencies with an automated mindset.

• Ensure that strong controls are established for customer due diligence, enhanced due diligence, ongoing monitoring, screening, transaction monitoring, and escalation of suspicious activities.

• Oversee the firm’s processes for suspicious transaction/reporting, including internal escalation, external reporting, and the maintenance of appropriate records.

• Provide oversight of sanctions compliance controls, including governance for screening, escalation processes, and regulatory developments when applicable.

• Counsel senior management and the board on AML/CFT issues, emerging risks, regulatory expectations, and enhancements to controls.

• Prepare and present regular AML/CFT management information, reports, and risk updates to relevant governance forums, senior management, and the board.

• Act as the primary point of contact for the Central Bank of Ireland and other relevant authorities regarding AML/CFT issues.

• Ensure that regulatory findings, audit findings, compliance reviews, and internal control deficiencies are addressed promptly and effectively.

• Oversee AML/CFT training and awareness initiatives to ensure staff comprehend their responsibilities and relevant risk indicators.

• Collaborate closely with Compliance, Legal, Risk, Operations, Product, Customer Engagement, and technology teams to integrate AML/CFT requirements into business processes, systems, and change initiatives.

• Support assessments of new products, jurisdictions, customer segments, and outsourcing to ensure that AML/CFT risks are duly considered before launch or implementation.

• Maintain suitable oversight of third parties and outsourced service providers conducting AML/CFT-related activities on behalf of the firm.

• Foster a robust culture of financial crime compliance, accountability, and ethical conduct throughout the organization.

⛳️ Requirements

• Experience in crypto, fintech, or another regulated, fast-paced industry characterized by a high volume of transactions.

• Extensive background in AML/CFT, financial crime compliance, or regulatory compliance within a regulated financial services organization.

• Previous experience as a PCF-52 with a VASP or financial services firm.

• In-depth knowledge of Irish and EU AML/CFT legislation, regulatory expectations, and applicable guidance.

• Experience in designing, implementing, and overseeing AML/CFT compliance frameworks within complex or high-growth environments utilizing technology.

• Proven experience in engaging with regulators, senior management, boards, audit, and second- and third-line oversight functions.

• Strong understanding of AML/CFT risk assessment, CDD/EDD, transaction monitoring, screening, suspicious activity reporting, and governance.

• Experience managing compliance issues related to new products, technology, outsourcing, and cross-border operations.

• Strong judgment, independence, and the ability to effectively challenge at senior levels.

• Must meet Fitness & Probity standards, including competence, capability, honesty, integrity, and financial soundness.

• Proficiency in risk-based decision-making.

• Ability to collaborate across functions.

🏝️ Benefits

• Building the Future of Open Finance.

• Paid time off.

• Flexible working arrangements.

• Professional development opportunities.