Assisting with the development, implementation, and maintenance of an anti money laundering program within their institution.
Ensuring compliance with current AML regulations, and other relevant legislation (e.g the USA Patriot Act).
Developing and maintaining a risk assessment framework for products and services, clients and customers, and other issues relating to money laundering.
Keeping and maintaining records of high risk customers, and reporting suspicious activities to the authorities.
Arranging and implementing inspections and audits from third-party organizations, and making compliance recommendations based on their findings.
Briefing and reporting to senior management on matters relating to internal AML compliance policies and procedures.
Overseeing and implementing an ongoing AML training program for other employees.
