Anti-Money Laundering & Compliance Expert

We are seeking an experienced Anti-Money Laundering (AML) & Compliance Expert to join our partner company's team in Iraq.

Job Description:

As an Anti-Money Laundering & Compliance Expert, you will play a critical role in ensuring that our organization adheres to all applicable laws and regulations related to financial crime prevention and compliance. The successful candidate will have extensive experience in developing, implementing, and managing AML and compliance programs.

Responsibilities:

1. AML Program Management:

   
   
   • Design, implement, and manage the company's AML program in accordance with relevant regulations and industry best practices.
   • Conduct risk assessments and implement risk-based AML controls.

2. Compliance Monitoring:

   
   
   • Monitor and analyze transactions to identify and report suspicious activities.
   • Develop and maintain systems for ongoing compliance monitoring and reporting.

3. Regulatory Compliance:

   
   
   • Stay abreast of changes in AML laws and regulations and ensure the organization's policies and procedures are updated accordingly.
   • Interact with regulatory bodies and respond to inquiries or examinations.

4. Training and Awareness:

   
   
   • Develop and deliver AML and compliance training programs for employees at all levels.
   • Foster a culture of compliance and ethical behavior within the organization.

5. Investigations and Reporting:

   
   
   • Conduct internal investigations related to potential AML violations.
   • Prepare and submit timely and accurate reports to regulatory authorities.

6. Collaboration:

   
   
   • Collaborate with cross-functional teams, including legal, risk management, and operations, to ensure comprehensive compliance.

Qualifications:

1. Bachelor's degree in a relevant field; advanced degree or professional certification (e.g., CAMS, CRCM) is a plus.
2. 6-9 years of progressive experience in AML and compliance roles.
3. Strong knowledge of AML laws, regulations, and industry best practices.
4. Proven experience in developing and implementing AML programs and policies.
5. Excellent analytical, communication, and problem-solving skills.
6. Ability to work independently and collaboratively in a fast-paced environment.
7. Detail-oriented with a commitment to accuracy and high ethical standards.