Lead Manager - Anti Money Laundering Compliance
AICPA
United Kingdom
Published 1 week ago
Financial Crime and Compliance
Full time
Job Description
About the Role:
CIMA is supervisor for anti-money laundering and counter-terrorist financing (AML/CTF) under United Kingdom (UK) and Republic of Ireland (RoI) legislation. In that role CIMA must ensure that its members, who are bound by the legislation, are supervised and compliant with their obligations.
You will be an important team member in upholding CIMA's AML/CTF supervisory standards, predominantly by conducting on and offsite compliance reviews of regulated members. You will report to the Associate Director Professional Standards. You will be home-based (remote) in the UK, with regular travel throughout the UK and Republic of Ireland.
You Will:
You Have:
We provide flexibility to help you achieve a good work-life balance. You'll be part of a global, diverse team who foster an environment of inclusion and belonging where you are valued for who you are and where you come from.
We offer benefit options in and out of the workplace, including healthcare, pension plan, annual leave, parental leave, an employee assistance program. We care about our employees' welfare and focus our benefits package on the benefits which support your wellbeing. We also recognise that everyone has different priorities, so in addition to our core benefits to support your health we offer flexible options for you to choose benefits that are right for you, your family and your lifestyle.
We believe in non-stop learning and are committed to investing in learning opportunities that help you reach your full potential and support your continued developlement
About Us:
At The Association, a Great Place to Work-Certified company, we are transforming the accounting and finance profession. We are future-focused, empowering the world's most accomplished accountants to stay relevant, meet today's demands, and prepare for tomorrow's challenges through quality education, resources, and training.
Learn more about The Association on LinkedIn and our Career Site .
#LI-Remote #GreatPlacetoWork #LI-VP1
We are committed to equal employment opportunity regardless of race, colour, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability, gender, gender identity or expression, or veteran status. We are proud to be an equal opportunity workplace.
About the Role:
CIMA is supervisor for anti-money laundering and counter-terrorist financing (AML/CTF) under United Kingdom (UK) and Republic of Ireland (RoI) legislation. In that role CIMA must ensure that its members, who are bound by the legislation, are supervised and compliant with their obligations.
You will be an important team member in upholding CIMA's AML/CTF supervisory standards, predominantly by conducting on and offsite compliance reviews of regulated members. You will report to the Associate Director Professional Standards. You will be home-based (remote) in the UK, with regular travel throughout the UK and Republic of Ireland.
You Will:
- Use your working knowledge of the UK's Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017, build risk profiles of supervised members/firms to determine the frequency and intensity of AML/CTF compliance reviews. Maintain up-to-date risk profiles of regulated members/firms on CIMA's CRM system.
- Manage onsite compliance visits, from the identification of the member/firm through to the issuing of the final compliance grading and closing of the review.
- As part of onsite reviews conduct pre-visit analysis of the member/firm to establish understanding of risk, ensuring all pre-visit documentation has been completed. During the review assess the adequacy of the firms AML/CTF risk assessments, policies, controls and procedures.
- Upon completion of the onsite review complete a formal report detailing the compliance / regulatory outcomes. Provide any remedial actions to the member/firm, partnering with them to ensure such actions are completed.
- Conduct remote desk-based reviews that contain all aspects of an onsite visit and achieve the same regulatory outcome.
- Ensure that the requirements of the UK's AML regulator, the Office of Professional Body Anti-Money Laundering Supervision (OPBAS) are met in all areas.
- Support ongoing improvements to CIMA's AML/CTF framework, and for onward reporting OPBAS, HM Treasury and the Department of Justice (RoI), provide quantitative and qualitative analysis in your management reports of compliance review outcomes.
- Provide regulatory guidance to members/firms during reviews on AML/CTF red flags, money laundering threats, financial sanctions compliance and the onward reporting of any suspicion to law enforcement.
- Understand and remain aware of current and new AML/CTF risks that affect the accountancy sector and in particular CIMA regulated members/firms.
- Contribute to guidance, articles and outreach to members on AML/CTF matters.
You Have:
- Bachelor's degree
- 5 years experience in Compliance inclusive of AML specific roles/activity
- A professional AML/CTF or related qualification
- Knowledge of and experience working within the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 and the Proceeds of Crime Act 2002.
- Full clean driving licence
- Ability to travel across the UK and Ireland, with some overnight stays.
We provide flexibility to help you achieve a good work-life balance. You'll be part of a global, diverse team who foster an environment of inclusion and belonging where you are valued for who you are and where you come from.
We offer benefit options in and out of the workplace, including healthcare, pension plan, annual leave, parental leave, an employee assistance program. We care about our employees' welfare and focus our benefits package on the benefits which support your wellbeing. We also recognise that everyone has different priorities, so in addition to our core benefits to support your health we offer flexible options for you to choose benefits that are right for you, your family and your lifestyle.
We believe in non-stop learning and are committed to investing in learning opportunities that help you reach your full potential and support your continued developlement
About Us:
At The Association, a Great Place to Work-Certified company, we are transforming the accounting and finance profession. We are future-focused, empowering the world's most accomplished accountants to stay relevant, meet today's demands, and prepare for tomorrow's challenges through quality education, resources, and training.
Learn more about The Association on LinkedIn and our Career Site .
#LI-Remote #GreatPlacetoWork #LI-VP1
We are committed to equal employment opportunity regardless of race, colour, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability, gender, gender identity or expression, or veteran status. We are proud to be an equal opportunity workplace.