AML/TF Unit Manager

About the role

Bank of Jordan, a leading financial institution in Jordan, is seeking a highly skilled and experienced Anti-Money Laundering & Terrorism Financing (AML/TF) Unit Manager to join our team. As the AML/TF Unit Manager, you will be responsible for leading and managing the bank's AML/TF efforts, ensuring compliance with regulatory requirements and international standards.

Key responsibilities

• Lead and manage the AML/TF unit within the bank, ensuring effective implementation of AML/TF policies, procedures, and controls.
• Develop and maintain a comprehensive AML/TF program in line with local and international regulatory requirements.
• Stay updated on AML/TF laws, regulations, and best practices to ensure the bank remains compliant.
• Identify and assess the bank's AML/TF risks and implement appropriate risk mitigation measures.
• Oversee the bank's customer due diligence process, including the review and approval of high-risk customer relationships.
• Conduct regular AML/TF training and awareness programs for bank employees.
• Manage and investigate suspicious transactions and potential AML/TF activities, ensuring timely reporting to relevant authorities.
• Collaborate with internal and external stakeholders, including law enforcement agencies and regulatory bodies, on AML/TF matters.
• Prepare and submit AML/TF reports to senior management and regulatory authorities.
• Conduct periodic AML/TF risk assessments and internal audits to ensure compliance and effectiveness of controls.

Required profile

• Bachelor's degree in finance, law, or a related field.
• Minimum 8 years of experience in AML/TF compliance, preferably within the banking industry.
• Strong knowledge of AML/TF laws, regulations, and best practices.
• Experience in managing and leading an AML/TF unit or team.
• In-depth understanding of customer due diligence, enhanced due diligence, and know-your-customer (KYC) processes.
• Knowledge of AML/TF monitoring systems and software.
• Excellent analytical and investigative skills, with attention to detail.
• Excellent communication and interpersonal skills.
• Ability to work independently and collaboratively with cross-functional teams.
• Strong problem-solving and decision-making abilities.