Anti - Money Laundry & Terrorism Financing- AML Unit Manager at Bank of Jordan

Amman, Amman, Jordan -

Full Time

Start Date

Immediate

Expiry Date

09 Mar, 26

Salary

0.0

Posted On

09 Dec, 25

Experience

10 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Anti-Money Laundering, Terrorism Financing, Compliance, Risk Assessment, Customer Due Diligence, KYC Processes, Analytical Skills, Investigative Skills, Communication Skills, Interpersonal Skills, Problem-Solving, Decision-Making, Confidentiality, Regulatory Requirements, AML Monitoring Systems, Training

Industry

Banking

Description

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. Bank of Jordan is committed to upholding the highest standards of integrity, ethical conduct, and regulatory compliance. As the AML/TF Unit Manager, you will play a critical role in preventing money laundering, terrorist financing, and other illicit activities, safeguarding the bank's reputation and financial security. 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. Bachelor's degree in finance, law, or a related field. Master's degree or professional certifications in AML/TF will be considered an asset. 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. Ability to handle sensitive information with confidentiality and discretion.

Responsibilities

Lead and manage the AML/TF unit, ensuring effective implementation of policies and compliance with regulations. Oversee customer due diligence, manage suspicious transactions, and collaborate with stakeholders on AML/TF matters.