AML Audit Manager
Job summary
The AML audit manager is responsible for leading anti-money laundering (AML), counter-terrorist financing (CTF), and targeted financial sanctions (TFS) audit engagements. The role involves planning, supervising, and delivering risk-based internal audits to assess the effectiveness of governance, risk management, and internal controls in line with applicable regulatory requirements and international auditing standards.
The position requires strong leadership, extensive regulatory knowledge, and the ability to manage multiple audit engagements while providing strategic recommendations to strengthen the AML compliance framework.
Key responsibilities
Audit planning & management
Lead the planning, execution, and reporting of AML and compliance audit engagements.
Develop comprehensive risk-based audit plans and audit programs.
Ensure audit engagements are completed within agreed timelines and quality standards.
Review and approve audit workpapers and supporting documentation.
Ensure compliance with internal audit standards and audit methodology.
AML & regulatory compliance audits
Lead and oversee audits covering:
AML/CTF framework
Business risk assessment (BRA)
Targeted financial sanctions (TFS)
Customer due diligence (CDD)
Enhanced due diligence (EDD)
Know your customer (KYC)
Transaction monitoring
Sanctions and name screening
Suspicious transaction reporting
AML governance
AML policies and procedures
Regulatory reporting obligations
Compliance with applicable AML, CTF, and sanctions regulations
Risk assessment
Evaluate the effectiveness of enterprise AML risk assessment
Customer, product, service, geographic, and delivery channel risk assessments
Risk identification and mitigation processes
Control design and operating effectiveness
Residual risk assessment methodology
Audit reporting
Review audit findings and ensure observations are supported by sufficient evidence
Assess root causes and recommend practical corrective actions
Prepare executive-level audit reports
Present audit results to senior management
Monitor remediation plans and validate implementation
Leadership & stakeholder management
Lead and mentor audit team members
Allocate audit resources and monitor engagement progress
Provide technical guidance and coaching
Build effective relationships with business and control functions
Support continuous improvement of audit methodologies and practices
Requirements
Qualifications
Bachelor's degree in accounting, finance, business administration, risk management, or a related discipline
Master's degree is preferred
Professional certifications (preferred)
Certified internal auditor (CIA)
Certified anti-money laundering specialist (CAMS)
Certified fraud examiner (CFE)
CPA or ACCA
ICA diploma or advanced certificate in AML
Other relevant audit or compliance certifications
Experience requirements
Minimum 15 years of professional experience in internal audit, AML, compliance, risk management, or regulatory audit
Extensive experience leading AML audit engagements
Strong knowledge of AML/CTF regulations, sanctions, and risk assessment frameworks
Experience managing audit teams and stakeholder relationships
Technical skills
AML/CTF framework
Business risk assessment
Targeted financial sanctions
Internal audit methodology
Risk-based auditing
Governance, risk & compliance (GRC)
Data analytics
Microsoft Office suite
Competencies
Leadership
Strategic thinking
Decision making
Stakeholder management
Report writing
Project management
Coaching and mentoring
Analytical and problem-solving skills