Anti-Money Laundering And Terrorism Financing Unit Manager

Bank of Jordan

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.

Requirements

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.