Due Diligence Team Manager
4 weeks ago
Estimated Salary: $75,000 per year
The Job SummaryWe are seeking an experienced Due Diligence Team Manager to join our team, responsible for overseeing the Client Due Diligence (CDD) function and ensuring compliance with Anti-Money Laundering (AML) regulations.
The Key Responsibilities- Lead the CDD team in managing AML risks and ensuring compliance with regulatory requirements.
- Develop and implement AML procedures and processes, identifying efficiencies to effectively manage AML risks.
- Collaborate with the DMLRO/MLRO to manage AML-related escalations and ensure effective risk mitigation strategies.
The ideal candidate will have at least 3 years of experience in Client Onboarding - CDD/AML, preferably in a team management or leadership role. Strong communication and leadership skills, along with knowledge of FCA rules and JMLSG guidelines, are essential.
The ability to provide challenge and engage in constructive discussions is critical, as is excellent presentation skills. In addition, this role contributes to discussions, challenges, and remediations related to client offboarding, including High-Risk clients.
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