Anti-Money Laundering Compliance Officer (AMLCO)
Metamo-dac seeks an experienced AMLCO to manage our anti-money laundering activities. The AMLCO will ensure our full compliance with all relevant legislation, including the Criminal Justice (Money Laundering and Terrorist Financing) Act 2010 and subsequent amendments.
Key Responsibilities:
* AML Policy & Procedures
Develop, implement, and maintain our compliance and AML/CTF policies and procedures in accordance with applicable legislation and industry best practices. Ensure regular review and updates to reflect changes in laws and regulations.
* Suspicious Transaction Reporting
Oversee the identification, assessment, and reporting of suspicious transactions (STRs) to regulatory authorities. Ensure proper documentation and record-keeping of STRs.
* Customer Due Diligence (CDD)
Ensure we meet our obligations regarding Customer Due Diligence (CDD) and Enhanced Due Diligence (EDD) requirements. Conduct ongoing monitoring of member transactions to identify potential risks.
* Regulatory Reporting
Prepare and submit all required reports to regulatory authorities in a timely and accurate manner. Ensure all internal reporting processes are aligned with regulatory requirements.
* Training & Awareness
Delve AML and compliance training to all staff, directors, and volunteers to ensure awareness of their obligations under AML/CTF legislation. Keep training records updated and conduct regular refresher sessions.
* Internal Compliance Monitoring
Regularly review and monitor our transactions, systems, and processes to ensure compliance with AML/CTF policies. Implement regular internal audits and gap analyses to identify and address potential areas of improvement.
* External Relationships
Serve as the primary point of contact with external bodies such as regulatory authorities. Respond to inquiries and requests from these authorities as required.
* Compliance Culture
Promote, embed, and enhance best practices by fostering, encouraging, and cultivating a strong compliance culture within our organization.
* Compliance Support
Facilitate compliance with applicable regulations by ensuring policies, processes, and member documentation are regularly reviewed and updated.
* Risk Assessment
Support ongoing risk assessments related to money laundering and terrorist financing. Ensure that these assessments are up to date and reflective of our risk profile.
* Record Keeping
Maintain accurate records of all AML-related activities, including suspicious transaction reports, training records, and policy updates, in accordance with regulatory requirements.