Our Senior Global AML Compliance Officer can implement Global Anti-Money Laundering and Anti-Terrorist Financing Program (AML/ATF) to ensure that your money service business remains complaint with AML/ATF regulatory expectations in all jurisdictions where you operate. This includes:
Setting consistent standards across business segments and conducting annual enterprise-wide AML risk assessments
Maintaining the Global AML Policy (including Know Your Customer and Enhanced Due Diligence, record keeping & retention requirements);
Currency transaction and suspicious transaction monitoring and reporting, screening customers against regulatory watch lists
Enterprise-wide and specialized AML training of employees
Conducting business unit testing reviews and analysis, providing advice and support to business partners/teams on testing outcomes and recommendations
Assessing risks covering Business Unit testing and recommending policy and/or action based on internal and external industry developments for AML testing programs
Maintaining strong knowledge of your business units and regulatory requirement/compliance issues within AML
Acting as a compliance contact for internal and external audits and between businesses and the regulatory authorities that govern them
Providing guidance to your business in developing proactive strategies, tactics, policies and procedures to effectively manage regulatory/compliance issues
Assisting in complex compliance reviews, on-site reviews, etc. and assisting with the development/implementation of action plans for any issues, deficiencies or questions that require remediation.