AML Testing Manager

AML Testing Manager

ProViso Consulting

Job Description:

Lead and develop team(s) of specialists and is responsible for overseeing, planning and executing independent testing of AML/ATF and Sanction controls in one segment’s businesses and operational units across Client. Provide guidance, leadership, coaching and development to ensure operational results and professional / personal development objectives are achieved for their team.

Key Accountabilities:

• Manage teams of specialists in testing the effectiveness of AML controls by executing AML Testing engagements and validation of action plans in accordance with established policies, standards, regulatory requirements and strategic direction
• Conduct analytical research, analysis, and risk assessment activities as part of testing engagements
• Understand risk identification, risk analysis and risk mitigation according to the regulatory requirements and best business practices
• Develop strong relationships and work collaboratively with key partners in Global AML, and other relevant key stakeholders
• Oversee/lead the ongoing engagement communications and/or the reporting process with the client, senior management and related stakeholders
• Conduct complex compliance reviews, on-site reviews, etc. and assist as required with the development of action plans for any issues, deficiencies or questions that require remediation
• Proactively identify matters which require additional attention, further escalation or review, and liaise with the appropriate staff to resolve
• Report on emerging trends, identifying issues and opportunities and recommending action to senior management
• Contribute to the development of the operational plan and operationalize the plan and deliver on assigned service or functionality
• Monitor and communicate the effectiveness of strategies, programs, and practices related to own area of expertise
• Ensure team adheres to internal policies / procedures, enterprise frameworks and methodologies and applicable regulatory guidelines
• Protect the interests of the organization – identify and manage risks, and escalate nonstandard, high risk transactions / activities as necessary
• Contribute to the review of internal processes and activities and assist in identifying potential opportunities to improve operational efficiencies for their business area
• Provide subject matter expertise and advise on internal processes and activities and assist in identifying potential opportunities to improve operational efficiencies for their business area
• Actively manage relationships and work closely with management to provide guidance, expertise direction on compliance requirements to ensure consistent compliant outcomes
• Keep abreast of emerging issues, trends, and evolving regulatory requirements and assess potential impacts to the Bank
• Maintain a culture of risk management and control, supported by effective processes in alignment with risk appetite
• Responsible for management of the overall team providing both leadership and guidance
• Set targets and objectives for the team, and deliver results
• Grow team expertise to align with business/enterprise demand and direction; assess team skills and capabilities and continually look for ways to provide and enhance the value delivered
• Lead a high performing team; provide on-going feedback and performance reviews, coach and develop employees and ensure performance management activities are undertaken and completed for all employees
• Lead the process of setting performance objectives for the team; track, monitor and effectively address and/or reward performance in a timely manner
• Manage employees in compliance with all human resources policies, procedures and guidelines of conduct
• Share knowledge, information, skills, and subject matter expertise among the team and ensure the timely communication of issues and encourage good working relationships with other functions and teams
• Support an environment where team freely escalates business challenges; facilitate change through positive reinforcement of milestones and successes
• Recruit for all hires to ensure a highly diverse, qualified workforce to achieve business objectives
• Establish and foster a cohesive team; promote a fair and equitable environment that supports a diverse workforce and encourage the team to achieve common goals and objectives • Act as a brand ambassador for your business area/function and the bank, both internally and/or externally
• Provides people management leadership by hiring the best talent, setting goals, developing staff, managing employee performance and compensation decisions, promoting teamwork and handling any/all disciplinary actions, as required
• Lead and manages a team of specialists in executing AML Testing engagements for a Client business segment area
• Typically a subject matter expert for a functional area
• Key contact for business management and dealing with non-routine information
• Focus is on short to mid-term planning (6 -12 months)
• Deep knowledge and understanding of businesses and organizational practices/ disciplines • Set operational team direction and collaborate with others to execute on common goals
• Oversee management of team requiring workforce to decision on acceptable level of risk- Moderate to High risk potential (loss/reputational) for functional area

Must Have:

•10+ yrs exp. in Audit, Compliance &/or Project mgt.
•Exp. as an AML Testing Mgr.
•Exp. in Wealth/Securities business (Testing AML process controls & Wealth & Securities business lines)
•Exp. with Auditing or Process Testing (NOT technology testing)
•Exp. leading/managing a team (ensure they meet objectives; planning & field work & then report up)
• Advanced knowledge of variety of products & services, systems, standards, procedures, laws, rules & regulations
• Knowledge of risk mgt. env., standards, regulations & mitigation
• Knowledge of current & emerging trends
• Skilled in managing budgets & resource allocation
• Skilled in mentoring, coaching & performance mgt.
• Skilled in using analytical software tools, data analysis methods & reporting techniques
• Able to travel internationally

Additional Skills:

• Skill in using computer applications including MS Office
• Ability to lead, plan, implement and evaluate program/project activities to ensure completion
• Ability to communicate effectively in both oral and written form
• Ability to work collaboratively and build relationships across teams and functions
• Ability to work successfully as a member of a team and independently
• Ability to exercise sound judgement in making decisions
• Ability to analyze, organize and prioritize work while meeting multiple deadlines
• Ability to handle confidential information with discretion
• Ability to establish goals and objectives that support the strategic plan
• Ability to contribute to strategic direction of the function and provide advice to senior leadership

Job Details



11 months



Latest Blogs

© 2019 ProViso Consulting - Toronto Recruitment and Staffing Agency

Send this to a friend