AML Supervision Officer
AML Supervision Officer
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Job Description
About the Role:
CIMA is the supervisor for anti-money laundering and counter-terrorist financing (AML/CTF) under United Kingdom (UK) and Republic of Ireland (RoI) that role CIMA must ensure that its members who are bound by the legislation are supervised and compliant with their obligations.
The AML Supervision Officer supports CIMA in the delivery of its AML/CTF supervisory framework. Reporting to CIMAs Regulatory Compliance Manager you will ensure that CIMA members and firms are supervised for AML compliance and that they have the required processes in place.
You Will:
Manage the application and renewal process to allow CIMA to supervise firms for AML compliance and that all CIMA and external regulatory requirements are met.
Use a working knowledge of the UKs Money Laundering Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 to advise members on CIMAs firm supervision processes and ensure that associated CIMA member guidance is accurate and up to date.
Manage the annual renewal process for AML supervision of member firms ensuring all important regulatory documentation has been provided. Ensure timely renewal through targeted communications.
Advise members on CIMA fees for supervising their firm managing the process for payment of fees for both application and annual renewal.
Ensure that the requirements of the UKs AML regulator the Office of Professional Body Anti-Money Laundering Supervision (OPBAS) are met in all areas of work.
Following current AML/CTF legislation ensure that no member is awarded a Practising Certificate or a firm is granted AML supervision until they have satisfied the required checks.
Support the Associate Manager AML in the delivery of CIMAs AML/CTF communications plan. Using a variety of channels provide supervised members and firms with clear guidance on identifying and mitigating risk and current and latest threats and monitor impact.
Maintain accurate records of CIMAs AML supervised members and firms including accurate and up-to-date risk profiles.
Support in the scheduling of onsite visits and desk-based Reviews (DBRs) of AML supervised members and firms.
Support the AML team in ensuring internal and external AML documentation and processes remain accurate and up to date.
Support ongoing improvements to CIMAs AML/CTF framework and for onward reporting to OPBAS HM Treasury and the Department of Justice (RoI) provide analysis and reports of compliance review outcomes.
Assist the AML team to ensure it continues to meet its obligations as an AML/CTF supervisor.
Use a hybrid work schedule
You Have:
A Bachelors degree
A professional AML/CTF or related qualification
3 years experience in Compliance inclusive of AML specific roles/activity
How We Support You:
We provide flexibility to help you achieve a good work-life balance. Youll be part of a global diverse team who foster an environment of inclusion and belonging where you are valued for who you are and where you come from.
We offer benefit options in and out of the workplace including healthcare pension plan annual leave parental leave an employee assistance program. We care about our employees welfare and focus our benefits package on the benefits which support your wellbeing. We also recognise that everyone has different priorities so in addition to our core benefits to support your health we offer flexible options for you to choose benefits that are right for you your family and your lifestyle.
We believe in non-stop learning and are committed to investing in learning opportunities that help you reach your full potential and support your continued development
About Us:
At The Association a Great Place to Work-Certified company we are transforming the accounting and finance profession. We are future-focused empowering the worlds most accomplished accountants to stay relevant meet todays demands and prepare for tomorrows challenges through quality education resources and training.
Learn more about The Association on LinkedIn and our Career Site.
#LI-Hybrid #GreatPlacetoWork
We are committed to equal employment opportunity regardless of race colour ancestry religion sex national origin sexual orientation age citizenship marital status disability gender gender identity or expression or veteran status. We are proud to be an equal opportunity workplace.
Required Experience:
Unclear Seniority
Employment Type
Full Time
