Head of AML

The Head of AML (Client Onboarding & RegCom) is responsible for leading and overseeing the Anti-Money Laundering Combatting the Financing of Terrorist and Proliferation Financing and Financial Crime (AML/CFT) framework for client onboarding due diligence and regulatory compliance activities across the jurisdiction. The role ensures robust and effective AML/CTF controls alignment with group standards and regulatory requirements and the delivery of a high-quality client due-diligence experience. 

This role provides strategic leadership operational oversight and subject-matter expertise working collaboratively with senior stakeholders local regulators Client Services and Risk and Compliance to safeguard IQEQ and its clients. The Head of AML contributes to continuous improvement risk mitigation and the development of a strong compliance culture aligned with IQ-EQs values of being Authentic Bold and Collaborative.

What you will do

• Responsible for the management oversight and development of the IQEQ Mauritius AML Unit consisting of the Client On-Boarding Team and RegCom.
• Act as the lead of the AML Team and reporting at the ACE Committee; Client Risk Oversight Committee; Risk and Compliance Committee and other compliance related meetings upon request.
• Support the business in onboarding new clients and new Investors in Client Funds encompassing Client Reviews and other first line risk assurance activities.
• Ensure appropriate level of oversight of any CDD related activities conducted by the AML Team (including GCD India) which includes advising on CDD requirements review of CDD conduct screening etc.
• Ensure all CDD/KYC Serviced Entity data input and record keeping across core systems as well as AML team scope objectives and deliverables are delivered efficiently and successfully.
• Act as data integrity gatekeeper for the various systems by ensuring that the team follows the published operational controls in order to support the integrity of new and existing data stored.
• Responsible for ensuring the career aspirations and development needs of any CDD & On-Boarding Team members under direct line management responsibility are managed by holding effective Everyday Conversations.

What we offer

• Comprehensive remuneration: Motivating financial packages based upon market rates for your role and is proportionate to your qualifications level of experiences and skills profile 
• Discretionary annual bonus scheme based on company and individual performance 
• Autoenrolment pension scheme with employer and employee contributions based on age bracket 
• Comprehensive private medical insurance for employees and immediate family  
• Annual leave: All our employees are entitled to 22 days paid leave. 
• Enhanced maternity and paternity including shared parental leave and adoption leave 
• Flexible working: We recognise the value of working flexibly and is keen to ensure all employees enjoy an excellent work-life blend. As such we are open to conversations with employees related to setting up flexible working arrangements 

Qualifications :

• 8 years experience in AML/CFT Compliance or Financial Crime within the financial services sector.
• Strong expertise in AML/CTF regulations client onboarding KYC/CDD and risk analysis.
•  ACAMS ICA STEP qualified or relevant Compliance/financial crime certifications are preferred.
• Thorough understanding of the local regulatory environment and relevant laws. relating to Fund Services Corporate Services and Trust Administration with particular emphasis on AML/CFT legislation and regulation.
• Proven leadership experience in managing AML or compliance teams.
• Strong technical understanding of onboarding systems screening tools and AML workflows.

Additional Information :

Our commitment to you and the environment

Sustainability is integral to our strategy and operations. Our sustainability depends on us building and maintaining long-term relationships with all our stakeholders including our employees clients and local communities while also reducing our impact on our natural environment.  

There is always more we can and should do to improve whether in relation to our people our clients our planet or our governance. Our ongoing success as a business depends on our sustainability and agility in a changing and challenging global landscape. Were committed to fostering an inclusive equitable and diverse culture for our people led by our Diversity Equity and Inclusion steering committee. 

Our learning and development programmes and systems (including PowerU and MyCampus) enable us to invest in growing our employees careers while our hybrid working approach supports our employees in achieving balance and flexibility while remaining connected to their colleagues. We want to empower our 5800 employees - from 94 nationalities across 25 countries - to each achieve their potential.  Through IQ-EQ Launchpad we support women managers launching their first fund in an environment where only 15% of all private equity and venture capital firms are gender balanced.  

Were committed to growing relationships with our clients and supporting them in achieving their objectives. We understand that our clients sustainability and success leads to our sustainability and success. Were emotionally invested in our clients right from the beginning.    

Remote Work :

No

Employment Type :

Full-time