Key Result Areas / Outputs:
RMCP Oversight (Section 42 Compliance)
Oversee the implementation and effectiveness of the Group RMCP, ensuring appropriate customisation for AI’s and alignment to section 42 of the Financial Intelligence Centre Act across applicable entities.
Develop, maintain and oversee AML, CTF, CPF and sanctions-related policies, standards, Risk Assessments and guidance documents. Ensure alignment with the FIC Act, Guidance Notes, PCCs, Directives, Joint Standards and FATF requirements, while ensuring practical implementation across business operations.
Provide compliance advice on the interpretation and application of AML, CTF, CPF and sanctions requirements, ensuring translation into practical controls and procedures.
Oversight of Monitoring and Reporting
Provide second line oversight of transaction monitoring, screening, investigations and regulatory reporting, ensuring compliance with applicable legislative requirements and timelines.
Oversee adherence to targeted financial sanctions requirements across jurisdictions, including screening, escalation and decision making.
Training Oversight (Section 43 Compliance)
Ensure AML, CTF and CPF training is risk based, role appropriate and compliant with section 43 requirements and equivalent in country obligations.
Oversee the provision of accurate and meaningful AML related management information to support oversight and regulatory engagement.
Drive the consistent application of a risk-based approach across customer due diligence, ongoing monitoring, sanctions screening, transaction monitoring and regulatory compliance activities. Provide oversight of risk assessment methodologies and risk appetite alignment.