Manager, AML Compliance (MLRO)
Are you an experienced compliance professional with a passion for preventing financial crime? Do you thrive in a fast-paced, dynamic environment? If so, Western Union is seeking a Manager of AML Compliance (MLRO) to join our team and play a critical role in safeguarding our business from money laundering and terrorist financing. As the MLRO, you will lead a team responsible for developing and implementing AML compliance programs, policies and procedures, and ensuring adherence to regulatory requirements. If you have a strong understanding of AML/CFT laws and regulations, excellent leadership skills, and a track record of driving results, we want to hear from you!
- Develop and implement effective AML compliance programs, policies, and procedures in accordance with regulatory requirements.
- Oversee a team of compliance professionals and provide guidance, training, and support to ensure compliance with AML/CFT laws and regulations.
- Monitor and assess the company's AML risk exposure and implement controls to mitigate potential risks.
- Stay up-to-date with changes in AML/CFT laws and regulations and communicate updates to relevant stakeholders.
- Conduct regular AML risk assessments and audits to identify any potential compliance issues and develop corrective action plans.
- Serve as the primary point of contact for all AML-related inquiries and escalations.
- Collaborate with cross-functional teams to ensure AML compliance is integrated into all business processes and initiatives.
- Report AML compliance status and concerns to senior management and regulatory authorities as required.
- Conduct investigations and provide guidance on suspicious activity reporting and filing of SARs.
- Represent the company in AML-related meetings and discussions with external parties, including regulatory agencies.
- Develop and maintain strong relationships with internal and external stakeholders to promote a culture of compliance and risk awareness.
- Continuously evaluate and improve the effectiveness of AML compliance programs and processes.
- Foster a culture of compliance and ethical behavior within the organization.
- Provide leadership and mentorship to team members, promoting a positive and collaborative work environment.
- Adhere to all company policies and procedures, including those related to confidentiality and data security.
Experience In Aml Compliance: The Ideal Candidate Should Have At Least 5-7 Years Of Prior Experience In Aml Compliance, Preferably In A Financial Institution. This Should Include Experience In Conducting Aml Risk Assessments, Developing Aml Policies And Procedures, And Implementing Aml Training Programs.
Knowledge Of Aml Regulations: The Candidate Should Have A Strong Understanding Of Aml Regulations, Including The Bank Secrecy Act, Usa Patriot Act, And Ofac Regulations. They Should Also Have Experience In Interpreting And Applying These Regulations To Real-World Scenarios.
Leadership Skills: As A Manager, Aml Compliance, The Candidate Will Be Responsible For Leading A Team Of Aml Analysts And Investigators. Therefore, They Should Possess Strong Leadership Skills, Including The Ability To Motivate And Manage A Team, Delegate Tasks, And Provide Guidance And Support.
Communication And Analytical Skills: The Candidate Should Have Excellent Communication And Analytical Skills To Effectively Communicate With Various Stakeholders, Including Senior Management, Regulators, And Law Enforcement Agencies. They Should Also Have The Ability To Analyze Complex Data And Identify Potential Aml Risks And Issues.
Relevant Education And Certifications: A Bachelor's Degree In A Relevant Field, Such As Finance, Accounting, Or Criminal Justice, Is Typically Required For This Role. Additionally, Holding A Professional Certification In Aml, Such As Cams (Certified Anti-Money Laundering Specialist), Is Highly Desirable And Demonstrates A Commitment To Ongoing Education And Professional Development In The Field Of Aml Compliance.
Data Analysis
Team Management
Risk assessment
Regulatory compliance
Due Diligence
Fraud prevention
Policy Development
Investigative
Cross-Border Transactions
Training And Education
Anti-Money Laundering (Aml)
Communication
Conflict Resolution
Emotional Intelligence
Leadership
Time management
creativity
Attention to detail
Teamwork
Adaptability
Problem-Solving
According to JobzMall, the average salary range for a Manager, AML Compliance (MLRO) in Gangnam District, Seoul, South Korea is ₩120,000,000 - ₩180,000,000 per year. This equates to approximately $100,000 - $150,000 USD. However, salaries may vary depending on the specific company, experience level, and other factors.
Apply with Video Cover Letter Add a warm greeting to your application and stand out!
The Western Union Company is an American worldwide financial services and communications company. Its headquarters is in Denver, Colorado. Until it discontinued the service in 2006, Western Union was the leading American company in the business of transmitting telegrams.
Get interviewed today!
JobzMall is the world‘ s largest video talent marketplace.It‘s ultrafast, fun, and human.
Get Started