AML Officer / MLRO

We’re looking for…

An AML Officer to oversee and manage the Anti-Money Laundering (AML) program, ensuring compliance with relevant regulations. You will act as the main point of contact with external regulatory and compliance bodies, manage AML reporting obligations, and advise internal stakeholders on risk mitigation.

Who are you?

• You have an analytical mindset with strong attention to detail.
• You have excellent communication and report-writing skills.
• You have the ability to manage multiple priorities under tight deadlines.
• You have a collaborative approach to working with cross-functional teams.
• You have excellent problem-solving skills and a proactive approach to identifying risks.

What’s the role?

You will be responsible for:

AML Program Development and Oversight

• Maintain, enhance, and implement the company’s AML policies, procedures, and frameworks in line with local regulations (e.g., FICA in South Africa).
• Ensure adherence to the Financial Intelligence Centre Act (FICA) and other applicable laws.

Reporting Obligations

• Act as the MLRO and primary liaison with regulatory bodies (e.g., the Financial Intelligence Centre).
• Submit Suspicious Transaction Reports (STRs) and other mandatory filings to authorities.

Monitoring and Investigations

• Oversee daily transaction monitoring and escalate any suspicious activity for further investigation.
• Conduct investigations and recommend corrective actions to mitigate risks.

Compliance and Risk Management

• Conduct AML risk assessments for new products, services, and partnerships.
• Work closely with external compliance and risk teams to align company objectives with legal standards.

Training and Awareness

• Train employees on AML regulations, red flags, and compliance procedures.
• Regularly update staff on changes in AML regulations.

Internal Collaboration

• Collaborate with various departments, including operations, customer service, and product teams, to ensure compliance requirements are met.
• Provide guidance to leadership on emerging compliance risks.

Audit and Reporting

• Prepare reports for senior management and board meetings summarizing AML compliance efforts and issues.
• Assist in regulatory audits and inquiries as required.

Boxes to tick…

• Bachelor’s degree in Law, Finance, Business Administration, or a related field.
• 3+ years of experience in an AML, compliance, or risk-related role, preferably in fintech, digital assets, or financial services.
• Strong understanding of FICA and South African AML regulations.
• Experience with AML monitoring systems and STR filing processes.
• Certification in AML (e.g., CAMS or ICA Diploma in Financial Crime Prevention).
• Experience in the crypto or digital asset industry.