A

ACE Money Transfer

Facilitates international remittances via online platform

Financial Crime Manager

Financial Crime & AMLPosted on Nov 9
Full-timeLahore, Punjab, PakistanNo salary listedIn-person

About the Job

Requirements

  • A Bachelor's degree in business, Finance, or a related field is required.
  • At least 7 years of experience in financial crime technology, AML systems, or risk technology management is required.
  • Hands-on experience with transaction monitoring, sanctions screening, and fraud detection platforms is required.
  • Strong knowledge of AML, CTF, sanctions, and fraud regulations in the financial services industry is required.
  • Experience in system implementation, upgrades, and vendor management is required.
  • Strong project management and problem-solving skills are required.
  • Excellent communication and stakeholder engagement abilities are required.
  • The ability to work under pressure and manage multiple priorities is required.

Responsibilities

  • Support the implementation of ACE’s Anti-Money Laundering (AML) and other financial crime-related regulations and policies.
  • Maintain the integrity of management information used across the company to mitigate financial crime risks in all products and locations.
  • Assess product-related financial crime risks and assist in developing strategies to manage those risks effectively.
  • Disseminate policies and procedures related to financial crime compliance activities to relevant departments.
  • Stay abreast of emerging trends, techniques, and regulatory changes in financial crime and adapt strategies to address new challenges.
  • Prepare and present regular reports to the MLRO on financial crime risks, incidents, and mitigation efforts.
  • Assist the MLRO in submitting Suspicious Activity Reports (SARs) to the National Crime Agency (NCA) and other local Financial Intelligence Units (FIUs).
  • Ensure that financial crime-related matters are properly addressed in new partnerships and agreements.
  • Maintain up-to-date knowledge of relevant financial crime laws, regulations, and contract requirements to ensure continuous compliance.
  • Monitor the development of regulatory policies and enforcement strategies regarding the firm's operations across all jurisdictions where ACE operates, and advise the MLRO on emerging financial crime risks.
  • Ensure that appropriate software and technology are in place to support effective oversight and monitoring of financial crime risk areas.
  • Direct internal investigations into compliance issues related to financial crime and ensure their swift resolution.
  • Assist internal or external auditors with financial crime-related reviews and audits, ensuring they have the necessary information and access.
  • Identify key regulatory risks related to financial crime within the company's operations, review relevant policies and procedures, and support the MLRO in submitting SARs.
  • Oversee investigations into financial crime-related compliance issues.
  • Monitor changes in financial crime-related laws and regulations, disseminate updates to relevant business functions, assess the impact of new or revised regulations, and collaborate with other departments to address compliance gaps.
  • Work closely with other departments to ensure the business operates in compliance with relevant financial crime regulations.

About the Company

ACE Money Transfer

Facilitates international remittances via online platform

ACE Money Transfer is a UK fintech that lets people send money internationally. Users fund transfers via website or mobile app using cards or digital wallets, and recipients receive by bank deposit, cash pickup at 375,000 locations, or mobile wallets in 100+ countries. It makes money from transfer fees and currency margins. Founded in 2002 and run by a family, it differentiates itself with a long track record, a wide cash-pickup network, and regulatory compliance; its goal is to provide reliable, affordable remittance with transparent fees and flexible payout options.

Company size
201-500
Company stage
Not listed
Total funding
Not listed
Headquarters
Warrington, United Kingdom
Founded
2002

Recently Posted Jobs

Explore more opportunities at ACE Money Transfer

See more jobs