Head of Unit – Anti Money Laundering

Job Description:

Main Responsibilities and Duties:

• Management of AML function in respect to its relevant policies, procedures, systems, monitoring and reporting.
• Reviewing, investigating, and reporting money laundering cases and raising critical cases to management where applicable.
• Providing the on-going monitoring and resolving of the formal complaints
• Dealing appropriately with the consent refusals following the submission of the SAR
• Identify new trends as the first line of defense on accounts to support the team with building new rules and controls where required.
• Build new processes, optimize existing processes, and completely replace broken processes.
• Proactively identify, monitor, and solve issues using SQL/Python
• Sound judgement and confidence to make independent decisions on potentially fraudulent activity or PEP/Sanction matches.
• Ability to assess referred cases to ensure minimal inconvenience to the customer while preventing monetary and reputational loss to the company.

Education and Trainings/ Experience:

• Bachelor’s degree in Business Administration, Legal or Accounting, Statistics, or relevant majors is a must.
• Having at least 4 years’ experience in AML/CFL, Auditing, Financial, Banking is a must and preferred in the E Payment industry.
• Passing AML certifications/ course not less than 50 hours
• Good command of English is a Must

Requirements:

• Should be Iraqi and having previous approval from CBI as Head of Unit AML
• Strong Analytical background
• Able to break complex problems into simpler ones, and priorities setting .
• Manipulate and analyses data with ease using SQL/Python
• Excellent communication skills
• Should have experience in Financial Crime, Fraud and/or AML

Required Certifications:

• ACAMS , CAMS ,  CFC (Holding one of these certificates as non-expired is a must)