Compliance: Head AML Governance

About

To provide strategic leadership and end-to-end oversight of the AML Governance framework, ensuring comprehensive policy formulation, regulatory alignment and effective governance structures across all AML functions. This role acts as the second line of defence, embedding a strong culture of compliance, managing regulatory engagement, and ensuring enterprise-wide adherence to AML obligations.

Key Responsibilities

1.Policy, Framework & Governance Oversight

• Design and maintain a robust AML Governance Framework aligned with applicable regulatory requirements and institutional risk appetite.
• Periodic review, update, and alignment of AML policies, SOPs, and control frameworks in line with regulatory expectations
• Lead the governance and oversight forums, including AML Committees, Risk and Compliance meeting, ACB, Sanctions and Senior Management reporting.

2. Regulatory Compliance & Engagement

• Liaise with regulators, auditors, and internal stakeholders on all AML governance matters, including inspections, audits, and correspondence.
• Ensure completeness and accuracy of regulatory submissions, audit responses, and compliance reports.

3.Control Effectiveness & Risk Monitoring

• Establish and oversee key control indicators, dashboards, and risk metrics to monitor the health of the AML program.
• Drive independent reviews and gap assessments to evaluate design and operating effectiveness of AML controls.

4.Vendor & Outsourcing Oversight

• Manage AML-related vendor governance, including due diligence, SLA adherence, periodic performance reviews, and compliance with outsourcing policies.

5. Training, Communication & Culture

• Drive enterprise-wide AML awareness, communication, and training programs tailored to roles and risk exposure.
• Promote a strong compliance culture across all business lines.

6. Governance Reporting

• Consolidate and present periodic governance updates to the Board, Management Committees, and Group Compliance.
• Maintain complete and defensible documentation for all governance processes, decisions, and policy positions.

7. Cross-functional Coordination

• Coordinate with Transaction Monitoring, CB, RFIs team, Name screening, Fraud Risk, and Business Units to ensure cohesive execution of the AML strategy.

Qualifications

Optimal qualification for success on the job is:

• MBA / Postgraduate with Banking background.
• AML Related Course/ Programme Certification is desirable.
• 10 Years of Experience.

Role Proficiencies:

• Skilled in drafting and maintaining AML policies, SOPs, and governance frameworks.
• Experience in managing AML governance and senior-level reporting.
• Proficient in handling audits, inspections, and regulatory observations.
• Drives AML risk assessments, control testing, and policy adherence reviews.
• Ensures documentation integrity, version control, and audit readiness.
• Coordinates with cross-functional teams to embed AML governance across functions.