Head of AML

What is a Head of AML / Head of Anti Money Laundering?

The Head of AML is a senior executive responsible for leading the organization’s anti-money laundering (AML) efforts. This role involves developing and implementing AML strategies and policies, overseeing the AML department, and ensuring compliance with federal and state regulations. The Head of AML manages the execution of AML programs, including transaction monitoring, customer due diligence, and investigations into suspicious activities. They work closely with senior management to report on AML risks, trends, and effectiveness, and collaborate with regulatory bodies and other departments to ensure a robust AML framework.

What are the responsibilities of a Head of AML?

• Developing and oversee the implementation of the organization’s anti-money laundering (AML) policies and procedures.
• Ensuring compliance with federal and state AML regulations, including the Bank Secrecy Act and relevant guidelines.
• Managing and leading the AML department, including staff recruitment, training, and performance evaluation.
• Monitoring and assessing the effectiveness of AML programs and make adjustments as necessary to address emerging risks.
• Overseeing transaction monitoring, customer due diligence, and investigations into suspicious activities.
• Reporting on AML risks, trends, and program effectiveness to senior management and regulatory bodies.
• Collaborating with other departments and external stakeholders, including regulatory agencies and law enforcement.
• Ensuring timely and accurate filing of suspicious activity reports (SARs) and other regulatory reports.
• Staying informed about changes in AML regulations and industry best practices to ensure ongoing compliance.

Are you looking to hire a Head of Financial Crime?

Whether it’s permanent or an interim appointment, we can help you find the perfect candidate for the position. To find out more, complete the contact form below and we’ll be in touch within the next working day to discuss your opportunity further.

Why work with Kind Consultancy?

• Kind has a large pre-existing network of Compliance, Risk and Financial Crimes experts, which allows us to present your vacancy to leading professionals in the sector.
• An active headhunting approach provides the best candidates for your organization and delivers more accurate searches.
• With a shortlist of pre-screened candidates selected by our specialist team, there is no need for you to sort through irrelevant or underqualified CVs.
• Kind Consultancy maintains a fast-growing database of Risk, Compliance and Financial Crimes professionals who will be eager to hear about your need in their niche.

If you want to hire an exceptional Head of AML, complete the contact form below and we will initiate a conversation about how Kind Consultancy can help find the ideal person for your organization.