Head of AML

Job Title: Head of AML

Corporate Title: Associate Director

Reports to: Head of Compliance Ireland

Location: Dublin, Ireland

Key Responsibilities

• To ensure there is a robust AML and CTF framework in place for Baring International Fund Managers (Ireland) Limited (“BIFMI”) and it’s Irish and Luxembourg fund ranges.
• Act as MLRO for BIFMI and Irish domiciled funds; and RC for Luxembourg domiciled funds.
• Pre-approved Controlled Function: PCF-52 (Head of AML and CTF Compliance)

Key tasks

• AML Policies: maintainance of suitable AML policies for BIFMI and Irish / Luxembourg funds.
• Produce quarterly MLRO reports for BIFMI and Irish fund range.
• Produce quarterly RC reports for Luxembourg fund range.
• Review CBI guidance and fines, enforcement actions and regulatory developments in relation to AML and CTF, and ensure any required changes are implemented effectively.
• Ensure relevant MI and reporting is produced for relevant committees and boards.
• Work with the Financial Crime Team in London as required in relation to AML reviews and testing.
• Work with the Global Head of Financial Crime (based in the US) to ensure a robust sanctions framework is maintained, along with other global initiatives.
• Oversee fund administrators in Ireland and Luxembourg, from an AML / CTF perspective, including annual due diligence, sample testing and regular service level calls.
• Conduct annual AML risk assessments on BIFMI and the Irish / Luxembourg fund ranges.
• Ensure all relevant regulatory reporting is undertaken as required.
• Ensure all staff and BIFMI directors receive AML / CTF training as required (at least annually).
• Responsible for preparation and co-ordination of CBI visits / surveys, requests in relation to AML / CTF.
• Provide support and cover where necessary to the Head of Compliance in Ireland.

Person Specification

• Degree educated with significant experience gained within the compliance / AML function
• Previous experience within a compliance / AML function is essential
• Irish and/or Luxembourg fund industry experience is essential
• Good leadership and interpersonal skills
• Demonstrable experience of positively engaging with (internal and external) clients/stakeholders.
• Collaborative, proactive and solution orientated.
• Good communication skills with the ability to explain complex items in a simple manner. 
• Demonstrable problem solving and decision making skills
• Self-starter with an ability to manage workloads effectively