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Anti-Money Laundering and Counter Terrorist Financing Regulated Business Lead

multiple locations +view all Job No. r00194373 Full-time

Job Description

The primary role of the Anti-Money Laundering and Counter Terrorist Financing (AML/CTF) Regulated Business Lead is to lead Accenture’s AML Centre of Excellence (CoE) and be responsible for the oversight of the local Anti-Money Laundering Compliance Officers (AMLCOs) across the Globe. The role will provide independent challenge, steer and support to the AMLCOs, who are in turn responsible for the day-to-day operation of the AML regulated programs in their respective legal entities.

The AML/CTF Regulated Business Lead is responsible for the strategic design and updating of consistent Global AML/CTF standards including by defining and disseminating common processes, templates and frameworks by which the AMLCOs will operate. They will also share best practices amongst the global AMLCO network and drive accountability of the AMLCOs in the operation of each local AML programme.  They will be responsible for managing the regulatory perimeter and establishing new AML programmes where Accenture business is identified as falling within the regulated AML space.

The AML/CTF Regulated Business Lead will report to the Global Director for Trade, AML and CTF. 

Scope of Responsibilities:


The AML/CTF Regulated Business Lead will be expected to perform the following activities:

Participate and execute key decisions for the creation of new AML/CTF Regulated Programmes or the dissolution of these programmes as required in relation to new business expansions globally (e.g. crypto) and/or expansion of licensed/regulated activities (e.g. insurance/payment services);

Defining duties for, appointing/hiring of and onboarding appropriate individuals to fulfil the AMLCO and AML Delegate roles in each of Accenture’s regulated entities subject to local AML laws and regulations.

Providing first level approval for all local AML/CTF policies and procedures for regulated entities prior to formal local Board or Senior Leadership final approval.

Acting as escalation point for  remedial action to address findings identified through LCM monitoring of the red flag escalation and KYC processes.

Ensuring the implementation of remedial action/resolving gaps to address findings/outcomes of formal reviews (including, but not limited to, the global AML programme audit, Company Risk Assessment and external counsel reviews).

Performing periodic desk reviews in the local market of each AMLCO to maintain oversight over the operation of each local AML programme and identify any challenges to facilitate timely resolution.   

SUPPORT

Regularly monitoring for regulatory/legal updates and tracking changes both locally and globally across AML/CTF and other relevant regulation, with support from selected local counsel.

The AML/CTF Regulated Business Lead will also liaise with local AMLCOs to ensure relevant updates are appropriately identified, evaluated and factored into each AMLCO’s respective programme.

Acting as a point of consultation and/or support for the AML Programme Director and Global AML Team as required to provide input into global AML-related initiatives, including (but not limited to):

  • Global Accenture Leadership and/or Board reporting;
  • Global AML Programme Risk Assessment and controls evaluations;
  • Definition of AML Risk Aids and AML Handbooks;
  • Practical prospective business venture support, such as pertaining to expansion of existing scope of services or mergers/acquisitions;
  • Global AML policies and procedures;
  • Contracts and RFPs containing AML elements;
  • Definition of predicate offences and red flags applicable to Accenture’s global operating footprint;
  • CBT requirements for higher risk employees in non-AML regulated areas of Accenture’s business model; and
  • Global internal or external AML programme reviews.

REGULATORY ENGAGEMENT

 Engaging with regulatory bodies related to any regulatory investigations, remediations or other matters. Working with auditors (internal and external) with regard to the AML programme and monitoring implementation of audit points or regulatory findings Contributing to thought leadership articles or regulatory consultations related to AML

TRAINING

Working in conjunction with the local AMLCOs, designing Accenture’s AML CBT programme. Designing and delivering:

  • Tailored AML/CTF training required to be undertaken by AMLCOs and their Deputies/Delegates; and
  • Local relevant awareness-raising and issue spotting initiatives, identified in conjunction with input from local AMLCOs as a result of internal or external triggers.

Setting the standard for and ensuring the completion of any agreed formal AML accreditation/certification programs by the AMLCOs (and their Delegate, if considered necessary).

Relationships: 

Reports to:  the AML Programme Director

Relationships:  Global AML Team, local AMLCOs for each legal entity, AML CoE, KYC Team, LCM Team.

Qualifications

Basic (Must-Have) Qualifications:

  • Education:  Law degree as a minimum
  • Work Experience:  Minimum of 7 years of relevant financial services experience (e.g within Financial Institution, Law Firm or other In House Role).  Experience in contentious issues preferred.
  • Work Requirements:   Minimal travel required.

Knowledge and Skill Requirements:

  • Working knowledge of global anti-money laundering legal and regulatory frameworks and best practice, especially European and US. Working knowledge of other anti-financial crime frameworks, such as anti-bribery and corruption, beneficial;
  • Experience of working with regulators, including investigations and/or remediations;
  • Knowledge, experience and understanding of the implementation of compliance programmes in global corporations, preferably in the context of a decentralized operating model;
  • Knowledge and understanding of Accenture’s business vision and strategy (or similar business strategy at another company for an experienced hire);
  • Significant experience skilfully managing multiple stakeholders/business interests, including dealing with senior management, promoting consistency of approach whilst remaining independent;
  • Able to assess risk and recommend action on a proportionate risk-based approach;
  • Good judgement, an ability to prioritize and make decisions in a timely manner, and a high level of common sense;
  • Significant experience leading large projects and teams;
  • Ability to collaborate with team members and other peers across various business divisions;
  • Excellent stakeholder and risk management skills; Excellent writing and negotiation skills;
  • Excellent communication skills; and
  • Fluent in English.

Our offer

At Accenture, we are committed to creating an inclusive and supportive workplace that values diversity and promotes growth for all. As you join our global company with a world-class brand and reputation, we want to assure you that you will be part of a vibrant, diverse workplace culture. We firmly believe in openness and honesty, fairness and equality, and we celebrate the unique contributions of every individual. We are dedicated to getting to know the real you and supporting your personal and professional growth, so you can excel in whatever you're great at. At Accenture, learning is a continuous journey, and we provide numerous learning opportunities, both formal and informal, to enhance your role-specific skills and expertise.

Beyond the impactful work we do for our clients and the nurturing work environment we provide, we offer a range of excellent employee benefits designed to cater to your diverse needs and well-being.

These benefits include:

  • Holidays: Providing ample time to recharge and spend quality moments with loved ones.
  • Laptop and smartphone: Equipping you with the necessary tools to excel in your role, regardless of location.
  • Hospitalization insurance and extensive group insurance package: Prioritizing your health and well-being, so you can focus on what matters most.
  • Extensive level of flexibility : Allowing you to decide how, when and where you work.
  • Bonus program: Recognizing and rewarding your exceptional contributions to the team's success.
  • Training & learning opportunities: Encouraging continuous growth and skill development to reach your full potential.
  • Green mobility program: Supporting environmentally friendly commuting options like e-bikes, public transport, bike 2 work allowance, and more.
  • Flexrewards: Empowering you to customize your rewards package with our flexible benefits tool to suit your individual needs.
  • Discount program: Offering discounts at your favorite (online) shops, so you can enjoy life outside of work.
  • Employee shares purchase plan: Providing an opportunity to become a stakeholder in the company's success.
  • Eco-cheques: Promoting sustainable living and environmentally conscious choices.
  • And many more!

Interested?

Are you ready to join Accenture for a career where you can be yourself and do what you love? Apply now and change the world around you.

Locations

London, Luxembourg

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