ACE Money Transfer

Financial Crime Manager

ACE Money Transfer  •  Kharian, PK (Onsite)  •  5 months ago
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Job Description

About Us:

ACE Money Transfer is a UK-based multinational company headquartered in Manchester, United Kingdom. ACE Money Transfer provides online remittance services to individuals in 28 countries across UK, Europe, Canada, and Australia, enabling them to send money across borders in over 100 countries.



ACE Money Transfer is looking to hire a Manager of Compliance to assist the MLRO in ensuring the organization's compliance with anti-money laundering (AML), counter-terrorist financing (CTF), and other financial crime prevention regulations. This role includes identifying key regulatory risks related to financial crime within the company's operations, reviewing relevant policies and procedures, and supporting the Money Laundering Reporting Officer (MLRO) in submitting Suspicious Activity Reports (SARs). The Manager will also be responsible for overseeing investigations into any financial crime-related compliance issues identified.

Key responsibilities include monitoring changes in financial crime-related laws and regulations within the industry, disseminating updates to relevant business functions, assessing the impact of new or revised regulations, and collaborating with other departments to address any compliance gaps.

Report directly to the MLRO and will work closely with other departments to ensure that the business operates in full compliance with all relevant financial crime regulations.

Job Responsibilities:
  • Supporting the implementation of ACE’s Anti-Money Laundering (AML) and other financial crime-related regulations and policies.
  • Maintaining the integrity of management information used across the company to mitigate financial crime risks in all products and locations.
  • Assessing product-related financial crime risks and assisting in developing strategies to manage those risks effectively.
  • Disseminating policies and procedures related to financial crime compliance activities to relevant departments.
  • Stay abreast of emerging trends, techniques, and regulatory changes in the field of financial crime and proactively adapt strategies to address new challenges.
  • Prepare and present regular reports to the MLRO aon financial crime risks, incidents, and mitigation efforts.
  • Assisting the MLRO in submitting Suspicious Activity Reports (SARs) to the National Crime Agency (NCA) and other local FIUs.
  • Ensuring that financial crime-related matters are properly addressed in new partnerships and agreements.
  • Maintaining up-to-date knowledge of relevant financial crime laws, regulations, and contract requirements to ensure continuous compliance.
  • Monitoring the development of regulatory policies and enforcement strategies regarding the firm’s operations across all jurisdictions where ACE operates, advising the MLRO on emerging financial crime risks.
  • Ensuring that appropriate software and technology are in place to support effective oversight and monitoring of financial crime risk areas.
  • Directing internal investigations into compliance issues related to financial crime, ensuring swift resolution.
  • Assisting auditors (internal or external) with financial crime related reviews and audits, ensuring they have the necessary information and access.
Qualifications and Skills
  • Bachelor’s degree in business, Finance, or a related field.
  • Minimum 7 years’ experience in financial crime technology, AML systems, or risk technology management.
  • Hands-on experience with transaction monitoring, sanctions screening, and fraud detection platforms.
  • Strong knowledge of AML, CTF, sanctions, and fraud regulations in the financial services industry.
  • Experience in system implementation, upgrades, and vendor management.
  • Strong project management and problem-solving skills.
  • Excellent communication and stakeholder engagement abilities.
  • Ability to work under pressure and manage multiple priorities.

    ACE Money Transfer Profile:  https://acemoneytransfer.com/company-profile
ACE Money Transfer

About ACE Money Transfer

We are shaping the way people send money around the globe in the most reliable & trust-able way. We are offering a wide range of services, including Bank Deposit, Cash Pickup, Mobile Wallet even Mobile Top-up & Bill payments.

We send to 106 countries around the world with over 2 million happy customers receiving payments through 379,000+ payout locations. We’ve helped millions of customers to send payments securely than ever—a money transfer service for everyone without borders or limits.

If you think differently of innovative ways to provide a solution to problems, you might be the one we’re looking for.

Industry
Finance & Insurance
Company Size
201-500 employees
Headquarters
Manchester, GB
Year Founded
2002
Website
acemoneytransfer.com
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