InnQuest is hiring a dynamic professional for its client in the Insurance and Reinsurance sector for the role of Senior Manager - Financial Crime & KYC.

Role Overview:

We are seeking a highly motivated and experienced Manager/Senior Manager to oversee the end-to-end delivery of sanctions and financial crime screening services. This role is critical in ensuring that the organization maintains effective controls to detect and prevent financial crime, including money laundering, terrorist financing, and sanctions breaches.

Key Responsibilities:

- Develop and implement comprehensive AML and KYC policies and procedures to ensure compliance with regulatory requirements and industry best practices.

- Lead and manage a team of AML and KYC analysts, providing guidance, training, and performance feedback.

- Conduct risk assessments to identify and evaluate potential financial/Insurance crime risks across the organization.

- Oversee the investigation of suspicious activity and escalate potential violations to the appropriate authorities.

- Enhance and maintain the organization's financial/Insurance crime detection and monitoring systems.

- Prepare and submit regulatory reports in a timely and accurate manner.

- Collaborate with internal audit and compliance teams to ensure effective controls and adherence to policies.

- Provide training and awareness programs to employees on AML and KYC requirements.

- Stay abreast of emerging trends and regulatory changes in the financial /Insurance crime landscape.

- Manage relationships with regulatory agencies and external stakeholders.

Required Skillset:

- Demonstrated expertise in AML, KYC, compliance, and risk management within the financial services industry.

- Proven ability to develop and implement effective AML and KYC programs.

- Strong understanding of regulatory requirements and industry best practices.

- Excellent analytical and problem-solving skills.

- Exceptional communication, interpersonal, and leadership abilities.

- Ability to work independently and as part of a team.

- Experience in fraud analysis, audit, banking operations, insurance operations, investigation, and regulatory reporting.

- Relevant certifications such as CAMS or similar are preferred.

- Minimum of 15-20 years of experience in financial crime compliance.