AML CTF Regulated Business Lead - Senior Legal Counsel

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 (crypto) and/or expansion of licensed/regulated activities (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.
• Defining and communicating KYC standards to be adhered to by the local AMLCOs in their capacity as executors of the AML framework in their respective legal entity.
• Analyzing the issues and implementing 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/issues 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.
• Regularly monitoring for regulatory/legal updates and tracking changes both locally and globally with support from selected local counsel.
• Liaising 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.
• 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.
• 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.
• 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).

Basic (Must-Have) Qualifications:

• Education: Law degree as a minimum.
• Work Experience: Minimum of 7 years of relevant industry experience (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 such frameworks in global corporations, preferably in the context of a decentralized operating model.
• Significant experience skilfully managing multiple stakeholders/business interests, including dealing with senior management.
• 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.
• Fluent in English.

Application deadline: Ongoing. Accenture reserves the right to close the role, if a suitable candidate is found.