We are seeking to recruit a highly skilled and motivated professional to lead our Anti-Money Laundering (AML) Unit.
Job Summary:
The Head of AML Unit will lead the AML/CFT Unit in the development, implementation, and monitoring of the Bank’s AML/CFT compliance program, including oversight of the AML function for the Bank’s subsidiary, Prudential Securities Ltd. The role involves coordinating with the head of the compliance department and internal teams, conducting customer due diligence, analyzing transactions, and managing regulatory reporting. Additionally, the officer oversees AML/CFT training and ensures compliance with data protection and sanctions regulations.
Key Responsibilities:
Maintain a comprehensive understanding of regulatory requirements with a focus on AML/CFT compliance.
Conduct regular risk assessments of the inherent ML/TF&PF risks, including timely assessments of new products, services and business acquisition initiatives to identify potential ML/TF&PF risks and develop appropriate control mechanisms;
Assist in developing, implementing, and monitoring AML/CFT and KYC programs in compliance with AML laws, regulations and the bank's policies.
Conduct periodic updates/reviews of AML policies to ensure ongoing compliance.
Prepare reports for the board, management and the regulator.
Assist in developing and implementing the Bank's AML/CFT Training program.
Collaborate with internal cross-functional teams, including Compliance, Risk Management, branch operations and Legal, on information requests or issues.
Participate in developing and enhancing anti-fraud and anti-money laundering systems, tools to improve detection capabilities and operational efficiency.
Analyze transactional data, identifying suspicious activities, and ensuring compliance with regulatory requirements.
Receive and vet suspicious activity reports from the staff;
File suspicious, Electronic Currency, Politically Exposed Persons, Cash Transaction Reports and other relevant regulatory reports with the BOG and FIC (where applicable);
Assist in developing and implementing the bank's sanctions program.
Qualifications & Experience:
Bachelor's degree in Business, Law, Mathematics/Statistics/Economics, or a related field.
Professional qualification in Anti-Money Laundering Specialist (e.g., CAMS, ICA)
Master's degree/ACIB Certification will be an added advantage.
Minimum of 8-10 years of experience in AML/CFT, compliance, or financial crime prevention.
Extensive experience in managing AML/CFT compliance programs within a financial institution.
In-depth Knowledge of the Securities industry regulations.
Excellent communication and analytical skills.
Application Process:
Interested applicants should submit their CV and cover letter to recruitment@prudentialbank.com.gh by 15th October, 2025.
