AMLCO (Anti-Money Laundering Compliance Officer)

Job Title: AMLCO (Anti-Money Laundering Compliance Officer)Department: ComplianceLocation: Auckland, New ZealandReporting To: Regional Head of Compliance / Group Chief Compliance OfficerAbout ACE Money TransferACE Money Transfer, headquartered in the United Kingdom, is a leading digital remittance fintech operating in 28 countries and serving customers across 100+ receiving destinations. With a continued commitment to innovation and compliance, ACE is expanding across the United States, New Zealand, and the Middle East—introducing cutting-edge governance frameworks, AI-driven compliance technologies, and real-time risk controls.

As part of this global transformation, ACE is reinforcing its Compliance Division by appointing a dedicated AMLCO in New Zealand to meet enhanced financial crime and regulatory obligations. Position SummaryThe AMLCO will act as the designated Anti-Money Laundering Compliance Officer under Section 56 of the New Zealand AML/CFT Act 2009, holding primary responsibility for developing, implementing, and maintaining the AML/CFT Program in New Zealand. This role includes the authority and accountability to manage AML/CFT risk, oversee suspicious activity reporting, ensure regulatory compliance, and support ACE’s enterprise-wide risk and governance standards.

The AMLCO will also serve as the central point of contact with the Department of Internal Affairs (DIA) and other relevant regulatory bodies.

Key ResponsibilitiesAML/CFT Program OversightServe as the appointed AMLCO under the AML/CFT Act 2009Develop, implement, and maintain ACE’s AML/CFT Program in New ZealandEnsure the AML/CFT Program remains aligned with evolving local and international laws, including FATF standardsRegulatory Engagement & ReportingAct as the primary liaison for the DIA, FIU, and other regulatory bodiesPrepare and submit all required reports, including Suspicious Activity Reports (SARs) and Prescribed Transaction Reports (PTRs)Respond to regulatory queries, audits, and thematic reviewsRisk Management & AdvisoryIdentify, assess, and monitor ML/TF risks related to business operationsAdvise senior leadership on AML/CFT risk exposures and required controlsEnsure effective customer due diligence (CDD), enhanced due diligence (EDD), sanctions screening, and ongoing monitoringPolicy Development & ImplementationMaintain and regularly update AML/CFT policies, procedures, and controlsEnsure integration of group-wide compliance frameworks into local operationsTraining & AwarenessDesign and deliver AML/CFT training programs for staff, management, and agentsPromote a strong culture of compliance and ethical conduct across business functionsAudit, Assurance & DocumentationOversee internal testing of AML/CFT systems and respond to external audit findingsMaintain comprehensive and audit-ready records in line with statutory obligationsLead the development of remediation plans following audit or regulatory findingsQualifications & ExperienceRequirementDetailsEducationBachelor’s degree in Law, Finance, Business, or a related fieldCertificationsACAMS, ICA, ACFCS, or equivalent AML qualification (preferred)Experience5+ years of experience in AML/CFT compliance roles in financial servicesRegulatory ExposureStrong track record engaging with regulators, particularly within the NZ environmentTechnical ProficiencyKnowledge of SAR/PTR filings, CDD/EDD, sanctions compliance, risk profilingCommunicationExcellent verbal and written communication with ability to simplify complex guidanceAnalytical SkillsHigh attention to detail, strong analytical thinking, and risk-based decision-makingKey CompetenciesIn-depth understanding of New Zealand AML/CFT legislation and FATF standardsExperience preparing for and responding to regulatory audits and reviewsStrong stakeholder engagement and cross-functional collaborationProven ability to interpret regulatory requirements and apply them operationallyResilience under pressure, with capability to manage multiple regulatory deadlinesStrategic Relevance to ACE’s Global Compliance TransformationThis AMLCO role is pivotal to ACE’s expansion in New Zealand and across the Asia-Pacific region.

The position contributes directly to: Strengthening regional risk governanceSupporting global licensing and AML/CFT obligationsIntegrating AI-driven monitoring tools and real-time compliance controlsPromoting ethical conduct and compliance-first culture within a rapidly growing fintechExplore more about ACE Money Transfer: https: //acemoneytransfer. com/company-profilePowered by JazzHRDcoZrU5vgb