AMLCO (Anti-Money Laundering Compliance Officer)

Job Title: AMLCO (Anti-Money Laundering Compliance Officer) Department: Compliance Location: Auckland, New Zealand Reporting To: Regional Head of Compliance / Group Chief Compliance Officer About ACE Money Transfer ACE 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 Summary

The 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 Responsibilities

AML/CFT Program Oversight Serve as the appointed AMLCO under the AML/CFT Act 2009. Develop, implement, and maintain ACE’s AML/CFT Program in New Zealand. Ensure the AML/CFT Program remains aligned with evolving local and international laws, including FATF standards. Regulatory Engagement & Reporting Act as the primary liaison for the DIA , FIU , and other regulatory bodies.

Prepare and submit all required reports, including Suspicious Activity Reports (SARs) and Prescribed Transaction Reports (PTRs) . Respond to regulatory queries, audits, and thematic reviews. Risk Management & Advisory Identify, assess, and monitor ML/TF risks related to business operations. Advise senior leadership on AML/CFT risk exposures and required controls.

Ensure effective customer due diligence (CDD), enhanced due diligence (EDD), sanctions screening, and ongoing monitoring. Policy Development & Implementation Maintain and regularly update AML/CFT policies, procedures, and controls. Ensure integration of group-wide compliance frameworks into local operations. Training & Awareness Design and deliver AML/CFT training programs for staff, management, and agents.

Promote a strong culture of compliance and ethical conduct across business functions. Audit, Assurance & Documentation Oversee internal testing of AML/CFT systems and respond to external audit findings. Maintain comprehensive and audit-ready records in line with statutory obligations. Lead the development of remediation plans following audit or regulatory findings.

Qualifications

& Experience Requirement Details Education Bachelor’s degree in Law, Finance, Business, or a related field Certifications ACAMS, ICA, ACFCS, or equivalent AML qualification (preferred) Experience 5+ years of experience in AML/CFT compliance roles in financial services Regulatory Exposure Strong track record engaging with regulators, particularly within the NZ environment Technical Proficiency Knowledge of SAR/PTR filings, CDD/EDD, sanctions compliance, risk profiling Communication Excellent verbal and written communication with ability to simplify complex guidance Analytical Skills High attention to detail, strong analytical thinking, and risk-based decision-making Key Competencies In-depth understanding of New Zealand AML/CFT legislation and FATF standards Experience preparing for and responding to regulatory audits and reviews Strong stakeholder engagement and cross-functional collaboration Proven ability to interpret regulatory requirements and apply them operationally Resilience under pressure, with capability to manage multiple regulatory deadlines Strategic Relevance to ACE’s Global Compliance Transformation This 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 governance Supporting global licensing and AML/CFT obligations Integrating AI-driven monitoring tools and real-time compliance controls Promoting ethical conduct and compliance-first culture within a rapidly growing fintech Explore more about ACE Money Transfer: https://acemoneytransfer.

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