AMLCO (Anti-Money Laundering Compliance Officer)

Department: Compliance
Location: Auckland, New Zealand
Reporting To: Regional Head of Compliance / Group Chief Compliance Officer

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.

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.

• 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.

• 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.

• 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.

• Maintain and regularly update AML/CFT policies, procedures, and controls.

• Ensure integration of group-wide compliance frameworks into local operations.

• Design and deliver AML/CFT training programs for staff, management, and agents.

• Promote a strong culture of compliance and ethical conduct across business functions.

• 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.

• 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

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.com/company-profile