Sanaa Laroui

Job Scope: Build, enhance, and manage Global AML/CTF and Anti-Fraud Compliance Program of +500.000 retail and digital partnership for money transfer and payment businesses operating in 200 countries and accumulating $5.1 b in revenue.

• Created global compliance programs including minimum standards, AML program manual, onboarding, due diligence, monitoring, and training applicable for the oversight of +500.000 retail agents, third-party relationships, and digital partners and executed by +300 compliance officers across the globe.
• Developed the minimum compliance standards for omnichannel money service products such as mobile money transfers, multi-currency digital wallets, and payout channels in 130+ currencies into billions of bank accounts, millions of digital wallets, and cards in 120+ countries.
• Built a risk-based compliance program for open-loop business models to manage third-party AML compliance risks while driving growth, such as White label relationships, new digital partnerships in retail, telecom, and financial services, including cryptocurrency service providers.
• Designed outsourcing compliance programs and built teams responsible for the execution in 4 different hubs for 180 countries.
• Created a data-driven intelligence framework designed to demonstrate AML compliance program effectiveness, identify potential opportunities, assess associated risks, refine procedures, and monitor performance to ensure solutions remain compliant and effective.
• Acted as a chair to two compliance committees responsible for the governance and the collegial decision-making of third-party onboarding, recertification, and oversight

Job Scope: Build Shared Service centers to manage the regional AML Compliance functions in 148 countries with 200 + regional compliance officers.

• Created and implemented Compliance shared services centers (CSSC) responsible for executing strategic global compliance programs in the regions and supporting interaction-heavy compliance functions for the Middle East, Africa, APAC, CIS, and Latin America.
• Consolidated the operational compliance functions within the regions in two different shared services through centralized functions and contributed to cost reduction while increasing compliance processes' efficiency, program effectiveness, enhanced governance, and improved communication between regional and global.

Job Scope: Responsible for directing and overseeing the regional compliance team within the Anti-Money Laundering Compliance and providing leadership and guidance in delivering effective compliance programs, processes, and procedures and accomplishing compliance goals and strategies.

• Directed and established AML compliance programs of Western Union and its affiliates in 30+ countries in Africa, including onsite compliance program reviews, onboarding of new partners, due diligence, relationship monitoring, questionable activity, and fraud investigation.
• Maintained and facilitated the company's relationships with local regulators and policymakers in multiple jurisdictions.
• Leveraged Compliance program as a competitive advantage and unlocked global business opportunities.
• Acted as a trusted compliance advisor for regional business.
• Built and maintained the regulatory relationship in the region.

Job Scope: Functioned as the executive director, reporting to the Board of Director's chair and representing the Moroccan stock Market industry: broker-dealer's companies and financial investment advisers.

• Enforced compliance with the market laws and regulations by creating and implementing the industry oversight's minimum standards, policies and procedures, ethics rules, business standards, and internal controls frameworks.
• Represented the industry by engaging with main stakeholders and Government Affairs Committee to interface with lobbyists, local politicians, and government officials.
• Drafted proposals/white papers for new /amendment rules on behalf of the industry and influenced policymakers: e.g., the Long-term capital gains tax regulation, buy-back, and securities lending operations.
• Designed, implemented, and maintained continuing education and professional certification programs for the brokerage company's staff, which is still occurring as mandatory.
• Promoted the public profile of the Professional Association of Brokerage Companies by delivering speeches, writing articles, and presenting at industry conferences as the official spokesperson.

• Maintained the brokerage firm's compliance and Internal control framework to meet the Capital Markets regulation.