This role sits within the AFC AML/CFT Policy, Advisory and Training (PAT) function under Overseas Compliance Management (OCM). The role supports overseas entities on Anti-Financial Crime matters by providing policy advisory, governance oversight, and strategic guidance to ensure consistent implementation of AML/CFT standards across the Group.
Key Responsibilities
AFC Strategy and Governance
- Support the Head of AFC Advisory in developing and executing the overall AFC compliance engagement strategy for overseas entities.
- Ensure overseas entities implement AML/CFT standards in line with Group policies, regulatory expectations, and risk appetite.
- Promote consistent application of sound risk management principles across jurisdictions.
Policy Advisory and Subject Matter Expertise
- Act as a subject matter expert on financial crime regulatory frameworks applicable to overseas entities.
- Provide advisory support on new regulatory developments and internal AFC policy requirements.
- Support overseas compliance teams in designing and implementing effective AML/CFT control frameworks.
Oversight and Escalation Management
- Manage AFC-related escalations from overseas entities and ensure timely responses.
- Provide recommendations on escalation matters and coordinate inputs from relevant AFC subject matter experts.
- Track remediation actions arising from identified issues and escalate deficiencies where required.
Stakeholder Engagement and Coordination
- Build and maintain strong working relationships with overseas compliance teams and Line 1 units.
- Ensure effective connectivity between Head Office and overseas entities on AFC-related matters.
- Facilitate consistent sharing of issues, lessons learned, and remediation practices across entities.
Management Information and Reporting
- Develop metrics and management information on overseas AFC frameworks and operations.
- Prepare materials and reports for Senior Management and governance committees.
Job Requirements
Education and Experience
- Bachelor's degree or relevant professional qualification.
- MBA or Master's degree in Business, Accounting, Legal or related field is preferred.
- 35 years of experience in the financial industry with a focus on financial crime.
Technical and Functional Knowledge
- Strong knowledge of financial crime regulatory frameworks.
- Experience in AFC control and policy design and implementation.
- Good understanding of retail and wholesale banking products.
- Experience in writing, owning, and operationalizing compliance policies within a banking environment.
