AVP, Financial Crime Compliance

In this role, you will assist the Vice President Financial Crime Compliance in managing the risks of money laundering, terrorism financing and sanctions.

Key Responsibilities

• Responsible to develop and implement an enterprise-wide Anti-Money Laundering and Terrorism Financing (AML/CFT) and Sanctions programs;
• Work collaboratively with the internal stakeholders to identify and manage money laundering, terrorism financing and sanction risks;
• Develop, maintain and review AML/CFT and sanctions related frameworks, policies, procedures and processes;
• Provide advisory to Business Units and Operations for customer due diligence and new product assessment from ML/TF and Sanctions risk perspectives;
• Review and assess the alerts generated by the name screening and transaction monitoring systems, as well as to contribute to the ongoing fine-tuning of thresholds and parameters within the monitoring systems;
• Perform ongoing trend analysis and monitoring on higher risk customers;
• Conduct investigation into suspicious activities/trend as well as to lodging STR with the local authority;
• Provide relevant advisories to business/support units on matters arising from ML/TF and fraud related reviews and investigations conducted;
• Liaise with government/law enforcement agencies on information requests;
• Ensure proper documentation and record keeping of reviews and investigation cases in accordance to Group standards;
• Provide inputs and support to strengthen the AML/CFT monitoring and procedures;
• Manage monthly compliance reporting to Senior Management and Board; and
• Drive adhoc compliance projects assigned including transformation initatives, system implementation andengagement of business stakeholders for successful implementation.

Requirements

• A relevant degree in related discipline accounting, finance, financial analysis, economics and business;
• Possess a Certified Money Laundering Specialists (ACAMS) certification or a Diploma in AML with the International Compliance Association;
• Minimum 8 years of relevant working experience in financial crime/fraud surveillance/AML;
• Experience in financial institutions, law enforcement, intelligence/analysis, or regulatory environment is preferred;
• Must be well-organized, have the ability to work under tight deadlines, make decisions, and collaborate well with larger Compliance team;
• Proven ability to engage, collaborate, influence and negotiate with key senior stakeholders.
• Possess strong analytical skills, paying careful and particular attention to detail.
• Excellent problem-solving skills, ability to prioritise and manage multiple tasks assigned.
• Strong in documentation and report writing skills.
• Self-motivated with a strong work ethic and the ability to work independently.