The successful candidate will join the Business Risk and Control Management (BRCM) - Anti-Financial Crime team within Group Retail (GR), supporting a wide range of banking segments and products. This role focuses on managing AML risks, strengthening governance, and ensuring compliance with regulatory requirements.
Key Responsibilities:
- Formulate, implement, and strengthen governance over risk frameworks, policies, and procedures to ensure compliance with all applicable legislations, including Anti-Money Laundering (AML) regulations.
- Liaise with internal stakeholders to identify priority areas for review based on control criticality, emerging risks, and regulatory focus.
- Provide effective challenge and advisories on existing controls and AML policies.
- Review and monitor GR's AML policies and guidelines, ensuring adherence and effectiveness.
- Collaborate with multiple internal stakeholders to deliver desired outcomes and coordinate risk-related initiatives.
- Identify key emerging risks within GR or the industry and recommend risk mitigation measures or controls.
- Ensure risk issues highlighted by various risk functions (e.g., Group Compliance, Group Audit) are addressed and communicated appropriately.
- Work with Group Compliance and other internal risk departments to coordinate activities, avoid duplication, and improve overall effectiveness.
- Partner with Business Units and GR Data Analytics teams on risk management initiatives to enhance operational efficiency and proactive risk identification.
- Support Business Units/Support Units in risk identification, escalation, and remediation processes.
- Monitor the effectiveness of controls via dashboards, audit reports, and fair dealing scorecards.
- Prepare comprehensive risk management reports for internal stakeholders.
- Provide guidance to BRCMs in overseas locations and share best practices and implementation insights across the Group.
- Articulate and present risk-related matters to senior internal and external stakeholders, including regulators and external auditors.
- Keep GR informed of latest developments and best practices in risk management and regulatory compliance.
- Conduct training sessions as required to enhance awareness and compliance culture.
Skills & Competencies:
- Strong knowledge of Anti-Money Laundering (AML) regulations and financial crime risk management.
- Understanding of banking products and retail banking segments.
- Experience in risk assessment, control testing, and risk reporting.
- Ability to identify emerging risks and recommend mitigation strategies.
- Strong written and verbal communication skills able to engage and influence senior stakeholders, regulators, and auditors.
- Proficient in Microsoft 365 applications (Word, Excel-charts, pivot tables, formulas, PowerPoint) familiarity with Power BI or other analytics tools is a plus.
- Collaborative and proactive with strong stakeholder management skills.
- Ability to conduct training sessions and guide regional teams on risk management initiatives.
- Familiarity with risk dashboards, data visualization, and reporting tools.
