Assist in managing regulatory projects and drive through regulatory and compliance-related risk initiatives
Highlight new regulations and regulatory expectations to senior management, and help operationalize, where necessary
Support Compliance monitoring and testing, identifying any compliance gaps in both business or internal processes and workflows, and making recommendations for remediation or improvement
Support in regulatory inspections and audits, and monitor remediation plans
Manage relevant compliance risks including but not limited to outsourcing, incident management etc.
Production of both routine and ad-hoc management reports for various internal forums including the Compliance Committees
Develop, review and enhance internal policies and procedures to ensure compliance with regulatory requirements
Perform oversight and quality assurance role, and advisory support of outsourced activities relating to transaction monitoring and customer name screening.
Undertake investigations into any suspicious transactions reported by internal (e.g. staff or alerts from the AML/CFT/Sanctions monitoring solutions escalated by the outsourced service provider etc.) or external (e.g. regulatory requests or production orders etc.) triggers. Where necessary, support the MLRO in drafting the appropriate Suspicious Transaction Report
Assists in ongoing optimization, fine-tuning and validation work of the AML transaction monitoring system
Requirements
Ideally have previous relevant experience in financial services in a similar position with a detailed knowledge of local regulations.
Strong project management and influencing skills, particularly with exposure to regulatory projects and oversight roles.
Applicants are proficient in structured analysis and team working
Strong stakeholder and relationship management skills
Self-driven and able to deliver outcome under minimal supervision
Strong presentation, business writing and professional standards
