AVP, Group Financial Crime Compliance Advisory
Job details
Why join In this ever-evolving financial crime landscape, you will have the opportunity to work closely and collaborate with various business units to combat financial crime together. As a key financial crime compliance advisory subject matter expert for the bank, your main role will involve providing guidance and expertise. You will be able to provide valuable insights and recommendations to mitigate risks and enhance the bank's financial crime prevention strategies. Your expertise will be instrumental in ensuring compliance with regulatory requirements and maintaining the bank's reputation as a trusted financial institution. How you succeed Collaboration and effective communication will be key aspects of your role, as you will work closely with various stakeholders across the organization. By fostering strong relationships and actively engaging with business units, you will contribute to a culture of compliance and create a united front against financial crime. Overall, as a financial crime compliance advisory subject matter expert, you will play a vital role in safeguarding the bank's integrity and protecting it from financial crime threats. Your dedication to staying informed and your ability to provide sound guidance will be crucial in maintaining a strong compliance framework in this dynamic landscape. What you do
- Review Customer Due Diligence assessments from business units for AML/CFT & sanctions risks.
- Review and incorporate latest regulatory requirements to Group CDD procedures.
- Provide sound regulatory advice for new product reviews and facilitate with AML projects including industry projects.
- Provide AML/CFT advisory to the Business units and be a subject matter expert on the interpretation of policies, procedures, and regulations in relations to AML, KYC and CDD
- Assist in reporting of relevant CDD and AML/CFT risk information to stakeholders.
- Identify compliance issues that require follow up or investigation and discuss emerging compliance issues with Business Units to keep up to date with AML/CFT and sanctions laws, regulations, and developments.
- Interact with Business Units for the implementation of procedures and execute oversight function to monitor
- Providing AML/CFT training to Business Unit or 1.5 Compliance unit when required
- Any other duties/assignments that are assigned by the line manager
- Min 5-6 years of relevant experience preferably in FCC advisory. ICA or ACAMS certified preferred.
- Able to multi-task and cope with change and diversity in a fast-paced environment.
- Able to articulate thought process clearly.
- Possess a strong analytical and problem-solving skills with excellent verbal/written communication and interpersonal skills.
- Possess strong project management skill.
- Proficient in MS Office applications such as Excel and PowerPoint.
- Team player, self-motivated and resourceful.
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