AML Compliance Officer
You will lead the AML function of the Legal and GRC Department. You'll research, assess, implement, and manage financial services regulations, laws and procedures, consumer protection and other applicable laws. You'll implement the organization's Anti-Money Laundering program, develop sound KYC/KYB frameworks, and ensure ongoing monitoring and review. You will assist with issue escalations to the Head of Legal and GRC, recommend further due diligence where required, and work closely with other teams to oversee AML compliance procedures and advise on anti-money laundering queries. You'll review accounts with red flags, assess necessary actions, and ensure operational processes are compliant, sufficient, and documented.
Responsibilities
- Lead the AML function of the Legal and GRC Department
- Research, assess, implement, and manage financial services regulations, laws, and procedures, consumer protection and other applicable laws
- Implement the Anti-Money Laundering program of the organization
- Develop and implement sound KYC/KYB frameworks and ensure ongoing monitoring and review
- Assist with issue escalations to the Head of Legal and GRC
- Recommend further due diligence where required
- Work closely with other teams in overseeing AML compliance procedures and advise on anti-money laundering queries
- Review accounts with red flags and assess the need to apply necessary actions
- Ensure operational processes are compliant, sufficient, and documented
Requirements
- Graduated from a 4-year business, accounting, law or similar course from a reputable institution
- A minimum of five (5) years of experience relative to Regulatory and AML Compliance and/or system audit, in the Banking/Financial Services Industry
- Experience from Fintech industry is a plus
- Strong knowledge in local regulatory requirements of the BSP and AMLC
- CAMS certification is desirable
- Proven experience working with teams or organization during a BSP / AMLC regulatory audit is preferred
- Excellent oral and written communication and interpersonal skills
- Good organizational skills, ability to prioritize, manage multiple tasks, adhere to strict deadlines