Retail Banking Compliance Officer
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Job Summary
Support branch operations and compliance by managing customer complaints, AML/KYC adherence, regulatory submissions, and operational risk activities to ensure efficient banking processes and regulatory compliance.
Responsibilities
- Provide operational and administrative support to branches to ensure smooth daily banking operations and compliance with policies and regulations
- Conduct branch operational training and inspections to promote adherence to internal procedures and regulatory requirements
- Identify operational issues, coordinate corrective actions with stakeholders, and monitor resolution progress
- Manage customer complaints by acknowledging and responding within deadlines, investigating root causes, and recommending corrective actions
- Maintain accurate records of complaints, investigations, and resolutions, and analyse complaint trends for internal reporting
- Provide guidance and advisory support on AML/CFT requirements and internal procedures to branches and stakeholders
- Monitor KYC review progress, follow up on outstanding requirements, and conduct AML sample checks with follow-up on findings
- Support Enhanced Due Diligence reviews and assist with Suspicious Transaction Report matters per regulatory and internal standards
- Coordinate regulatory and Head Office submissions, ensuring accurate and timely information delivery
- Monitor regulatory developments and disseminate updates to branches and internal teams
- Provide compliance advisory support on regulatory requirements, policies, and procedures, and follow up on compliance tasks
- Support compliance reviews, internal reporting, and related activities as needed
- Assist Business Continuity Management activities and documentation
- Coordinate Risk and Control Self-Assessment exercises and follow up on identified risks and control gaps
- Monitor Key Risk Indicators and support preparation of operational risk reports
- Record, assess, and follow up on operational risk events
- Support Third-Party Risk Management activities including risk assessments and monitoring
- Conduct or coordinate Business System User Access Reviews to ensure appropriate access controls and policy compliance
- Communicate effectively with branch personnel and cross-functional teams to facilitate operational and compliance objectives
- Manage multiple tasks under pressure while maintaining accuracy, attention to detail, and meeting deadlines
Required competencies and certifications
- Bachelor’s degree in Banking and Finance, Business, or a related discipline
Preferred competencies and qualifications
- 1–2 years of relevant experience in the banking industry
- Experience in retail banking operations, AML/CFT, KYC, regulatory compliance, customer complaint handling, or operational risk management
Other Information
- Good command of English for documentation, reporting, and business communication
- Proficiency in written and spoken Mandarin to communicate with Mandarin-speaking stakeholders as required for effective collaboration