Lead the AML Advisory & Transaction Monitoring Team, developing policies, overseeing compliance, and enhancing staff training on AML/TF best practices.
Job responsibilities:
- Lead the Regional AML Advisory & Transaction Monitoring Team, providing strategic direction and oversight.
- Develop and implement AML/TF policies and procedures in line with APAC regulations and global standards.
- Advise senior management on AML/TF risks and regulatory developments, ensuring proactive risk management.
- Oversee transaction monitoring processes, ensuring effective detection and reporting of suspicious activities.
- Collaborate with business units to ensure compliance with AML/TF regulations across all banking products and services.
- Conduct regular training and awareness programs for staff on AML/TF compliance and best practices.
- Liaise with regulatory bodies and industry groups to stay informed of changes in the AML/TF landscape.
- Prepare and present reports on AML/TF compliance to senior management and regulatory authorities.
Job requirements:
- 10+ years’ experience in Compliance / AML areas with exposure to Transaction Monitoring and AML in an international banking organization(s).
- Excellent working knowledge of APAC regulations as well as their practical application.
- Senior professional with AML/TF related industry experience, with a good understanding of the AML/TF environment.
- Good understanding in Wealth Management/Private Banking business and products.
- Prior experience in other bank business lines such as Corporate and Institutional Banking, Correspondent Banking, or Global Markets is a plus.
- Knowledge of Corporate and Institutional Banking Products such as Cash Management, Trade, Securities, Correspondent Banking, etc.
- Candidates with related AML Qualifications such as ICT diploma in AML and/or ACAMS will have added advantage.
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