Assist the Compliance Department in the development and implementation of AML, CTF, CPF, FATCA, and CRS policies and procedures.
Regularly coordinate and follow up with internal departments to obtain required due diligence documents.
Execute due diligence activities in accordance with defined processes and applicable regulatory guidelines.
Complete enterprise-wide risk assessments and client risk assessments in accordance with established procedures and regulatory requirements.
Track and manage relevant documentation in accordance with the record retention policy.
Ensure all reporting timelines are met in accordance with agreed Turnaround Times (TATs).
Support the screening and transaction monitoring systems review and implementation.
Identify red flags and control issues relating to KYC and client onboarding.
Conduct investigations and prepare Suspicious Activity Reports (SARs) and Suspicious Transaction Reports (STRs).
Liaise with regulators and supervisors in connection with the AML, CTF, CPF, FATCA, CRS program and related regulatory matters.
Build strong partnerships with Internal Audit, Operations, Business Development, and other stakeholders in connection with the AML, CTF, CPF, FATCA, and CRS programs.
Work with leaders across the organization to address and resolve related open issues in a timely and effective manner.
Seek AML, CTF, CPF, FATCA, and CRS compliance advice from the Compliance Committee, and organize and participate in Compliance Committee meetings.
Ensure the timely filing of regulatory reports with the relevant regulator.
Develop training presentations and conduct training relating to AML, CTF, CPF, FATCA, and CRS.
Assist in the planning and execution of AML, CTF, CPF, FATCA, and CRS compliance reviews, including the analysis of results.
Work with business lines during testing to understand control processes and identify action plans to address control deficiencies.
Communicate with various levels of management to ensure compliance with applicable regulatory and internal requirements.
Maintain ongoing awareness and current knowledge of all applicable internal and external AML, CTF, CPF, FATCA, and CRS regulatory requirements, and identify any issues that could impact the Institution.
Review high-risk relationships, particularly cases escalated to Senior Management, and ensure that all relevant risks are appropriately highlighted for management sign-off.
Desired Candidate Profile
Minimum of 3 years of AML, CTF, CPF, FATCA, and CRS compliance experience in the banking, insurance, or related industries.
Bachelor’s degree in finance, Law, Commerce, or Business Administration.
Language Skills: Excellent oral and written English communication skills.
Excellent organizational skills, with the ability to prioritize workload, demonstrate resilience, and work effectively under pressure.
Excellent interpersonal skills, with the ability to communicate confidently with various levels of management.
Strong AML, CTF, CPF, FATCA, and CRS analytical skills, with a good knowledge and understanding of industry best practices, internal controls, and regulatory requirements.
Knowledge of transaction monitoring systems and screening tools.
Knowledge of applicable laws, decisions, resolutions, guidelines, and regulatory requirements relating to AML, CTF, CPF, FATCA, and CRS.