Compliance & AML Officer

Responsibilities:

• Identify and assess the compliance & AML risks applicable to the business.
• Discuss promptly with the business unit Manager any compliance or regulatory issues arising in the business unit; report the issue in the appropriate log/ database; and agree the corrective action to be taken including responsibility, timelines and review date.
• Identify the laws/regulations that are applicable to the Company.
• Attend business unit Executive meetings, which would have discussion on transitions, process improvements, way forward etc.
• Liaise with and assist the Compliance Monitoring team members in carrying out their monitoring reviews and other work, as required.
• Supervising and providing functional management and support/cooperate with other compliance officer and/or Money Laundering Reporting Officers within the group.
• Manage internal relationships and Maintain positive relationships with business unit heads and associates to assist the interface between compliance and the business.
• Foster close relationships with other business support areas.
• Co-ordinate with Internal Audit and External Audit on those activities that cover Compliance & AML obligations (during a review and in an ongoing way).
• Coordinating and managing in cooperation the management the Anti-Money Laundering & Combating Terrorism program within the Company.
• Cooperate and coordinate with regulators/ Inspectors regarding regulatory and Money laundering inspection audit.
• Drafting and Implementing AML and CFT policies and procedures company-wide to minimise ML and FT risks.
• Monitoring & Screening: to align requirements with renowned sanctioned system and lists.
• Established a risk-based approach, new policies and procedures.
• Stay updated on newly-established and/or amended laws and regulations to ensure swift adoption and integration.

Qualifications:

1. Bachelors/Masters Degree in business administration, law or related field
2. A recognized compliance and AML professional qualification at certificate level.
3. knowledge of regulatory framework