AML Compliance

Our Client, a leading global financial institution with a strong presence in the banking sector. With a rich history spanning decades, they have established itself as a trusted partner for individuals, corporations, and institutions worldwide.

• Control and notify review schedule of customer's AML risk rating review.

• Monitor changes of law, HOP and to establish and review procedures related to KYC/CDD.

• Provide training and respond to consultations related to KYC/CDD.

• Handle correspondent bank establishment of relationship as well as inquiries from correspondent bank counterparties and perform AML/CFT Risk Management of correspondent counterparties according to procedures.

• Conduct Company-wide risk assessment.

• Coordinate AML onsite examination, audit and inspection related to KYC/CDD.

• Handle AML related projects and new activities i.e. Global Minimum Standard, Common Reporting Standard/FATCA, Global Setting for Sanction Testing (STS) project, AML/CFT Framework and AML validation project, etc.

• Other tasks as assigned by superiors.

• Bachelor's Degree or higher in Law, Finance or other related fields.
• 7 years in Banking, Compliance, Lawyer, Risk Management or related fields.
• Excellent in English Communication.
• Strong understanding of AML (Anti-Money Laundering) regulations and risk management practices.
• Ability to conduct training on KYC/CDD processes.
• Manage relationships with correspondent banks and handle inquiries from counterparts, while ensuring compliance with AML/CFT (Counter Financing of Terrorism) regulations.
• Coordinate with ML-related examinations, audits, and inspections.
• Ability to adapt to changing priorities and work effectively within a team.
• Relevant certifications or qualifications in AML/CFT are advantage.