Job Description

Roles & Responsibilities

• Develop, implement, review, and enhance AML, CTF, CPF, FATCA, and CRS policies and procedures.
• Provide compliance oversight, guidance, and governance of all applicable regulatory requirements.
• Regularly coordinate and follow up with internal departments to obtain required due diligence documents and resolve complex compliance-related issues.
• Execute and oversee due diligence activities in accordance with defined processes and applicable regulatory guidelines.
• Conduct and review enterprise-wide risk assessments and client risk assessments in accordance with established procedures and regulatory requirements.
• Monitor and ensure that relevant documentation is maintained in accordance with the record retention policy.
• Ensure all reporting timelines are met in accordance with agreed Turnaround Times (TATs) and escalate delays where necessary.
• Support and provide input into the screening and transaction monitoring systems review, enhancement, and implementation.
• Identify and assess red flags, control gaps, and compliance issues relating to KYC and client onboarding.
• Conduct complex investigations and prepare Suspicious Activity Reports (SARs) and Suspicious Transaction Reports (STRs), including reviewing cases prepared by team members.
• Liaise with regulators and supervisors in connection with the AML, CTF, CPF, FATCA, and CRS program and related regulatory matters.
• Build and maintain 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, track, and resolve related open issues in a timely and effective manner.
• Provide AML, CTF, CPF, FATCA, and CRS compliance advice to business units and support the Compliance Committee by organizing and participating in Compliance Committee meetings.
• Ensure the timely and accurate filing of regulatory reports with the relevant regulator.
• Develop training materials, deliver training sessions, and provide guidance relating to AML, CTF, CPF, FATCA, and CRS requirements.
• Assist in the planning, execution, and review of AML, CTF, CPF, FATCA, and CRS compliance reviews, including the analysis of results and recommendations.
• Work with business lines during testing to understand control processes, identify control deficiencies, and support the implementation of corrective action plans.
• Communicate and present compliance matters to various levels of management to ensure compliance with applicable regulatory and internal requirements.
• Maintain ongoing awareness and expert 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 and provide recommendations on high-risk relationships, particularly cases escalated to Senior Management, and ensure that all relevant risks are appropriately highlighted for management sign-off.
• Support the AML Manager/MLRO in regulatory examinations, audits, compliance monitoring activities, and implementation of remediation actions.
• Provide guidance and mentoring to AML Analysts and support knowledge sharing within the compliance team.