AML Compliance Officer
Lead the AML function within the Legal and GRC Department, manage applicable financial services regulations and procedures, implement the organization's Anti-Money Laundering program, develop KYC/KYB frameworks, support escalations, oversee compliance procedures, conduct due diligence and red-flag account reviews, and ensure operational processes are compliant and documented.
Responsibilities
- Lead the AML function of the Legal and GRC Department
- Research, assess, implement, and manage financial services regulations, laws, and procedures, consumer protection and other applicable laws
- Implement the Anti-Money Laundering program of the organization
- Develop and implement sound KYC/KYB frameworks and ensure ongoing monitoring and review
- Assist with issue escalations to the Head of Legal and GRC
- Recommend further due diligence where required
- Work closely with other teams in overseeing AML compliance procedures and advise on anti-money laundering queries
- Review accounts with red flags and assess the need to apply necessary actions
- Ensure operational processes are compliant, sufficient, and documented
Requirements
- Graduated from a 4-year business, accounting, law or similar course from a reputable institution
- At least five years of experience in regulatory and AML compliance and/or system audit in the banking or financial services industry
- Fintech industry experience is a plus
- Strong knowledge of local BSP and AMLC regulatory requirements
- CAMS certification is desirable
- Experience working with teams or organizations during a BSP or AMLC regulatory audit is preferred
- Excellent oral and written communication and interpersonal skills
- Good organizational skills and ability to prioritize, manage multiple tasks, and adhere to strict deadlines