Compliance Risk Manager (CRM)
The Compliance Risk Manager will design and monitor internal Anti-Money Laundering procedures and policies, support regulatory inspections, conduct due diligence reviews, develop training materials, advise senior management, manage compliance activities, perform quality assurance, and compile compliance reports.
Responsibilities
- Prepare and manage inspections by the Regulator
- Research and understand changes in regulation
- Develop and oversee implementation of AML policies
- Develop AML guidance materials, training resources and controls
- Update internal handbook on AML policies
- Advise and update senior management and the compliance team on policy implications
- Implement the annual AML plan and perform quality assurance checks
- Conduct due diligence reviews
- Report results of AML risk assessments and monitor remedial proceedings
- Identify, investigate and resolve non-compliant activities
- Review and approve advertisements for publishing and broadcasting
- Plan and keep records of annual and ongoing AML training sessions
- Provide advice on implications of future business strategies
- Act as a subject matter expert and point of reference for compliance queries
- Inform senior management and the Compliance Officer on relevant breaches
- Assist in compiling reports for the board and internal risk committees
- Address transaction monitoring, filtering, PEP, adverse media and sanctions issues
- Manage day-to-day compliance team activities, including meetings, training and onboarding
- Assist HR in recruitment for the compliance department
- Report and monitor investor and client onboarding KPIs
- Support development of compliance technologies and RegTech quality assurance
Requirements
- Graduate degree in business studies, law, accounting or specific training in risk management
- Background in investment, banking, insurance or law enforcement
- Excellent verbal and written communication skills in English
- Spanish and Filipino communication skills desirable but not essential
- Excellent interpersonal and presentation skills
- Analytical, investigative and enquiring mindset
- Systematic approach to work and strong attention to detail
- Exceptional report writing skills
- Tech savvy and proficient with modern technologies
- Extensive knowledge of relevant regulatory and legal frameworks
- Ability to multi-task and prioritise
- Ability to maintain strict confidentiality