AML Compliance - CDD Advisory Lead - Compliance, MariBank

What you'll do

The AML Compliance - CDD Advisory Specialist will be responsible for:

A. Compliance Framework

• Assisting the Head of AML Compliance in providing support to the internal and external stakeholders by providing advisory on matters in relation to AML/CTPF considerations as outlined in the applicable AML/CTPF laws, regulations, memoranda, circulars, and their respective implementing rules and regulations.
• Monitoring new AML/CTPF regulatory issuances and provides initial draft impact assessment on banking-activities, products and services, including those that are in the development phase including the cascading to relevant Business Units upon review and clearance by the Head of AML Compliance and/or CCO
• Assisting development and implementation of the Bank’s MTPP and other applicable SOPs in relation to AML/CTPF obligations, in relation to Customer Due Diligence requirements.

B. Advisory and Regulatory Obligations

• Addressing and monitoring responses and/or actions taken by the Unit and other relevant units of the Bank to address internal audit and BSP findings in relation CDD in a timely manner
• Performing compliance assessment on the customers deemed to have a higher risk of ML/TF by conducting L3 review on the customer profile.
• Maintaining the relevant compliance registers and watchlists in relation to Customer Due Diligence obligations (i.e. PEP Register, EDD Register, Bank watchlists)
• Conducting regular reviews and assessments of existing CDD processes, identifying areas for improvement and implementing enhancements as needed.

C. Compliance Training

• Facilitating ML/TF/PF/Sanctions trainings, both for new hires and refreshers for incumbent employees, including Senior Management and Board of Directors, to ensure that all personnel of the Bank is up-to-date on AML/CTPF laws, rules, regulations, and standards

D. Management Reporting

• Providing reliable and timely reports to Senior Management and the Board of Directors thru the AML Compliance Head and/or CCO, including appropriate recommendations to address gaps identified.

Requirements

• Graduate of Bachelor's Degree / 4-Year Course in Banking and Finance or other related courses
• At least 6 years of experience in Compliance and AML/CTPF in local banking industry
• Must have excellent communication and writing skills and effective presentation and facilitation skills
• Effective stakeholder management
• With strong analytical and critical thinking and is detailed-oriented
• Has sound risk assessment capabilities
• Must have high ethical standards and commitment to maintaining integrity of the Bank's Money Laundering and Terrorist Financing Prevention Program
• Preferably, with external/international certifications on AML/CTPF programs and/or bodies