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Anti Money Laundering Reporting Officer

Job Category:

Finance

Job Level:

Executive

Open Date:

02-Dec-2019

Location:

TAGUIG CITY

Close date:

31-Mar-2020

Client Industry:

BANKING

Job Description and Qualification:

Responsibilities:
  • Provide advice to Business on key requirements in accordance with AML & Sanctions policies and procedures.
  • Provide guidance on the assessment of AML risks eg. PEP, Adverse news, Tax risk, Sanctions etc., as well as mitigation of red flags.
  • Assist in approvals of Customer Due Diligence (CDD) files and Transactional Due Diligence (TDD) alerts, including assessment of Screenings & Sanctions hits.
  • Review and investigate unusual behavior in post-transaction monitoring, including design & testing of system scenarios.
  • Provide feedback & training to Business & CDD processing analysts on focus areas.
  • Provide support to CCO on AML & Sanctions queries.
  • Any other related tasks such as conducting risk assessments, update of policy manuals, etc.
Requirements:
  • Prior experience in interpretation and application of AML laws & regulations, in particular recent developments from FATF recommendations.
  • Knowledge and experience in Sanctions assessments & developments.
  • Ability to work independently in CDD and other AML monitoring and advisory activities.
  • The candidate must have excellent communication skills and the ability to build rapport with the CDD processing teams & Business staff.
  • Knowledge of Wholesale Banking products and/or FATCA and/or CRS will be an advantage.

Salary:

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