Description Primary Objective: To ensure that the organization has systems of internal control and policies that adequately measure and manage the risks that it faces with compliance to the relevant laws and regulations and internal procedures and conduct training on AML/CFT for RHB Banking Group.To assist the Head of Group AML Policy & Knowledge Management in strategize, develop, manage and implement the supervision and monitoring of regulatory compliance practices throughout the Countries within RHB Group through an independent validation and verification based on a risk-based approach.Formulation of compliance plans and/or surveillance tools and methodology in accordance to the peculiarities of each Country.To assist in the execution of relevant compliance functions needed by any country in a situation whereby there is an absence of a Compliance officer (resignation etc.
).Key Responsibilities: 1) Review and perform gap analysis on new/revised AML/CFT related laws, regulations and guidelines issued by regulators against RHB Banking Group's policy and procedures.
2) Conduct research on the updates, development and cases related to AML/CFT for the RHB Banking Group's awareness program.
3) To provide advice on AML/CFT related internal controls for the following: a.
Policies & Procedures.
b.
Processes.
c. Products.
4) Assist FI Solution in performing AML/CFT due diligence and attend to CDD queries by/for correspondent banks to avoid exposure to any ML/TF threat in relation to relationship with correspondent banks.
5) Perform general secretariat roles for Group AML Practice and AML Practice Review Committee.
6) Perform advisory/support on AML/CFT on all Regional Bank Subsidiaries, Branches & IB offices.
7) Ensuring standardization of regional AML/CFT requirements on Policy & Procedures as per Group AML/CFT documents.
8) Provide guidance/advisory to regional team in mitigating and assisting on rectification of any findings of non-compliance issues by GIA, Compliance Review and/or Regulatory Audit.
9) Review AML/CFT Gap Analysis performed by the ECO's and monitoring the closing of gaps; 10) Other ad hoc task required and/or determined by Department Head.
Requirements Requirements: Bachelor Degree - Minimum Degree in a related field.
- Certificate of Anti-Money Laundering and Counter Financing of Terrorism (Asian Institute of Chartered Bankers)Minimum Degree in a related field and at least 1 year experience in compliance, internal audit or risk management.Microsoft OfficeGood communication and interpersonal skillsAnalytical skill Benefits Dental, Education support, Miscellaneous allowance, Medical, Loans, Sports (e.g.
Gym), Parking, Vision, Regular hours, Mondays - Fridays, Casual Business Wear, Performance Based Rewards
