Regional AML Advisory & Transaction Monitoring Officer - One year contract

Responsibilities

• Prioritization and time management: Adhere to high standards of time management to meet internal timeline requirement and contribute to the overall timeframe management of L2 investigations.
• Conduct Due Diligence: Review, analyze, and provide opinions supported by sound transaction due diligence analysis to local MLROs in APAC on third-party payments.
• Coordinate with Internal Teams: Act as the main point of contact with internal investigation teams to perform investigations (e.g., lookback) for the APAC region. Inform appropriate personnel where further investigation and report filings may be necessary.
• Provide Advisory Support: Offer advisory support to senior/regional management, Territory Compliance teams, businesses, and functions in the APAC region on AML/CTF matters and payment transparency issues.
• Participate in Projects and Inspections: Coordinate and participate in ad hoc projects, risk assessments, and audit/regulatory inspections.
• Stay Informed: Maintain a current understanding of money laundering and terrorist financing issues, including policies, procedures, regulations, industry best practices, criminal typologies, and developing trends.
• Identify Procedural Weaknesses: Assist in identifying systemic procedural weaknesses and additional training requirements, particularly in identifying and reporting suspicious activities and transactions.
• AML Advisory & Framework: Participate in adhoc reviews, check & challenge exercise, process implementations within APAC, and any other activity pertaining to AML Framework.
• Support the Head of APAC AML-TM Level 2 Hub: Provide support to the Head of APAC AML-TM Level 2 Hub.

Requirements

• University graduate with relevant professional qualifications (Economics, Banking, Law).
• Good knowledge of key corporate and investment banking products, including cash management, debt capital markets, trade finance, and structured finance transactions.
• Understanding of Correspondent Banking and Security Services products.
• Good understanding in WM/PB business and products.
• Excellent knowledge of the evolving international AML/CFT standards (FATF, EU directives) and key developments.
• Strong understanding of the main AML laws and regulations in APAC, with a focus on Hong Kong and Singapore.
• Understanding

Additional Information

Reports to APAC Financial Security Head of AML/CTF L2 Hub Position The Compliance function is central to an organization's risk management framework. As a key pillar of the internal control environment, Compliance teams work independently and in close partnership with the business to support evolving activities and regulatory requirements. They help safeguard the organization's reputation and maintain client trust through strong oversight of non-compliance risks. The Regional AML Advisory & Transaction Monitoring Officer (Investigator) plays a key role in our financial security framework by conducting in-depth investigations of alerts escalated from the AML L1 team, Unusual Activity Reports received from the Business and other Group Financial Security teams, as well as External Triggers from regulatory and law enforcement agencies. This crucial position involves making sound decisions on whether to close cases or escalate them to the AML L3 Local Compliance Teams for further investigations, particularly when there is a need to file Suspicious Activity Reports or when the Group's risk appetite appears exceeded.

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