AML Compliance Specialist

10 hours agoSenior Taguig City, Metro Manila, Philippines Onsite Full Time Auditing Jobs by Coins

Skills

Policy Implementation Cdd Regulatory Compliance Audit Reporting Analysis Aml Compliance Monitoring Report Risk Assessment Kyc Edd Threshold Tuning Root-Cause Analysis

About the Role

You will assist the MLRO in detecting, mitigating, and managing AML compliance breaches, and in conducting root cause and impact analysis of any identified issues. You will help assess the company's current KYC/CDD/EDD processes and controls, identify gaps, and recommend solutions. You will support various aspects of managing AML regulatory reviews and AML compliance-related audits, and participate in AML related projects such as process improvement and system implementation. You will assist in setting and tuning thresholds for AML/CTF related systems, and support efforts to assess the impact of AML requirements on existing policies and procedures, implementing changes to ensure compliance. You will help perform gap and risk impact analysis on current and incoming regulations, assist auditors during periodic audits, and contribute to producing monitoring and MI reports for business units and management related to AML compliance monitoring and review, including analyzing the background of new and existing customers.

Requirements

Minimum of 2 years of related work experience
Steadfast in convictions and assertive; able to communicate to management the importance of AML compliance
Leadership presence, ability to assess risk, strong business acumen
Strategic thinker, with the ability to make decisions under pressure and in a fast-paced environment
Detail-oriented with excellent analytical skills
Regulatory Compliance experience is an advantage

Responsibilities

Assist the MLRO in detecting, mitigating, and managing AML compliance breaches
Conduct root cause and impact analysis of identified compliance breaches
Assess the company's current KYC/CDD/EDD process and controls and identify gaps
Recommend solutions to address identified gaps
Manage aspects of AML regulatory reviews and AML compliance-related audits
Participate and support AML related projects such as process improvement and system implementation
Set and tune thresholds for AML/CTF related systems
Assess potential impact of AML requirements on existing policies and procedures
Implement changes and improvements to existing controls to ensure compliance
Perform gap and risk impact analysis on current and incoming regulation
Assist BSP, internal auditors, and external auditors in conducting periodic audits
Produce and issue monitoring reports and MI reports to business units and management
Analyze the background of new and existing customers