Job Description
Qualifications
- Conduct compliance monitoring and testing to identify and assess compliance risk including adequacy of internal controls put in place to manage those risks.
- Conduct risk assessment and develop compliance testing plan
- Prepare necessary planning and documentation for compliance testing, including review reports
- Work closely with stakeholders to ensure controls put in place are appropriate and monitor progress of remedial actions until satisfactory closure of issues
- Conduct inspection and prepare regular report to Parents Bank as per Parent Bank requirements and to Senior Management and Board on compliance risk issues and progress of remedial actions
- Provide training and guidance on relevant regulatory requirements and promote compliance culture
- Provide advisory to relevant stakeholders on regulatory requirement, including latest development
- Any other assignment as assigned by Chief Compliance Officer and Management
Qualifications
- At least 7 years of prior experience in financial crime compliance and related areas
- Recognized certification in AML/CFT, such as ICA, ACAMS
- Strategic, conceptual and analytical thinking, including ability to interpret regulations and assess risks arising from banking operations against the relevant regulatory requirements
- Details oriented, with problem solving and conflict management skills
- Candidate with compliance monitoring and testing background, with knowledge/ experience in risk is preferable