The Asia Pacific Anti-Money Laundering department supports our client's businesses in managing AML risk, is responsible for ensuring related processes are in place and that all policies, procedures and guidelines conform to internal policies and all applicable local laws and regulations.
The Regional Monitoring Officer is located in Singapore and is responsible for ensuring all applicable AML legal and regulatory requirements and the Asia-Pacific AML Monitoring Program, and related policies, internal rules and regulations, are implemented appropriately in the region.
AML/Monitoring Responsibilities:
Leads the AML Monitoring team and ensures the AML Monitoring Program is effectively developed and implemented across the Asia-Pacific region, and oversees ongoing compliance and reporting.
As part of the Program, ensures the ongoing development and implementation of all AML monitoring-related policies, processes, and systems in the Asia-Pacific region.
Coordinates and project manages implementation of the AML transaction monitoring system in countries across the Asia-Pacific region.
Acts as primary point of contact for country AMLOs and compliance officers, with AML responsibilities for monitoring program implementation and refinement issues.
Undertakes testing and review of suspicious matters reporting processes and makes or recommends changes.
Acts as a central point of escalation/contact for Group AML for all monitoring and suspicious matter related reporting and projects and coordinates group, regional and other management information reporting obligations.
Is responsible for overseeing and, where necessary, undertaking investigation, coordination and reporting of suspicious matters.
Provides clarification on local policy interpretation, and support to country AMLO’s.
Is responsible for the effective coordination and implementation of processes to ensure suspicious activity typologies and updates are appropriately and effectively managed and incorporated in the Program.
Develops and leads the regional AML Monitoring team and liaises with internal compliance and/or other functions, as appropriate, on AML monitoring activities, suspicious matter investigation and reporting.
General Responsibilities:
As part of the Asia-Pacific AML Leadership Team assists in setting long term vision and strategy for the Department.
Analyses and identifies problems and need for change within compliance and the Bank.
Promotes inter and intra business coordination/cooperation on AML compliance matters.
Effectively markets the AML function and promotes a culture of compliance with the Bank.
Identifies, manages and, where appropriate, escalates AML risks effectively.
