Manager_ AML Transaction Monitoring at I&M Bank

Primary Responsibilities

• Perform detailed review of cases generated by the transaction monitoring system and/or exception reports and take appropriate follow-up actions.
• Ensure the timely disposition of cases flagged by the transaction monitoring system and adequate documentation of analysis and follow-up actions.
• Ensure timely review and clearance of flagged cases flagged by the remittance monitoring system and adequate documentation/details of analysis and follow-up actions.
• Conduct internal investigation and provide analysis and recommendation to LEVEL 2 or designate.
• Review and monitor parameter values and provide support and recommendations for parameter adjustments or enhancements according to regulatory developments, new transactional trends noted or system enhancement/UAT etc.
• Draft, update and maintain bank-wide and departmental AML TM Policy and Procedure.
• Prepare periodic and regular MIS reports for Senior Management and/or Head Office.
• Provide proactive support to Business Units and departments in ensuring the Branches operate in accordance with the Group Policy and regulatory requirement.
• Coordinate information request from internal auditor, external auditors pertaining to transaction monitoring.
• Conduct and coordinate AML_TM related trainings and AML/CFT Programs implementation.
• Participate on AML industry committees/working groups
• Other ad-hoc duties and projects as required
• Perform Detailed Review and Updating of Monthly Risk KPI’s.

Competencies

Sound knowledge of applicable Anti-Money Laundering and Counter Terrorist Financing Regulations (KYC, Transaction Surveillance and Sanctions)

• Strong attention to detail and ability to multitask
• Control focus
• Quality Focus
• Strong strategic and analytical thinking skills
• Good planning and organization skills
• Excellent communication and interpersonal skills
• Proven ability to deal with confidential matters and with discretion.

Requirements & Skills

Relevant compliance experience and/or suitable qualifications.

• Master’s degree in Business Administration, Finance, Accounting or its equivalent from a recognized institution.
• Bachelor’s degree in Business Administration, Finance, Accounting or its equivalent from a recognized institution

Experience

• Proven record of accomplishment in similar function in the financial services industry with at least two years’ experience.