VP, Team Lead (AML Compliance), Governance & Controls, Institutional Banking Group
DBS Bank
- Hong Kong
- Permanent
- Full-time
- Liaising with FCSS and Compliance of LCS on KYC process and AML monitoring and following up on issues arising from them
- Reviewing, analyzing and communicating AML/CFT/Sanctions management information
- Reporting results of AML/CFT/Sanctions risk management reviews and identifying key areas of improvements
- Monitoring remedial actions for the identified deficiency in AML and risk controls that require remediation actions
- Evaluating and communicating new laws and regulations and staying abreast of the AML/CFT/Sanctions regulations, development, and industry practice, at both local and international levels
- Coordinating to reply report/return as requested by other departments, external regulator or LEA regarding AML/Sanction related projects, investigation and matters
- Providing country feedbacks to the revisions to local and Group AML/CFT/Sanctions CDD standards and AML/CFT/Sanctions systems
- Rendering advice on AML/CFT/Sanctions matters to new banking product and service assessment
- Assist in formulating internal workflow and recommendations for improvement with the relevant stakeholders related to compliance, AML, or risk controls
- Collaborating with G&C ARC team in Quality Assurance for CDD review and periodically reviewing the AML/CFT/Sanctions compliance risk governance framework and the related controls
- Preparing and facilitating risk & control self-assessment (“RCSA”) in collaboration with CORE team and ensuring there are appropriate rectifications and follow up actions
- Monitoring the timeline completion of CDD periodic and trigger reviews by CORE team.
- Measuring and monitoring key risk indicators and issues to continuously improve AML control standards of IBG, and to report analysis and/or insight on the trend
- As an AML Champion, answering enquiries from IBG colleagues, assisting SME RMs on AML/CFT/Sanctions related enquiry
- Updating the AML procedures and guidelines within IBG, enhancement of KYC System concerning governance & controls matters, and supporting managers with AML/Fraud investigations
- University Degree with 10+ years in banking industry. Frontline, risk and governance & control related experience preferred
- Attentive to details, compliance and control oriented, diligent and proactive, with growth mindset
- Knowledge in AML/ KYC, compliance, sanctions, anti-corruption and local regulatory requirements
- Fluency in English and Chinese
- Exceptional business writing, analytical, and communication skills
- Excellent people and communication skills in a culturally diverse environment
- Strong sense of ownership with ability to work in a team environment
- CAMS, CFE, or other relevant professional qualifications. Experience in transaction review/investigation and designing controls is an advantage
- Strong data analytical skills e.g., knowledge/experience in developing data governance/ analytics/ reporting using tools like Qlik is an advantage.
- Experience with public speaking, business presentations, or conducting training