AML Policy and Advisory Specialist

Super Bank Indonesia; Jakarta Utara; On-site; IDR 150,000,000 - 210,000,000; Full time

Job summary

Super Bank Indonesia is seeking an AML Policy and Advisory Specialist to support the bank's anti-money laundering initiatives, developing and implementing AML policies and strategies. You will provide guidance on regulatory changes and risk assessments to ensure ongoing compliance across the organization.

The role involves training program development, maintaining documentation, and collaborating with Legal, Compliance, and Risk teams to strengthen the AML framework and reporting to senior

Qualifications

• Bachelor's degree in Finance, Law, Business or related field.
• 5+ years of AML compliance experience.
• Strong AML regulatory knowledge and risk assessment.
• Excellent written and verbal communication.
• Ability to work cross-functionally with Legal, Compliance and Risk.
• Commitment to integrity and ethical conduct.

Responsibilities

• Assist in developing, reviewing, and refining AML policies and procedures.
• Advise across teams on AML issues, regulatory changes, and risk assessment.
• Conduct AML risk assessments and help mitigate vulnerabilities.
• Stay updated on AML regulations and ensure compliant framework.
• Support AML training programs for bank employees.
• Maintain organized records of AML policies and advisory communications.
• Collaborate with Legal, Compliance, and Risk for AML compliance.
• Contribute to AML reports for senior management and regulators.
• Identify opportunities to improve AML policies and procedures.

Skills

Analytical thinking

Problem solving

Communication skills

Team collaboration

Education

Bachelor's degree in Finance/Law/Business

CAMS/ACAMS certification (advantageous)

Job description

AML Policy and Advisory Specialist will support the bank's anti-money laundering (AML) initiatives. This position will contribute to the development, implementation, and enhancement of AML policies and strategies. Your expertise in AML regulations and risk assessment will be instrumental in maintaining the bank's compliance with AML laws and regulations.

Work Responsibilities

• Assist in the creation, review, and refinement of AML policies and procedures, ensuring alignment with regulatory requirements and industry best practices.
• Provide guidance to various teams across the bank on AML-related matters, offering insights into complex AML issues, regulatory changes, and risk assessment.
• Participate in conducting risk assessments to identify potential AML vulnerabilities, collaborating with stakeholders to develop effective risk mitigation strategies.
• Stay informed about evolving AML regulations and assist in ensuring the bank's AML framework remains up-to-date and compliant.
• Support the development and delivery of AML training programs for bank employees to foster understanding of AML policies, procedures, and regulations.
• Maintain accurate and organized records of AML policies, procedures, and advisory communications.
• Collaborate with cross-functional teams including Legal, Compliance, and Risk to foster a comprehensive approach to AML compliance and risk management.
• Contribute to the preparation of AML reports for senior management and regulatory bodies, maintaining comprehensive documentation of AML activities.
• Identify opportunities for enhancing the effectiveness of AML policies and procedures and contribute to their improvement.

Job Requirements

• Bachelor's degree in Finance, Law, Business, or a related field. Relevant certifications (e.g., CAMS, ACAMS) are advantageous.
• Have at least 5 years of experience in AML compliance, policy development, or advisory roles within the financial sector.
• Solid understanding of AML regulations, practices, and industry standards, with the ability to interpret and apply them effectively.
• Strong analytical and problem-solving abilities to assess complex AML issues and contribute to appropriate solutions.
• Excellent written and verbal communication skills to convey AML concepts and guidance clearly and effectively.
• Ability to work collaboratively in a fast-paced and cross-functional environment to achieve AML goals.
• Meticulous attention to detail when reviewing policies, conducting risk assessments, and participating in AML projects.
• Commitment to ethical conduct and maintaining the highest standards of integrity and professionalism.
• Willingness to adapt to evolving AML regulations and industry trends to support the bank's compliance efforts.