AML Officer

PJ Lhuillier Group of Companies; Bacoor; On-site; PHP 400,000 - 680,000; Full time

Job summary

PJ Lhuillier Group of Companies is seeking an AML Compliance Assistant Head to support the development, implementation, and maintenance of the bank's anti-money laundering program. The role involves ensuring regulatory adherence, maintaining risk assessments, and coordinating high-risk client records and suspicious activity reporting.

The ideal candidate has a four-year business-related degree and at least three years of AML compliance experience, with on-site work in Bacoor, Cavite.

Qualifications

• Graduate of any four-year business related course
• At least three years of AML compliance experience in financial services
• Knowledge on AML investigations, MLPP, BSP/AMLC rulings
• Amenable to work onsite in Bacoor, Cavite

Responsibilities

• Ensures bank compliance with current AML regulations and other related law.
• Maintains the risk assessment framework for bank products and services, clients, and other issues relating to money laundering.
• Keeps and maintains record of high risk clients and reports suspicious activities to the Superior.
• Assists in scheduling inspections and audits from third-party organizations and provides recommendations based on findings.
• Conducts briefing to bank personnel on internal AML compliance policies and procedures.
• Provides support in the monitoring and investigation of suspicious activity.
• Recommends improvements to ensure AML compliance with laws and regulations.
• Ensures regular submission of CTRs and STRs and all regulatory reports to AMLC.
• Coordinates AML and related regulatory information requests and deliverables and regulatory examinations.

Skills

AML Compliance

Regulatory knowledge

Investigations

Reporting

Education

Bachelor's degree

Job description

Job Description

The position is primarily responsible for providing assistance to the AML Department Head with the development, implementation, and maintenance of an anti-money laundering program within the bank.

Key Responsibilities

• Ensures bank compliance with current AML regulations, and other related law.


• Maintains the risk assessment framework for bank products and services, clients, and other issues relating to money laundering.


• Keeps and maintains record of high risk clients and reports suspicious activities to the Superior.


• Assists in the scheduling of inspections and audits from third-party organizations. Provides recommendation based on the findings.


• Conducts briefing to bank personnel on matters relating to internal AML compliance policies and procedures.


• Provides support in the monitoring and investigation of suspicious activity.


• Recommends improvement to ensure compliance with AML and related laws and regulations.


• Ensures regular submission of CTRs (Covered Transactions) and STRs (Suspicious Transactions) and all regulatory reports to AMLC.


• Coordinates AML and related regulatory information requests and deliverables and regulatory examinations.

Job Qualifications

• Graduate of any four (4) year business related course


• At least three (3) years of work-related experience in AML Compliance in Financial Services industry


• Knowledge on AML Investigations, MLPP, BSP/AMLC rulings


• Amenble to work onsite in Bacoor, Cavite