AML Officer

Bank of the Philippine Islands (BPI); Manila; On-site; PHP 700,000 - 1,300,000; Full time

Job summary

Bank of the Philippine Islands (BPI) seeks an AML Officer to assist the AML Section Head in testing compliance with MTPP. The role involves conducting risk-based testing of branches and business units, and leading AML forums to discuss strengths and weaknesses while reiterating relevant guidelines.

Candidates should have AML knowledge, strong analytical and communication skills, and a background in banking regulations.

Qualifications

• Knowledge of AML laws and banking regulations.
• Experience in AML/IA/front-line function is preferred.
• Familiarity with testing and assessment processes.

Responsibilities

• Test compliance with MTPP for branches and units using risk-based methods.
• Lead AML forum discussions to review strengths, weaknesses, and guideline reiterations.
• Draft ICT Reports detailing testing results and actions for Section Head review.
• Monitor and follow up on open issues cited during reviews.
• Serve as a resource speaker for MTPP training and AML subject-matter expert on related matters.
• Maintain all documentation, records, and communications.
• Stay updated on AML-related reports that may affect the bank and its subsidiaries.
• Handle new assignments from AML Management as needed.

Skills

Analytical skills

Attention to detail

Training skills

Written and oral communication

Computer literacy

Education

B.S. Accountancy or CPA

Job description

Job Description:

The AML Officer assists the AML Section Head in the conduct of testing of compliance with MTPP.

Duties And Responsibilities

• Testing
• Conducts testing of compliance with the MTPP of branches and business units based on risk-based methodology.

• Conducts AML forum with concerned branches and business units to discuss AML strengths and weaknesses, as well as reiteration of relevant parts of the MTPP and related guidelines.

• Drafts the ICT Report on the results of the testing conducted and corresponding assessment for review of the Section Head.

• Monitors open issues cited during review, if any.
• General
• Acts as resource speakers for MTPP training to employees.
• Acts as subject matter expert or consultant on AML-related matters.
• Maintains all relevant documentation, records, and communications.
• Updates oneself on any AML-related reports that may affect the bank and/or its subsidiaries.
• Handles additional/new assignments that may be given by the AML Management from time to time.

Qualifications

• Knowledge

With adequate banking background and understanding of the laws on Anti-Money Laundering and related banking regulations and operations.

Skills

• Good analytical skills
• Attention to details
• Adequate training skills
• Proficient in written and oral communication.
• Computer literate

At least two (2) years’ experience and/or exposure in AML /Internal Audit/ front line function in a Financial Institution. Preferably a graduate of Bachelor of Science in Accountancy or a Certified Public Accountant (CPA)

Requirements: