Assistant Manager, Financial Crime Compliance

Manulife John Hancock; Makati; In loco; PHP 900.000 - 1.200.000; Tempo pieno

Descrizione del lavoro

Manulife John Hancock in the Philippines is seeking an Assistant Manager to provide operational, analytical, and administrative support for Financial Crime Compliance. You will execute established compliance processes, prepare regulatory reports, perform due diligence, and coordinate with internal stakeholders to ensure timely completion of requirements.

The role covers AML/ATF, ABAC, FATCA & CRS monitoring, regulatory administration, testing, and governance support, with a focus on high-quality

Competenze

• Strong knowledge of AML and sanctions concepts, laws and regulations.
• Familiar with AML systems such as watchlist screening and transaction monitoring.
• Experience in quality assurance and compliance testing.
• Bachelor's Degree with minimum 5 years working experience in financial industry.
• Background in compliance, risk and audit preferred.
• Good interpersonal skills to work with various stakeholders and as a team.
• Able to work under pressure with good compliance judgement.

Mansioni

• 2nd line defense of AMLATF activities via timely preparation of EDD reports, STRs, CTRs, and regulator filings.
• Oversee AMLATF systems, processes, and controls for effectiveness and quality; ensure timely first-line monitoring.
• FATCA and CRS reporting, review and training.
• Test the effectiveness of the compliance program by risk-based QA and compliance testing; prepare yearly QA plan for CCO approval.
• Ensure timely follow-ups and reporting to regulators within prescribed timelines.
• Participate in annual AMLATF self-assessment and AMLATF questionnaires as per guidelines.

Conoscenze

AML concepts

Watchlist screening

Transaction monitoring

Quality assurance

Compliance testing

Formazione

Bachelor's Degree

Strumenti

AML systems

Descrizione del lavoro

The FCC, Assistant Manager provides operational, analytical, and administrative support for the Company's Financial Crime Compliance function. The role is responsible for executing established Financial Crime compliance processes, preparing regulatory reports and submissions, conducting due diligence and quality assurance activities, maintaining compliance records, and coordinating with internal stakeholders to support the timely completion of compliance requirements.

The position conducts AML/ATF, Anti Fraud, Anti Bribery and Anti Corruption (ABAC), FATCA & CRS monitoring and reporting activities, regulatory compliance administration, compliance testing, training coordination, regulatory change management, and committee governance support.

Position Responsibilities:

• 2nd line defense of AMLATF related activities of the Company via the timely preparation and release of Enhance Due Diligence (EDD) Reports; Suspicious Transaction (STR) for the approval of the CCO and AML Officer; and the filing of Covered Transaction Reports (CTR), and Compliance Return of the Freeze Order to the regulator.
• Overseeing the Company's AMLATF systems, processes, and controls, including ensuring that they are effective and of high-quality. Also, ensuring that first line monitoring and escalation of the same is timely and of quality.
• FATCA and CRS reporting, review and training.
• Test the effectiveness of the compliance program by risk-based Quality Assurance (QA) and compliance testing. Responsible for preparing yearly QA/test plan for the approval of CCO.
• Ensuring the timely follow-ups and reporting to the regulators within the prescribed regulatory timeline.
• Participate in annual AMLATF annual self-assessment and AMLATF questionnaire as per regional compliance office guidelines and local regulatory guidelines.

On AML/ATF:

A. STR

Review of escalated case by line 1b and operations.

Endorsed suspicious cases to the CCO and AML officer and file a STR once the case is confirmed as suspicious.

B. CTR

To check the completeness and correctness of the extract and verify/validate with IS if the extract is empty, incomplete or questionable.

To upload CTRs with the AMLC regulatory portal within the prescribed period; and To conduct sample checks every quarter, minimum of 25 samples of payment, disbursement and claims transaction, to verify if the reportable transaction was reported to the regulator.

C. Freeze Order and Compliance Return Uploading

Coordinate with operations team for appropriate flagging in systems within 24 hours from receipt of the Freeze Order.

To ensure that all Compliance Returns required by the AML regulator, are uploaded to the AML regulatory portal within 24 hours from receipt of the Freeze Order.

D. Preparation of the EDD Report

To assist the Compliance Team in the evaluation of the completeness of the policy application referred to Compliance for EDD Report and revert to the relevant party/parties for any missing documentation and/or rationale for the same.

To assist the Compliance Team in the release of EDD Reports.

E. AMLATF systems

Should be able to review the system monitoring reports on regular basis and remind BUs for any aging alerts/cases.

Should report to CCO on monthly basis with the observations, issues, and trends.

Conduct ad hoc QA or testing on the identified high-risk area.

F. FATCA and CRS

Coordinate with regional team for timely review and reporting.

Conduct ad hoc QA or testing on the identified high-risk area.

Required Qualifications:

• Must have a strong knowledge of AML and sanctions concepts, laws and regulations.
• Should be familiar with AML systems i.e., watchlist scanning and transaction monitoring systems.
• Should be familiar with AML processes and controls. And help to drive the high-quality monitoring program.
• Should have experience in quality assurance and compliance testing.
• Bachelor's Degree with minimum 5 years working experience in financial industry.
• A background in compliance, risk and audit will be preferred.
• Good interpersonal skills to work with various stakeholders and as a team.
• Able to work under pressure with good Compliance judgement skill.

When you join our team:

We'll empower you to learn and grow the career you want.

We'll recognize and support you in a flexible environment where well-being and inclusion are more than just words.

As part of our global team, we'll support you in shaping the future you want to see.

About Manulife and John Hancock

Manulife Financial Corporation is a leading international financial services provider, helping people make their decisions easier and lives better. To learn more about us, visit https://www.manulife.com/en/about/our-story.html .

Manulife is an Equal Opportunity Employer

At Manulife/John Hancock, we embrace our diversity. We strive to attract, develop and retain a workforce that is as diverse as the customers we serve and to foster an inclusive work environment that embraces the strength of cultures and individuals. We are