Head of AML, Sanctions & Fraud Risk

Bank of China (Hong Kong); Taguig; Presencial; PHP 1.400.000 - 2.800.000; Jornada completa

Descripción de la vacante

Bank of China (Hong Kong) in Manila seeks an experienced compliance leader to oversee AML/CTF, sanctions, and fraud risk management for the branch. The role coordinates with BOCHK and Manila divisions to ensure effective implementation of the Bank’s AML CTF and sanctions programs and to supervise 2nd line controls.

The successful candidate will lead risk assessments, design preventive programs, monitor regulatory changes, enhance monitoring systems, and manage regulatory reporting.

Formación

• Graduate of any 4 year course.
• ACAMS certified or pass the same 1 year from hiring.
• More than five (5) years of AML work in a bank or similar financial institution.
• Familiarity with BSP, MORB and AML regulations.
• Experience interacting with regulators and drafting formal communications.
• Knowledge of audit procedures and CDD/Transaction Monitoring/Sanction Screening.

Responsabilidades

• Takes the lead in AML CTF, sanctions and Fraud Risk Management for the Branch and coordinates with BOCHK and Manila branches.
• Conducts risk assessments of financial crime compliance and control effectiveness.
• Leads design of Money Laundering and Terrorist Prevention Program for Manila Branch and tracks regulatory issuances.
• Enhances AML system alert parameters to detect red flags and suspicious activity.
• Leads compliance testing on AML policy and procedures.
• Manages daily transaction monitoring and SAS alert handling within regulatory timelines.
• Validates and conducts independent due diligence on transactions and KYC documents.
• Manages ML work plan for timely regulator reporting and communications to regulators and senior management.
• Oversees filing of related regulatory reports.
• Performs other compliance tasks per laws, head office directives, and branch management.
• Part of transformation efforts including agile teams and additional BAU duties.
• Continuously review and improve customer protection procedures and education.

Conocimientos

AML knowledge

Regulatory affairs

Risk assessment

KYC/CDD

Compliance communication

Fraud risk management

Educación

Bachelor's degree

ACAMS certification

Descripción del empleo

Bank of China (Hong Kong) in Manila seeks an experienced compliance leader to oversee AML/CTF, sanctions, and fraud risk management for the branch. The role coordinates with BOCHK and Manila divisions to ensure effective implementation of the Bank’s AML CTF and sanctions programs and to supervise 2nd line controls.

The successful candidate will lead risk assessments, design preventive programs, monitor regulatory changes, enhance monitoring systems, and manage regulatory reporting.