Summary
Date Posted: Wednesday, March 12 2025, Base Salary: Not Disclosed

JOB DETAILS:
Job Purpose:
Ensure that financial crime risks in each stage of the customer lifecycle and in business processes are identified and understood and that appropriate controls are in place.
Work with key stakeholders to fully understand the nature of the bank’s financial crime risk exposure and promote, embed and support an open and participative culture that champions proactive risk management, governance and control.

Main Responsibilities:
• Conduct alerts investigation on ML/TF/PF and sanction risks and escalate cases of suspicious activity
• Collect and document evidence on suspicious transactions.
• Conduct statistical analysis on alerts generation/clearance.
• Support the effective utilization and maintenance of transaction monitoring systems.
• Support the implementation of AML/CFT/CPF and Sanction framework and ensure compliance with laws, regulations and international standards.
• Provide AML/CFT/CPF and Sanction compliance advice to business functions and address day-to-day operational queries.
• Maintain productive relationships with stakeholders and escalate issues when necessary.
• Stay updated on AML/CFT/CPF and Sanction trends and their implications for the bank.
• Process and conclude cases allocated in a timely manner and within the agreed TATs whilst maintaining quality control / assurance results.
• Prepare regular MI for management and/or regulatory reporting.
• Monitor potentially suspicious patterns of activities and recommend changes to rules, parameters, and thresholds maintained within the transaction monitoring system to ensure its continued effectiveness.
• Implement transaction monitoring techniques to support identification of risks around money laundering, terrorism financing, economic sanctions, frauds and other financial crimes consistent with the bank’s Financial Crime Compliance Risk Governance Framework.
• Understand the technical aspects of systems relevant to CDD, Client Risk Assessments, Name and Transactions Screening, Transactions Monitoring and Case Management.
• Develop close working relationships with business lines and other key groups, including Branch Network, Governance and Controls, Compliance Advisory, Zonal Compliance Specialists, Operations and Forensic teams.
• Ensure timely initiation of post investigation follow-up actions including heightened monitoring,

Knowledge and Skills:
• Good understanding and appreciation of financial crime risk management practices.
• Good knowledge and understanding of applicable regulatory requirements and banking laws.
• Expert knowledge of AML transaction monitoring systems, analytical and investigative processes and reporting requirements.
• Understanding of AML/CFT/CPF and Sanction regulatory requirements.
• Analytical skills and confidence in probing data, processes and interviewing stakeholders.
• Excellent oral and written communication skills – ability to present complex information clearly and concisely.
• Highly organized individual, with ability to multi-task.
• Proactive and creative approach to work, self-motivated and pragmatic.
• Sharp business acumen, including the ability to assess risks.
• Good skills in report writing and presentation.

Qualifications and Experience:
• Bachelor’s degree in law/banking/business economics/finance or equivalent qualifications.
• Professional qualifications in financial crime compliance (e.g. CAMS / CFE) will be an added advantage.
• At least 2 years of experience in transaction monitoring, risk management, governance, compliance, financial crime compliance or any other related fields.
• Experience in designing and implementing programs, policies, and procedures that will ensure compliance with local and international standards and best practices.

Work Hours: 8

Experience in Months: 24

Level of Education: Bachelor Degree

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