AML Analyst
Job Description
Perform independent review of AML alerts & cases as per Group FAB TM Policy and procedures.<br><ul><li> Knowledge of AML transaction Monitoring procedures and TAT.</li><li> Assist in the implementation and monitoring of the framework and plan for AML to properly address the Compliance needs and requirements in line with laws, rules and regulations that best meets the needs of Group FAB TM Policy and Procedures.</li><li> Perform EDD and report Internal Suspicious Transactions Reports (STRs) to MLRO team.</li><li> Assist other business stakeholders to identify and analyse business risks.</li><li> Maintain and build effective relationships with the related divisions so that effective escalation of issues is achieved and risk managed.</li><li> Assist the AVP – AML Transaction Monitoring in providing timely and accurate Compliance advice on any AML monitoring matters raised by the business functions on day-to-day operations or on any critical regulatory obligations to ensure continued expertise is provided to the business functions.</li><li> Maintain adequate record-keeping /MI and evidences pertaining to AML, etc.</li><li> Keep abreast of related rules, regulations and best practices pertaining to AML, assess its impact on FAB.</li><li> Monitor the performance of the AML Compliance program on a continuous basis taking appropriate steps to improve its effectiveness.</li><li> Develop methods for team effectiveness; question and investigate the reliability and integrity of data, the validity of conclusions, and the appropriateness of assumptions made.</li><li> Provide operational expertise to internal working groups, teams and committees focused on enhancing current procedures and creating efficiencies</li><li> Execute other duties as directed by the AVP – AML Transaction Monitoring<br></li></ul>
