Assistant Manager Anti-Money Laundering

• Investigations and Reporting: • Conduct and Coordinate investigations related to potential money laundering or terrorist financing. • Draft initial SARs to be reviewed and approved by the line manager or the Head of AML Unit for onward submission to the authorities. • Review Suspicious Transaction Reports (STRs) submitted by A level. • Address queries raised by correspondent banks related to certain transactions and resolve issues related to that matter. • Escalate investigations as set in the related procedure. • AML Monitoring and Transaction Monitoring: • Oversee the process of monitoring daily transactions and operate monitoring programs. • Maintain and update sanctions / enforcement lists. • Oversee transaction and account monitoring programs according to specified schedules and ensure Alerts are sent to the concerned units in timely manner being investigated properly and regular follow ups as needed. • Distribute cases (alerts) to A and M level staff based on the risk associated with the case (alert). • Identify violations and filter these to ensure only most serious are escalated to the line manager. • Advisory & Consultancy: • Advise employees on AML issues and resolve AML compliance issues or concerns. • Coordinate with the line manager on technical, procedural and practical advice and support on AML issues. • Review of any new/updated policy, process and/or procedures submitted to the Unit for feedback. • Compliance with requests and enquiries: • Resolve enquiries received from internal departments and external authorities by conducting investigation and ensuring that requirements are being fulfilled as per the expectation of the enquirer and the Unit's satisfaction. • Ensure that all documents are accurate and provided within a timely manner as set in the procedure. • Coordinate with internal business partners such as business units, Compliance, Legal, Internal Audit, External Auditors and CBK Auditors on a regular basis and as and when required. • Communications and Systems: • Consistently communicate and provide requested updates to the line manager. • Ensure confidentiality in the information provided and avoidance of sharing information and tipping off within and outside of the bank. • Raise any concerns to the respective department if needed and ensure that all issues are tackled within a short time period. • Ensure completion of any additional job requested from the concerned departments. • Operate automated transaction monitoring programs and ensure parameters etc. are tested and operational. • Coordinate with concerned departments in case of any system failure/issue occurred. • Coordinate with concerned departments when any change or update occurs in the bank’s system that require AML unit input and evaluation. • TeamSupervision: • Provide day-to-day supervision and oversight of the team’s work. • AML training and Awareness: • Assist the line manager with devising and delivering AML training for all bank staff if required. • Administration and Audits/Reviews: • Support the Head in implementation of the Bank’s AML strategy consistent with business support objectives. • Plan, conduct and manage AML Reviews/Audits as per the agreed schedule. • Implementation of AML policies: • Implement AML policies and procedures across departments through training, audits etc. • Carry out risk assessment, review, and control programs. • Provide AML/CFT risk assessment study to all existing and new GB products and services. • Show more Show less

Investigations and Reporting: Conduct and Coordinate investigations related to potential money laundering or terrorist financing. Draft initial SARs to be reviewed and approved by the line manager or the Head of AML Unit for onward submission to the authorities. Review Suspicious Transaction Reports (STRs) submitted by A level. Address queries raised by correspondent banks related to certain transactions and resolve issues related to that matter. Escalate investigations as set in the related procedure. AML Monitoring and Transaction Monitoring: Oversee the process of monitoring daily transactions and operate monitoring programs. Maintain and update sanctions / enforcement lists. Oversee transaction and account monitoring programs according to specified schedules and ensure Alerts are sent to the concerned units in timely manner being investigated properly and regular follow ups as needed. Distribute cases (alerts) to A and M level staff based on the risk associated with the case (alert). Identify violations and filter these to ensure only most serious are escalated to the line manager. Advisory & Consultancy: Advise employees on AML issues and resolve AML compliance issues or concerns. Coordinate with the line manager on technical, procedural and practical advice and support on AML issues. Review of any new/updated policy, process and/or procedures submitted to the Unit for feedback. Compliance with requests and enquiries: Resolve enquiries received from internal departments and external authorities by conducting investigation and ensuring that requirements are being fulfilled as per the expectation of the enquirer and the Unit's satisfaction. Ensure that all documents are accurate and provided within a timely manner as set in the procedure. Coordinate with internal business partners such as business units, Compliance, Legal, Internal Audit, External Auditors and CBK Auditors on a regular basis and as and when required. Communications and Systems: Consistently communicate and provide requested updates to the line manager. Ensure confidentiality in the information provided and avoidance of sharing information and tipping off within and outside of the bank. Raise any concerns to the respective department if needed and ensure that all issues are tackled within a short time period. Ensure completion of any additional job requested from the concerned departments. Operate automated transaction monitoring programs and ensure parameters etc. are tested and operational. Coordinate with concerned departments in case of any system failure/issue occurred. Coordinate with concerned departments when any change or update occurs in the bank’s system that require AML unit input and evaluation. TeamSupervision: Provide day-to-day supervision and oversight of the team’s work. AML training and Awareness: Assist the line manager with devising and delivering AML training for all bank staff if required. Administration and Audits/Reviews: Support the Head in implementation of the Bank’s AML strategy consistent with business support objectives. Plan, conduct and manage AML Reviews/Audits as per the agreed schedule. Implementation of AML policies: Implement AML policies and procedures across departments through training, audits etc. Carry out risk assessment, review, and control programs. Provide AML/CFT risk assessment study to all existing and new GB products and services.