Manager, Financial Crime Compliance

The role holder is responsible for ensuring compliance with Financial Crime policies and procedures, and assisting the Associate Director, Head of Crime Compliance - Deputy MLRO. The role holder is also responsible for highlighting compliance issues or potential risks and providing recommendations on the proper course of action with regards to Financial Crime matters.

 

Customer / Stakeholder

▪ Collaborates with AHB stakeholders to ensure adherence to AML compliance policies.

Processes

▪ Provides support to the, CCO and Associate Director, Head of Crime Compliance - Deputy

MLRO in implementing compliance policies and procedures and adherence to bank’s Anti Money Laundering, KYC and Sanctions policies and program.

▪ Monitors and manages all AML reports to evaluate activity in highlighted accounts is consistent with transaction profile and no account possesses the risk of possible money laundering.

▪ Provides support and direction on AML and Sanctions related matters for all AHB Departments particular relating to KYC and Customer Due Diligence requests.

▪ Manages activities related to Sanctions policy including ongoing sanctions screening of payments and customers, blocking and releasing payments in a timely manner.

▪ Operates the AML and Sanctions management controls, solutions and applications and supports their continuous enhancements by involvement in projects, testing and enrolment of changes and amendments.

▪ Manages and monitors investigations on suspicious transactions and customers to ensure adherence with compliance policies and procedures as well makes recommendations for onboarding of all new and retention of existing increased risk customers.

▪ Reports suspicious transactions to the Associate Director, Head of Crime Compliance - Deputy MLRO, regulatory authorities, and law enforcement in a timely and accurate manner

▪ Manages watch lists, sanctions screening lists, maintain logs and records as required.

▪ Supports remediation tasks, lookbacks and Compliance validation exercises, specifically in relation to KYC, AML and sanctions alerts and jobs ensuring resolution of missing information, wrong classification and if necessary approval is obtained to regularize the account

▪ Provides support in regularly communicating with AHB stakeholders on any matters or issues related to AML.

▪ Supports preparing Financial Crime compliance manuals and related policy guidelines and supports in conducting annual reviews on the same.

▪ Monitors implementation progress of action plans designed to correct incidents of noncompliance or potential issues in policies, systems or employee conduct.

▪ Advises and supports monitoring of Businesses on a daily base to ensure compliance with regulations.

▪ Supports various activities associated with regulatory compliance plan, including: conducting investigations, drafting investigation reports and drafting responses to regulatory requests for information or data requests.

▪ Supports in resolving queries or issues raised by auditors or relevant regulatory authorities and assists the Business in investigating Suspicious Transactions and other Financial Crimes.

▪ Supports and contributes to reporting, governance and oversight related activities as well as preparation the required MI and reports.

 

Learning and Development

Keeps abreast with changes and develop procedures to ensure that all changes in Financial
Crime Compliance environment in the country and globally are captured and analysed on a timely basis