Our client is a leading European bank in the banking industry and they are looking for a Compliance Officer (6-months) to join them.
Compliance Officer (6-months)
Department/Job Overview:
Our role is to support APAC Financial Crime Prevention in achieving its FCP compliance objectives. We do this by assessing and testing FCP internal control processes within the first- and second-lines of defense for our bank in the APAC region.
Key Responsibilities:
- Support the planning, execution and manage delivery of compliance testing reviews of AML, Sanctions, Anti-bribery & Corruption, and Fraud (Financial Crime Prevention ("FCP")) internal controls across the first and second lines of defense for all business lines of the bank in the APAC region
- Identify and evaluate the effectiveness of controls designed to address FCP risks, provide practical, innovative, and value-added solutions to issues identified, and prepare reports of compliance testing findings for the bank's senior management.
- Develop and draft compliance testing reports summarizing design review and testing results and remediation efforts required by line management to address open issues
- Help to develop applicable and appropriate compliance testing methods, processes and templates to be used for specific compliance tests of the various APAC business and control functions and proactively contribute towards developing detailed compliance testing procedures, guidance and FAQs.
- Provide support and constructive challenge to FC APAC Head of Assurance to assist with preparation and tracking of the annual FCP testing plan and broader Assurance deliverables for the team.
Qualifications
- University degree or international equivalent, with a focus in a finance or internal audit related fields
- Ideally 10+ years of experience performing FCP compliance testing and/or internal audit/program assessments either at a bank or broker dealer, or consulting to a bank or broker dealer by a consulting/internal audit firm, preferably Big 4
- Familiar with the products of wealth management and private banking.
- Industry knowledge of relevant regulations, regulatory expectations, testing concepts and methods (e.g., sampling, etc.) is preferred
- Prior experience conducting AML related investigations.
- Firm grasp of Anti-Money Laundering policy and regulations; CAMS, CFE, CIA certification is an advantage
- Analytical, with the ability to provide practical solutions and prioritize a diverse workload with multiple deadlines
- Well organized, especially in the areas of testing workpapers, documenting testing results and decision making, as these will be subject to review by internal audit and regulators
- Good team player, and ability to work independently and confidently drive stakeholder discussions
- An effective communicator with all levels, strong verbal and in writing skills
