ING Bank
ING Bank covers Wholesale and Retail Banking in Asia Pacific. Our Wholesale Banking business is present and active in 11 major economies in the Asia Pacific, namely China, Hong Kong SAR, India, Indonesia, Japan, Philippines, Singapore, South Korea, Taiwan and Vietnam.
Overall Function
As Manager/Associate, is responsible for managing the day to day advise requests coming in from the FO / CDU teams, review the required MI / reports and discuss / escalate FCC risks arising from the files and or alerts
Job Description
- Advise the business on sanctions compliance, handling escalations during pre-transaction screening and transaction monitoring
- Perform vessel due diligence such as vessel movement, ownership, AIS checks
- Keep up to date with all the latest regulatory requirements and provide guidance and advice to the management, business and internal stakeholders
- Perform annual close monitoring on high risk clients providing management insight into their activities
- Perform 2LoD review and oversight on FATCA/CRS
- Support the MLROs with escalation reviews, as deemed appropriate
- Participate in the risk assessments challenging the submissions from the 1st line
- Support on matters related to ABC and address queries as required
- Perform second line review of FATCA / CRS submissions and challenge the 1st line on reportable clients / numbers
- Handle Sanctions / ESR escalations from first line
- Contribute to AML survey/questionnaire as required by Head Office and/or regulators
Requirements
- Degree in Accountancy, Banking, Business or Law, or relevant professional qualification
- Minimum 6 years of relevant experience in Compliance in Banking environment
- Ability to work well and influence senior management will be a great advantage
- Excellent communication and interpersonal skills
- An AML qualification such as CAMs, would be advantageous
