Vice President - AML - Transaction Screening/Monitoring - Banking

Vice President - AML (Transaction Screening / Monitoring)

KEY RESPONSIBILITIES

1. Ensure that systems are up to date and operating effectively.

2. Provide advice, support and input AML Group Program to ensure that ongoing future implementations of systems and associated procedures are in accordance with the Strategy, Standards, Policy, applicable laws and regulations and international best practices.

3. Ensure that appropriate internal resources, systems, procedures and controls are in place and are operating effectively.

4. Ensure timely reporting and escalation of significant issues to management.

5. Manage performance, including budget and staff for the unit under control.

6. Take decisions within delegated authorities. Where appropriate, onward delegation of authority to direct reports.

7. Represent the List Management on sanctions monitoring issues through appropriate relationships (where applicable) with relevant Vendors / user Groups.

8. Maintain or coordinate with the relevant operations unit to ensure that the relevant lists and database used in the transaction screening and Sanctions secrecy are up to date and promptly notify the relevant units of the change where appropriate.

9. Coordinate IT initiatives and managing database and systems used by the unit to ensure operational issues are promptly addressed.

10. Compliance with all applicable Rules/Regulations of Company and Group Policies.

11. To organize, manage, have a oversight of name matching related system testing inclusive of preparation of test scripts, validation of test results and submit a recommendation to implement the change or otherwise

12. Establish and maintain effective processes, including training, assurance process, advice and support, to ensure the Sanctions Screening function's policies and standards are effectively implemented across the Group.

KEY ATTRIBUTES:

1. Relevant knowledge of applicable on Sanctions and ANTI MONEY LAUNDERING Laws and Regulations and the ability to interpret and apply them to actual situations.

2. Detailed understanding of relevant Group and local policies.

3. Good knowledge of Banking products and support structure.

4. Good judgment. An inquisitive approach to practices and procedures. Personal authority and integrity. Independence and resilience.

5. Strong written and verbal communication skills.