Compliance Officer & Deputy MLRO Featured

Role & Key Responsibilities

• Maintain and develop a risk-based approach to ML/TF risk including carrying out regular periodic reviews to ensure that risks on onboarding customers are managed effectively;
• Ensure compliance in line with all the requirements outlined in the relevant legislations and regulations;
• Review and develop existing internal controls relating to the implementation of AML/CFT policy and relevant procedures and framework;
• Set in place mechanisms to ensure that any suspicious transactions are reported accordingly, such as regular transactions monitoring;
• Design regulatory compliance documentations;
• Design and coordinate the preparation and ongoing review of policies, procedures, training materials and other communication tools to ensure departments meet compliance requirements;
• Establish self-audit and compliance monitoring programs;
• Ensure compliance with all the statutory obligations and provisions regarding AML/CFT and that robust measures are taken by the Company to protect itself against the potential risk of being used for money laundering and terrorist financing;
• Conduct onboarding and ongoing periodic reviews and compliance monitoring as per plan;
• Recommend remedial actions or improvements following compliance reviews;
• Conduct AMLCFT training.
• Hold the office of DMLRO.

Qualifications, Skills and Experience

• Already approved Compliance Officer by the FSC; and
• Minimum of 5 years proven experience (or more) in the financial services sector; OR
• Relevant Experience of at least 3 years in the industry subject to the submission of relevant and valid AML/CFT professional certification (Which include the Financial Services Institute (FSI), the Certified Anti-Money Laundering Specialist (ACAMS), the International Compliance Association (ICA); OR;
• Good knowledge of Microsoft tools (Excel, Word, Power Point etc.);
• Good attitude and communication skills.