Manager - Compliance, Governance & Advisory - Unlimited Growth Potential

About the Role

Support the enlarge role of the CGA Department – providing advisory on AML, AB&C, climate, digitalisation, digital assets, fintech, etc. It also aims to improve monitoring and ensure timely identification, dissemination and implementation of regulatory requirements across ARBM via the new ERMS system.

Assist in the implementation of compliance risk management framework for the Bank, ensuring compliance risks and issues are promptly identified, managed and mitigated in a timely manner. This include providing advisory to Business and relevant stakeholders in the Bank in implementing regulatory change requirements and managing regulatory information requests from the regulators. Other responsibilities include elevating and strengthening the conduct and compliance culture within the Bank safeguarding the Bank against non-adherence with mandated applicable regulations. Support the Head of CGA in managing, planning and executing the overall compliance to ensure that compliance strategy and practices effectively carried out, enabling Business growth in a safe and sound manner.

What will you do:

• Manage self to execute unit’s tasks and goals, and professional development.
• Identify areas requiring attention/strengthening and recommend changes and improvements in line with industry standards and applicable regulations with regard to AML/FCC compliance and regulatory changes.
• Liaise with regulators and government agencies on compliance matters (i.e. focusing on AML/FCC related matters).
• Work collaboratively with the relevant departments on AML/FCC related matters to ensure:

-timely implementation of the regulatory requirements or any changes          thereof;

-timely and accurate regulatory reporting or any changes thereof; and

-timely changes to systems in compliance with regulatory requirements or any changes thereof;

• Provide advice to relevant departments on AML and FCC related matters to obtain regulatory approvals.
• Monitor timely reporting to regulators.
• Maintain and monitor Regulatory Inventory and prepare monthly and ad hoc management reports pertaining to AML and FCC related matters.
• Carried out any ad-hoc tasks as assigned by the Head of CGA or CCO.
• Assist Head of CGA to conduct Compliance Risk Assessment.
• Contribute to the ongoing Compliance transformation initiative
• Maintain oversight on regulatory non-compliance incidences and monitor remedial actions taken.
• Maintain and ensure that AML/CFT and FCC related policies and procedure are up-to date in line with the latest Group and applicable local legal and regulatory requirements.
• Assess changes to policies and procedures to ensure compliance with the latest AML/CFT and FCC related matters’ rules and regulations.
• Prepare governance papers, reports and MI as assigned by the Head of CGA or CCO regarding AML/CFT and FCC related matters.
• Ensure strict confidentiality of information at all times.
• Ensure all records are properly and securely maintained and up to date in the database.

Skills and experience you possess:

• Bachelor’s Degree or equivalent education level in any related field.
• Possess a minimum of 4 years' working experience in AML compliance, operational risk and/or audit functions and at least 8 years banking experience.
• Professional Certificates in Compliance or related field (i.e. AML/CFT certification) will be an added advantage.