JOB SUMMARY
This position is appointed to ensure effective compliance of the bank with the AML/CFT and other applicable laws and regulations issued by NBC and other regulators.
DUTY & RESPONSIBILITY
The Head of AML/CFT department shall oversee 2 units: AML/CFT Screening Unit and AML/CFT Post-Transaction Monitoring Unit.
1. AML/CFT Screening Unit
- Oversee the review, analysis, and investigation of screening alert cases in the AML/CFT System for customer's account opening and real time transactions.
- Oversee the transaction screening and work with branch to perform KYC, CDD, and EDD on customer and their transactions, including OTT/ITT.
- Provide KYC/CDD/EDD and other compliance related advice to relevant stakeholders upon request.
- Maintain close relationship with the correspondence / RMA banks including but not limited to responding to their request for KYC / AML questionnaire, conduct annual review, KYC update and review related document for correspondence/RMA establishment before further submitting to Head of Compliance.
- Draft proposal or memo for Management in relation to bank's internal AML/CFT measures.
- Verify and consolidate Cash Transaction Report (CTR) to submit to regulator.
- Prepare response to NBC, court, and other authorities' inquiries and investigation.
- Provide KYC / AML & CFT training to relevant stakeholders, including BCO and other bank staff.
2. AML/CFT Post-Transaction Monitoring Unit
- Oversee the review, analysis, and investigation of all post-transaction monitoring alert cases in AML system, and conduct further KYC/CDD/EDD ensuring that all alerts are concluded within timeline.
- Set and review customer risk profiling, CTR rules, alert rules and parameters, as well as other upgrades in the AML system.
- Work with BU to perform annual/periodic KYC update of bank customers.
- Provide AML/CFT consultation and comments to Business Units on new/enhancement of product or service or other related projects.
- Conduct branch visit to check and monitor BCO's implementation and raise findings and recommendation for improvement.
- Work with BU to perform the annual/periodic KYC update of customers.
- Review STR before further submit to Head of Compliance.
- Prepare Quarterly AML Data Collection Report, Bi-annual ML Risk Assessment Report and other reports to NBC and CAFIU.
- Support the liaison with NBC and CAFIU, and ensure that all their requests and ad-hoc report are properly prepared and submitted on time.
- Draft, review, update Compliance AML/CFT/CPF Policy, Procedure Manual, and guidelines.
- Prepare monthly, quarterly and ad-hoc reports for Management, ERCC, BCC, and Board meetings.
- Perform other tasks as assigned by Head of Compliance Division and Chief Risk Officer.
QUALIFICATION
- Bachelor's degree in Law, Finance and Banking, or equivalent in related fields.
- At least 4-year experience in compliance in banking or financial institution is highly desired.
- Sound knowledge of KYC process, AML/CFT regulations and internal control.
- Ability to work independently and as a team in an effective and efficient manner.
- Attention to details and able to work under pressure and possess good time management skill.
- High personal quality of integrity, credibility, and strong work ethic and moral standard.
- Good communication and interpersonal skills.
- Good command of speaking and written in English.
- Good Computer literacy, especially Excel.
How to apply
Interested and qualified applicants should submit your updated Cover Letter and CV stating the position applied for with your current photo (4x6) through hr@canadiabank.com.kh
