AML Associate
Philippines - Compliance
This role is essential in ensuring our organization's compliance with anti-money laundering regulations and detecting and preventing financial crimes. As an AML Associate, you will play a crucial role in safeguarding our operations from illicit activities and protecting the integrity of our financial system.
Responsibilities
- Responsible for assisting the AML Officer & Head of Compliance in managing the alerts generated by the AML System (Essentials)
- Conducts prompt and accurate disposition of transaction alerts, make preliminary assessment on trends and makes appropriate report to the AML Officer.
- Principal Accountabilities:
- Prepares and submits reports on Covered Transaction and Suspicious Transactions to the Anti Money Laundering Council
- Prepares and submits Reports on Crimes and Losses to the Bangko Sentral ng Pilipinas
- Promptly and accurately manage transaction alerts generated by the AML System
- Discuss with the AML Officer transactions noted to be suspicious; coordinate with the concerned units relative to the noted suspicion and makes appropriate ST reports upon the instruction of the AML Officer & Head of Compliance
- Miscellaneous Duties and Responsibilities:
- Monitors AMLC issuances on a daily basis, prepares summary of the issuances and submits to the AML Officer for cascading to relevant units
- Daily Adverse News Checking
- Ensures that files and records on Alerts Disposition are complete and updated
- Perform other duties as may be assigned by the AML Officer or Head of Compliance from time to time
Qualification
- College graduate – preferably IT or BS Math or BS Accountancy
- At least 1 year banking experience; preferably in Compliance Function
- With good analytical skills
- Proficient in MS Office applications
- Above average oral and written communication skills; specifically in English
Interested? Send us your CV attalentacquisition@tonikbank.com
