Senior Analyst AML Advisory & Assurance

Job description:

- The role is to perform mainly AML Advisory and AML assurance, to cope with increase of workload due to local regulatory and internal policy requirements on AML/CTF/Sanction as well as business advisory requirements.

- This role will be responsible for providing expert advice and decision-making for the transaction monitoring activities and perform quality assurance activities, for SMBC Vietnam Branches, contribute to maintain sound and efficient AML/CFT/Sanctions framework, systems and internal rules to ensure the Bank complies with Head Office/Regional Rules, local laws and regulations.

- The Job holder will handle:

1. Advisory & Decision-Making for Transaction Monitoring:

• Act as the first contact with other departments for AML/CFT/Sanctions advisory matters to provide continuous advisory support on AML/CFT/Sanction matters across the Branches;

• Review procedure manual of other departments, including but not limited to Transaction monitoring Investigation Guidelines, CDD Procedure, DUG goods & price check, etc. to ensure compliance with Head Office/Regional rules and applicable local regulations and mitigate AML/CFT/Sanctions risk;

• Review and approve new products or changes in existing products from AML/CFT/Sanctions risk perspective;

- Assess and provide expert opinions on risk papers from different departments ensuring AML/CFT/Sanctions risk are adequately considered and mitigated;

- Approve KYC checklists for high risk customers;

- Support to response AML/CFT/Sanctions queries from counterparty banks

- Serve as decision maker (second-level investigator-SLI) for alert generated by the transactions monitoring system and review suspicious activity to determine whether an STR should be filed with the relevant authorities;

- Develop and delivery AML/CFT/Sanction training for bank-wide staff;

- Respond to inquiries from internal and/or external auditors related to AML/CFT/Sanctions matters;

- Join AML/CFT/Sanctions related projects including systems enhancement;

- Liaise with regulator enquiring on AML related matters;

- Stay informed of regulatory updates and trends in AML/CFT/Sanction, ensuring the organization adapts its processess as needed.

2. Quality Assurance and sample checking:

• Perform monthly post-check on Transaction filtering alerts and name screening alerts handling by other departments;

• Be responsible for the effectiveness of the testing & monitoring program in Vietnam;

• Perform testing as per approved plan and report result to AML Team Lead, AMLO and Management;

• Work with relevant departments in providing recommendations for changes in controls to improve risk management and corrective actions for identified issues;

• Follow up on the identified issues until remediation is completed and actions in place to prevent future recurrence;

• Support Regional teams in all testing/sample checks performed by them;

3. Others

• Assist with the preparation of periodic and ad-hoc report for management, compliance committee, etc.

• Maintain the department’s guidances, ensuring they are timely updated to reflect all requirements from Head Office/Regional, local regulations and key AML risks and controls;

• Perform other tasks in AML Team as assigned by TL, HOD and Management from time to time.

4. Teamwork

• Cooperate well with team members in daily work, ensuring the team objectives are achieved

• Cooperate well with stakeholders in other departments in daily work, contributing to improving compliance and conduct culture of the bank

• Share expertise with team members

- University graduated in Banking; Finance; Economics; Law…

- At least 5 year of banking experience related to AML/CFT/Sanction compliance sector

- Deep understanding of AML/CFT regulation, financial crime risk management frameworks, and industry best practices

- Strong interpersonal skills to engage stakeholders across departments within the Bank

- Strong analytical and decision making skills

- Detail oriented

- Highly responsible and has ability to work independently with limited supervision

- Good oral and written English skills