Money Laundering Reporting Officer (MLRO)

What you'll do

• Assist the Chief Compliance Officer in developing and implementing the AML component of the Compliance Program, validating and coordinating the implementation of the Money Laundering and Terrorist Financing Prevention Program (MTPP), and identifying relevant AML laws, regulations, and risks of non-compliance.
• Contribute to the development of risk-based strategies to strengthen AML controls across business units and assist in creating new AML policies, standards, FAQs, and related documents.
• Serve as a secondary contact for regulators on AML issues, assist in clarifying laws, rules, and regulations, and support the management of regulatory examinations, facilitating discussions with examiners as needed.
• Develop AML MIS reports for testing and monitoring KYC information, while reviewing and recommending improvements to existing reports for more efficient data analysis and management.
• Gather data to support responses to BSP findings, ROE, and AMLC investigations, finalizing replies and monitoring resolutions for AML-related issues, escalating delays when needed.
• Coordinate responses and track corrective actions for AML audits, assist business units in identifying linked accounts for frozen orders, and manage document submissions as requested by the AMLC.
• Evaluate incident reports to determine if STR filing is required, facilitate timely STR submissions to AMLC, and provide guidance to business units on the review, investigation, and preparation of STRs.
• Assist the Chief Compliance Officer in preparing presentation materials for Corporate Governance, Compliance Committee, and BCO/DBCO meetings.

What we expect from you

• Graduated from a 4-year business, accounting, law or similar course from a reputable institution
• A minimum of five (5) years of experience relative to Regulatory and AML Compliance and/or system audit, in the Banking/Financial Services Industry. Experience from Fintech industry is a plus.
• Strong knowledge in local regulatory requirements of the BSP and AMLC.
• CAMS certification is desirable.
• Proven experience working with teams or organization during a BSP / AMLC regulatory audit is preferred.
• Excellent oral and written communication and interpersonal skills.
• Good organizational skills, ability to prioritize, manage multiple tasks, adhere to strict deadlines.