~~Job duties include but are not limited to Management of FIU o Oversight of FIU's daily operation in terms of intermediary wires monitoring including alerts assignment, due diligence and dispositions. o Oversight of Quality Assurance of transaction reviews to ensure accuracy. o Oversight of monitoring, gathering and preparing data/statistics of daily progression well as QA and productivity of scenarios and analysts for MIS reporting purpose. o Oversight of FIU's capability to complete targeted goal at timely manner o Provide and organize necessary and adequate training to the team o To assess, identify, and resolve potential problems within the team on an ongoing basis Team Lead of AML System & CRR (customer risk rating) Model Implementation o Oversight and execution of implementing branch-wide AML systems including CRR model including detailed project plan and timeline, requirement initiation, tuning and calibration of existing and new scenarios/reports/CRR model, UAT, validation and etc. o Execution of the enhancement of Transaction Monitoring System (TMS) as per requirement and other commitments o Coordinate vendor management among compliance, technology and Lines of Businesses (LOB) to oversee and strengthen the support from vendor o Coordinate roll-out validation and the following annual validation of TMS scenarios/reports/ CRR model. o Provide and organize necessary and adequate training to the stakeholders of compliance and LOB across the Branch for TMS and CRR model. o Assist Head of compliance to participate the Blueprint project in areas of MANTAS implementation, PRIME (OFAC) implementation and Regulatory Compliance Team. Second Line BSA Officer of Clearing Department o Assist 1st Line BSA Officer to review, analyze, and interpret applicable laws, regulations, policies and procedures. o Assist 1st Line BSA Officer in regulatory matters. o Work closely with 1st Line BSA Officer to ensure execution of the guidelines as outlined in the Branch's policies o Perform tasks and projects assigned by Management o Assist BSA/AML/OFAC risk assessment in terms of clearing transactions Requirements 7-9 years banking industry and BSA/AML &OFAC internal control. CAMs preferred.
General Skills: Business acumen; communication skill, creative problem solving; leadership and management; analytical skill; writing skill; technical skill; project management; relationship management; team work; planning and organizing; coaching.
General Knowledge: Knowledge of U.S. Banking regulations and compliance practice, compliance risk management, and BOC Risk Governance Framework.
Knowledge of U.S. Banking regulations and compliance practice with strong emphasis on all aspects of BSA, AML and OFAC. Comprehensive knowledge of BSA/AML and OFAC related regulations and ability to draft and implement the banks policies and procedures.