JOB SUMMARY

Reporting to the VP of Business Compliance in Wholesale Banking Group (WBG), the job holder will play a crucial role in providing transversal support to all functions of BMU, in driving the strategic direction and operational efficiency of WBG. The Business Compliance Manager will be primarily responsible for managing the end-to-end processes of customer due diligence reviews including conducting KYC and AML risk assessments and extending support to the implementation of strategic plan for WBG.

The job holder will also actively engage in projects that drive process improvements and risk management to protect and advance WBG’s interests while ensuring alignment with internal regulatory policies and guidelines. This position requires a strong understanding of corporate banking products and services, as well as the ability to collaborate with cross-functional teams to achieve business objectives. The ideal candidate will possess excellent analytical, communication, and leadership skills, with a track record of delivering results in a dynamic banking environment.

What you will be doing:

Compliance Management

• Conduct thorough customer due diligence reviews on FI-Banks and Corporate customers in accordance with regulatory and internal policies.
• Act as a checker and provide guidance to junior team members
• Perform transaction review for vostro accounts as part of periodic/trigger event review on Corresponding Banking relationships
• Handles reverse KYC requests for nostro account opening
• Track and manage for appropriate sign-off of reviews by RMs and Team Heads, and as relevant Compliance and Head of WBG
• Provide reasonable assurance of compliance with applicable regulatory and internal/ Group requirements, policies and procedures
• Provide advisory support on regulatory and operational issues and process in relation to KYC/ AML matters
• Conduct compliance awareness/ reporting/ self-assessment/ training programs and drive communication regarding regulatory updates and risk procedures.

Strategic Planning & Project Management

• Drive or contribute to the implementation and execution of group & local project and system or process enhancement for WBG
• Assist senior management on developing and implementing the strategic plan for WBG, aligning with the bank’s overall objectives.
• Identify and lead necessary improvement in risk control and operational efficiency

What we are looking for:

• University degree in business, finance, accounting or other relevant disciplines
• Posses compliance related certifications
• Minimum 5 years’ relevant experience in Corporate Banking, Compliance, Business Management, or a related field
• Strong understanding of corporate banking products and services, as well as regulatory requirements
• Exposure to Bank FI KYC experience is preferred
• Familiarity with Vostro accounts and related transaction review processes is a plus
• Proficient in MS Office applications
• Professional presentation and report writing skills
• Well versed with banking and regulatory requirements (e.g. Code of Banking Practice)
• Excellent analytical and problem-solving skills, with the ability to interpret complex data and make informed decisions
• Exceptional communication and interpersonal skills, with the ability to build relationships at all levels of the organization
• Independent and with strong compliance sense