AML Officer / Head

Industry Category	Accounting / Finance	Position	Banking / Finance
Recruitment Department		Number Of Recruits	several
Work Location	Metro Manila (NCR) Makati	Nature Of Work	Full Time
Gender Requirements	Male	Marriage Requirement	No marital status restrictions
Education Level	Open to all levels	Work Experience	No work experience restrictions
Age Requirement	Above 18 years old	Salary Package	Negotiable
Updated Date	2022-10-09	Valid Until	Long-term validity

JOB OBJECTIVE: AML Officer/Head

The position is responsible for monitoring and reporting all Suspicious Transactions Report (STR), Covered Transactions Report (CTR) , High Risk Accounts (HRA) and Reports on Crimes and Losses (RCL) of the Bank.

MAIN RESPONSIBILITIES:

Prepares, submits and uploads the Covered Transactions Report (CTR) and Suspicious Transactions Report to the AMLC Portal within the prescribed period as required by AMLC & BSP to avoid potential penalty.Facilitates timely preparation and submission of Reports on Crimes and Losses (RCL) to BSP as needed.Maintains complete and accurate database on Crimes & Losses Reports and Suspicious Transactions reports submitted and acknowledged by the BSPConducts monthly periodic AML Compliance Testing to Branches, Units or Departments using the designed questionnaire and based on the approved testing plan.Maintains and ensures completeness and regular updates of database and reports on AML Compliance Testing through constant coordination with the concerned Branch Operations Officer of Branch under compliance testing.Maintains and ensures regular updates on database and records pertaining to all AML Internal Audit Examination Reports through constant coordination with the concerned Branch Operations Officer of Branch under compliance testing.Facilitates the monthly consolidation and timely preparation of Audit & Compliance Committee Reports such as Negative Listing, High Risk, Crimes and Losses, CTR and STR.Submits to immediate head the consolidated reports for review and presentation to the Audit & Compliance Committee.Conducts further investigation on AML cases from operating units as the need arises.Assists in the implementation of the AMLA requirements in the Bank.Identifies and facilitates the regular risk alert analysis of the Branch through the Bank's approved Manual Monitoring/Risk Classification System.

Qualification Requirements:

Graduate of any business related course from reputable school / universities.Good analytical thinking; able to generate reports and provide analytics on the generated informationGood communication skills in English language, both oral and writtenRisk and result-orientedKeen to detailsMust be knowledgeable in BSP regulations.Minimum of 5 years of relevant work experience in Anti-Money Laundering (AML) operations or in similar position.

PhilSearch Consulting, Inc. provides professional human resources solutions to corporate and field employers throughout the country. Spearheaded by young yet highly experienced human resources practitioners and backed up by cutting-edge technology, PhilSearch is the answer to all your workforce needs. The PhilSearch's difference is our flexibility – one size does not fit all! We customize our services according to our client’s needs. PhilSearch Consulting, Inc.’s team consists of seasoned practitioners in the field of Talent Management.  Honed with an average of 10 years work experience and advance academic studies. With the corporate vision, mission, and values deeply rooted in our psyche, we at PhilSearch are always ready, willing, and able to meet all our client’s needs. OUR VISION Our vision is to be a Leader in providing exceptional and efficient Executive Search services to organizations and businesses globally. OUR MISSION Provide our partners with superior talents armed with cutting-edge technology skills to help realize  their company goals and objectives, while maintaining the highest level of pride and excellence in our people. OUR SERVICES Executive Search We provide the best and most qualified human resources for Senior Executive and Managerial positions such as CEOs, CFOs, Operations Manager, HR Directors, etc. Professional & Skilled Search We constantly endeavour to provide exceptional credentials for middle, technical and rank &file positions to ensure that an accurate match benefits our clients and our candidates for long-term engagements.   Website: www.philsearchconsulting.ph