Assistant Vice President, Apac Gfcd Quality - Singapore - MUFG BANK, LTD. SINGAPORE BRANCH

MUFG BANK, LTD. SINGAPORE BRANCH

Verified Company

Singapore

4 weeks ago

Posted by:

Wei Jie

beBee Recruiter

Description

Support the Head of APAC GFCD QA in any matter to ensure the effective operation of the Compliance program in the region (AML, KYC, Sanctions and ABC).

Work in a team that contributes to the operation of the financial crime compliance framework. Thus, your responsibilities and accountabilities include, but are not limited to, contributing to implementing and overseeing the QA program in a "business as usual" environment to mitigate the financial crime risks.
Support/oversee and/or performing QA reviews of antifinancial crime activity in MUFG branches in APAC Region, to determine whether Financial Crimes Compliance Control process outputs meet the established quality objectives set out within the GFCD QA Standards.
Ensure results of the QA reviews relating to Financial Crimes Compliance control processes are communicated to the appropriate parties and are addressed in a timely manner.
Support the planning, designing, scoping, executing, escalating, and reporting of QA Reviews as a part of the overall QA cycle in accordance with the GFCD QA Standards.
Assist with the maintenance of written QA procedures and operating manuals for conducting QA reviews in accordance with the GFCD QA Standards.
Support the implementation of a coordinated, consistent, and riskbased AML, Sanctions, KYC, and ABC QA program.
Support the development and maintenance of the Financial Crimes Compliance control processes to drive adherence to the GFCD QA Standards.
Support the drive for central coordination, governance, and reporting, leveraging regional structures and best practices of GFCD.
Prepare QA reports summarizing the objectives and purpose, scope, QA review methods, limitations, and a consolidation of the QA results for distribution to Senior Management within GFCD to provide an overview of the Financial Crime Compliance control process effectiveness and facilitating the periodic reporting to the appropriate regional governing bod(ies).
Escalate errors and exceptions identified during QA reviews in accordance with the GFCD Escalation and Issues Management Standard and the validation of action plans to address QA findings.
Support the coordination with Regional Issues Management to monitor and track the resolution of QA identified issues and action plans.
Support the establishment of appropriate QA management routines and ensuring proper awareness of QA review results through the reporting of QA related KPIs and KRIs.
Oversee QA execution over offshored/outsourced locations and first line QA teams, for financial crime control processes.
Execute periodic consistency reviews of all QA functions.
Training all QA functions, including offshored/outsourced locations and first line QA teams, to use the QA tools and documents.
Providing general QA advice to the offshored / outsourced QA functions.

Job Requirements:

Degree qualified or minimum 10 years working experience in Financial Crime/Financial Institution
Minimum 5 years of experience working in Financial Crime/Financial Institution in AML/KYC/Sanctions/ABC related investigations or advisory capacity.
Meticulous and possesses a good sense of awareness with regards to AML/KYC/Sanction/ABC regulations/ policies required for the investigation scope of work
A team player and an organised individual who able to multitask to meet and deliver within Service Level Agreements/ stipulated timelines
Good verbal and written communication skills
Strong interpersonal skills to work with stakeholders across the Asia Pacific region as well as globally
Adaptability to contribute to multiple tasks with different scopes at the same time, stakeholder management, presentation skills for the purpose of reporting, status, and progress
We regret to inform that only shortlisted applicants will be notified
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