Wb Asia Regional Kyc - Singapore - ING

ING

Verified Company

Singapore

3 days ago

Posted by:

Wei Jie

beBee Recruiter

Employee

Description

Key Responsibilities:

Drive and provide Subject matter expertise on Transaction Monitoring (TM) related structural solution implementation for Wholesale Banking Asia based on both global and local FEC/AML requirements and standards.
Manage outsourcing of all TM related services to due diligence for Transaction services for Operations & Change related aspects) for Asia inline with WB Sourcing Governance Framework. Oversee the service performance and monitor/act upon the issues related to outsourced services.
This role will also require extensive collaboration with internal 1st LoD, 2nd LoD & 3rd LoD regional and global stakeholders to drive discussions, decisions, escalate and embed appropriate governance as required.
Responsible to coordinate and facilitate annual TM Risk Assessments execution across 7 Asia branches.
Play an active role in implementation of TM tooling including liaising with global change teams, working with regional operations teams, user testing and signoff as needed.
Monitor and act upon Financial Crime Risk Appetite Key Risk Indicator and report regularly to Asia Senior Management for their governance and action.
Convene & run Transaction Monitoring BAU regional governance calls for the region with key regional & global stakeholders.
Represent Asia countries' interests towards Global KYC/TM and drive global strategy across the Asia region.
Act as the owner of Transaction Monitoring controls for Asia by executing/managing the control testing and evaluating the control effectiveness annually.
Constantly review & identify opportunities for process improvements in existing TM process.
Act as regional process owner to provide advisory and support to local process owner in managing and executing their responsibilities related to TM.
Coordinate with local and head office stakeholders to ensure issues with TM operations are being escalated and managed timely and properly.
Act as secretary of Regional KYC Committee and other related KYC meetings
Monitor and act upon relevant findings, risk or issue from internal or external quality assurances/audit/inspection.

Knowledge and Experiences:

Bachelor's degree mandatory with 810+ years of experience in Banking & Finance, with any additional professional qualification/FEC related certifications an added advantage.
Experience with implementing KYC/AML & TM operational & Governance principles across the organization, and a strong understanding of the endtoend KYC processes and risks & controls in the fronttoback chain.
Good project management skills being able to manage key work deliverables in a timely manner with good quality.
Knowledge & handson experience with implementation of Transaction monitoring tools such as FCRM and Quantexa is an advantage.
Knowledge & handson experience in working with data analysis, identify data sources, extract data, and analyse and publish results and presentations to stakeholders.
Experience of having improved AML/KYC/TM processes by leveraging AI/ML solutions is an added advantage.
Analytical, pragmatic, and problemsolving skills with an understanding of the regulatory environment in which banks operate.
Is a selfstarter and a handson team player & strong individual contributor who is good at driving engagement across levels on content discussions & for driving decision making amongst stakeholders.
Experience with working in complex international & federated organization structure.
Excellent communication & stakeholder management skills.