Banking Compliance

Job Summary
As IBK Vietnam prepares for its official launch, we are looking for a dedicated AML Compliance Officer. This role is pivotal in safeguarding the bank against financial crimes. You will be responsible for building and maintaining the Anti-Money Laundering (AML) and Counter-Terrorist Financing (CTF) framework, ensuring all operations strictly adhere to the Laws of Vietnam and international banking standards.
Key Responsibilities
1. AML/CTF Framework Development
• Assist in drafting and updating the Bank's internal AML/CTF policies, manuals, and standard operating procedures (SOPs) to comply with the SBV's requirements.
• Design and refine the Know Your Customer (KYC) and Customer Due Diligence (CDD/EDD) forms and workflows.
2. Transaction Monitoring & Screening
• Perform daily monitoring of transactions to identify suspicious activities or patterns.
• Conduct sanctions screening (UN, OFAC, local lists) for all onboarding clients and cross-border payments.
• Investigate and clear (or escalate) alerts generated by the AML monitoring system.
3. Regulatory Reporting
• Prepare and submit mandatory reports to the Anti-Money Laundering Department (AMLD) of the State Bank of Vietnam, including:
o Large Cash Transaction Reports (LCTR).
o Suspicious Transaction Reports (STR).
o Electronic Funds Transfer Reports (EFTR).
4. Risk Assessment & Advisory
• Conduct annual Institutional Risk Assessments regarding money laundering and terrorist financing.
• Provide AML advice to business units (Corporate Banking, Trade Finance, Treasury) during the product development phase.
5. Compliance Training & Culture
• Prepare materials and conduct AML/CTF training sessions for all bank employees.
• Act as a point of contact for staff inquiries regarding AML policies.