Senior Analyst AML Advisory & Assurance

Job description:
- The role is to perform mainly AML Advisory and AML assurance, to cope with increase of workload due to local regulatory and internal policy requirements on AML/CTF/Sanction as well as business advisory requirements.
- This role will be responsible for providing expert advice and decision-making for the transaction monitoring activities and perform quality assurance activities, for SMBC Vietnam Branches, contribute to maintain sound and efficient AML/CFT/Sanctions framework, systems and internal rules to ensure the Bank complies with Head Office/Regional Rules, local laws and regulations.
- The Job holder will handle:
1. Advisory & Decision-Making for Transaction Monitoring:
• Act as the first contact with other departments for AML/CFT/Sanctions advisory matters to provide continuous advisory support on AML/CFT/Sanction matters across the Branches;
• Review procedure manual of other departments, including but not limited to Transaction monitoring Investigation Guidelines, CDD Procedure, DUG goods & price check, etc. to ensure compliance with Head Office/Regional rules and applicable local regulations and mitigate AML/CFT/Sanctions risk;
• Review and approve new products or changes in existing products from AML/CFT/Sanctions risk perspective;
- Assess and provide expert opinions on risk papers from different departments ensuring AML/CFT/Sanctions risk are adequately considered and mitigated;
- Approve KYC checklists for high risk customers;
- Support to response AML/CFT/Sanctions queries from counterparty banks
- Serve as decision maker (second-level investigator-SLI) for alert generated by the transactions monitoring system and review suspicious activity to determine whether an STR should be filed with the relevant authorities;
- Develop and delivery AML/CFT/Sanction training for bank-wide staff;
- Respond to inquiries from internal and/or external auditors related to AML/CFT/Sanctions matters;
- Join AML/CFT/Sanctions related projects including systems enhancement;
- Liaise with regulator enquiring on AML related matters;
- Stay informed of regulatory updates and trends in AML/CFT/Sanction, ensuring the organization adapts its processess as needed.
2. Quality Assurance and sample checking:
• Perform monthly post-check on Transaction filtering alerts and name screening alerts handling by other departments;
• Be responsible for the effectiveness of the testing & monitoring program in Vietnam;
• Perform testing as per approved plan and report result to AML Team Lead, AMLO and Management;
• Work with relevant departments in providing recommendations for changes in controls to improve risk management and corrective actions for identified issues;
• Follow up on the identified issues until remediation is completed and actions in place to prevent future recurrence;
• Support Regional teams in all testing/sample checks performed by them;
3. Others
• Assist with the preparation of periodic and ad-hoc report for management, compliance committee, etc.
• Maintain the department's guidances, ensuring they are timely updated to reflect all requirements from Head Office/Regional, local regulations and key AML risks and controls;
• Perform other tasks in AML Team as assigned by TL, HOD and Management from time to time.
4. Teamwork
• Cooperate well with team members in daily work, ensuring the team objectives are achieved
• Cooperate well with stakeholders in other departments in daily work, contributing to improving compliance and conduct culture of the bank
• Share expertise with team members