ING Bank
ING Bank covers Wholesale and Retail Banking in Asia Pacific. Our Wholesale Banking business is present and active in 11 major economies in the Asia Pacific, namely China, Hong Kong SAR, India, Indonesia, Japan, Philippines, Singapore, South Korea, Taiwan and Vietnam.
Overall Function
As Manager/Associate, is responsible for managing the day to day advise requests coming in from the FO / CDU teams, review the required MI / reports and discuss / escalate FCC risks arising from the files and or alerts
Job Description
Advise the business on sanctions compliance, handling escalations during pre-transaction screening and transaction monitoring
Perform vessel due diligence such as vessel movement, ownership, AIS checks
Keep up to date with all the latest regulatory requirements and provide guidance and advice to the management, business and internal stakeholders
Perform annual close monitoring on high risk clients providing management insight into their activities
Perform 2LoD review and oversight on FATCA/CRS
Support the MLROs with escalation reviews, as deemed appropriate
Participate in the risk assessments challenging the submissions from the 1st line
Support on matters related to ABC and address queries as required
Perform second line review of FATCA / CRS submissions and challenge the 1st line on reportable clients / numbers
Handle Sanctions / ESR escalations from first line
Contribute to AML survey/questionnaire as required by Head Office and/or regulators
Requirements
Degree in Accountancy, Banking, Business or Law, or relevant professional qualification
Minimum 6 years of relevant experience in Compliance in Banking environment
Ability to work well and influence senior management will be a great advantage
Excellent communication and interpersonal skills
An AML qualification such as CAMs, would be advantageous
