Submit, review and assess monthly suppression rules for payment screening.
Partake in policy decision on screening risk tolerance, list management, screening approach and strategy etc.
Monitor and interpreting the developments around Sanctions laws, regulations and risk trends and how they impact the screening controls across the Group.
Dispense advice in relation to name and transaction screening from an AML/CFT & Sanctions perspective to key stakeholders in the Business and Support Units, Group Technology & Operations.
Design and implement robust quality assurance programs to ensure that the tuning and optimization approaches which are implemented in the screening systems do not result in the Bank breaching its Policies, Standards and Procedures
Reviews and contributes to the maintenance of Group Sanctions Policies and Procedures to ensure its effectiveness and relevancy to laws, regulations and best practices.
Provide consistent advice and implementation of Group Sanctions Procedure and the Group Watchlist Management and Screening Standards.
Provide key updates on Sanctions or screening related matters to the respective business forums and risk committees.
Work alongside Business Units and Business Compliance Officer in the management of Sanctions and screening controls and risk.
Any other support as required by the Head of Sanctions Policy, Advisory and Training from time to time.
Job Requirements
Degree and/or professional qualification in business or banking/financial services related areas.
At least 5 years of relevant work experience covering tuning and optimization of sanctions / AML screening systems in a global/ regional financial institution with a wide geographical coverage.
Expert knowledge and experience with the Fircosoft Continuity system functionality, algorithms and parameters will be an added advantage.
Prior experience in the implementation of machine-learning models or cutting-edge market solutions which aids in the reduction of false positive alert rates will be a plus.
Good knowledge and understanding of relevant sanctions laws & regulations, name/ payment screening best practices and the constantly-evolving payments and name screening landscape.
Self-driven, meticulous and resourceful, yet able to exhibit strong interpersonal and stakeholder management skills.
Ability to embrace and manage a multi-cultural stakeholder base.
Ability to appreciate the business and market environment which the Bank operates in, and the key risks that the Bank is exposed to.
Ability to identify, assess, monitor and mitigate risks in order to implement a robust Sanctions and screening framework to protect the Bank.
Ability to work effectively, under pressure, in a rapidly-changing environment, as well as autonomously and as an effective member of a dynamic Sanctions Policy, Advisory and Training team.
