Assists the AML Investigation Section Head, through the Team Leader, in the investigation of customers who are subject of adverse news/reports.
Responsibilities:
- Analyze, review and investigate all customers who are subject of Money Laundering crimes sourced from: Adverse and Regulatory cases, Fraud and Complaints, Referrals from business units and BPI Subsidiaries and Negative Media Reports
- Draft report on result of investigation for routing to the Money Laundering Evaluation Committee (MLEC) for decision on the filing of suspicious transaction reports (STR) and corresponding AML risk profile.
- Prepare STRs, based on MLEC approval, with accuracy and completeness and within the prescribed turnaround time and deadline.
- Facilitate communication and implementation of change in customer risk profile based on MLEC decision.
- Act as resource speakers for MTPP trainings to employees.
- Act as subject matter expert or consultant on AML-related matters
- Maintain all relevant documentation, records and communications.
- Update oneself on any AML-related reports that may affect the bank and/or its subsidiaries.
- Handle additional/new assignment that may be given by the AML Management
Qualifications:
- Graduate of Business, Banking and Finance, Management, Law or other related course
- At least 2 years work experience in Anti-money laundering or banking operations or processes or internal audit
- With adequate banking background and understanding of the laws on Anti-Money Laundering and related banking regulations
