Support the AML Compliance Unit in liaising with the Anti-Money Laundering Council Secretariat (AMLC), in matters relating to the Bank's compliance with AML regulations.
Ensure that documentary requests by the AMLC and Correspondent Banks are acted upon and submitted in a timely and accurate manner. Consolidate answers to correspondent inquiries on specific customers.
Ensure freeze orders issued by the Courts against cited accounts, materially-linked accounts or related accounts are implemented immediately by the concerned units.
Ensure that all AMLC/BSP circulars/regulations are cascaded to the units within 1 week of release and appropriate gap analysis conducted vs existing MTPP.
Render advice on MTPP queries from branches and units, with prior clearance from the CCGO/AML Policy Head.
Assist in the investigation of CTR/STR-related issues from Compliance Testing Unit and from the various branches and units.
Update EDD questionnaires on specific high-risk businesses, as may be assigned by the CCO.
Ensure timely updating of AML negative lists pertaining to negative news, regulators advisories, STRs filed and high-risk entities like OGBs and MSBs, and their owners and key officers, that are obtained from newspapers, regulators websites and internal STR files.
Ensure that the SEC and IC Advisories on Scams/ Illegal Activities are updated in the AML Watchlist and liaise with the CCO for dissemination of information to the units/groups/branches.
Conduct compliance testing when requested, dissemination of the results thereof, reporting of the results and feedback from various units/groups/branches tested and monitoring of the results and action plans of the units/groups/branches in a timely manner.
Act as Secretariat backup for the AML Committee (AMLACOM) and consolidate and distribute materials from various units to the AMLACOM members.
Conduct AML Trainings in coordination with the AML Policy Head and CCO for employees of the Bank, third party providers or outsourced service providers.
Perform other related duties that may be assigned from time to time by the CCO.
