AML OFFICER

Bank of the Philippine Islands (BPI)


Date: 11 hours ago
City: Manila
Contract type: Full time
Job Summary

Assists the Section Head in managing the alerts generated by the bank’s AML transaction monitoring systems.

Duties & Responsibilities

  • Review transactions of customers that are subject of alerts.
  • Analyze, investigate and identify all suspicious transactions.
  • If necessary, refer transactions to the concerned branch/business unit/Relationship Officer for additional information and/or documents to aid in the disposition process.
  • If transaction(s) was considered to be suspicious, prepare the investigation report and route to the Money Laundering Evaluation Committee (MLEC) for decision as to filing of Suspicious Transaction Report (STR) and corresponding AML risk profile.
  • Prepare necessary STR, based on MLEC decision, for transmission to Anti-Money Laundering Council.
  • Route request for approval to include customer in the NDB-AML Private List, based on MLEC decision.
  • Ensure that justification on decisions made on all AML alerts, i.e. close or report, are adequately recorded and and/or supported with copies of necessary documents.
  • Maintain all documentation, records and communications in relation to analysis, investigation and resolution of AML alerts.
  • A ct as subject matter expert or consultant on AML-related matters.
  • Updates oneself on any AML-related matters through trainings.
  • Handles additional/new assignment that may be given by the AML Management Unit Head.

SKILLS & QUALIFICATIONS ;

  • Knowledge
  • Understanding of relevant laws and regulations and their potential impact on the Bank’s operations/services and the principles/framework of bank compliance
  • Skills
  • Good analytical skills
  • Attention to details
  • Average training skills
  • Proficient in written and oral communication.
  • Computer literate
  • Experience

At least 2 years work experience in AML function or banking operations or internal audit

How to apply

To apply for this job you need to authorize on our website. If you don't have an account yet, please register.

Post a resume

Similar jobs

Retail Brand Manager - SCommerce

Shopee, Manila
1 week ago
Job DescriptionManage Top/Aspirational Brands: Lead prominent brands with retail (outright) models to drive growth within the warehousing and fulfillment business unit, bolster platform branding, and attract new buyers.Own Sales and Profitability: Take full ownership of sales and profit for assigned retail accounts, with the flexibility to design and implement growth strategies tailored to each brand’s potential on our platform.Drive Pricing...

IT BUSINESS ANALYST

Bank of the Philippine Islands (BPI), Manila
1 week ago
The Business Systems Analyst is the liaison between the business group, vendors, and the information systems group. The Business Systems Analyst analyzes the project requirements, functional specifications, and assists the business in documenting the requirements to ensure the development of a comprehensive solution. The Business Analyst is assigned 1 to 3 concurrent projects/initiatives that are aligned to a single business...

CRM CHANNEL & ENGAGEMENT OFFICER

Bank of the Philippine Islands (BPI), Manila
1 week ago
The CRM Channel & Engagement Officer is responsible for managing the execution of campaigns targeted to clients that call for email, messaging/SMS, and other digital channel treatments to support customer relationship management strategies and executing engagement strategies to enable employees to adopt to changes in roles, processes and technologies, in conjunction to implementation of customer relationship management strategies and programs...