AML Advisory Manager : Virtual Bank

1. Policy, Regulatory Alignment & Governance

- Drafts, reviewed and updated every year to ensure that the Bank's AML/CTPF policies, procedures, and guidelines remain strictly aligned with regulatory requirements and AMLO expectations.

-Implements and maintains specific KYC, CDD, EDD, Ongoing CDD, and Periodic Review policies, procedures, and guidelines in accordance with AMLO regulations, industry standards to comply with regulation.

2. Nano Lending Mitigation: Closing the Gaps and Preparing for Entire Business Transfer (EBT)

- Provide recommendations to the business to close lending gaps.

- Review and consult on the action plan for migrating the customer portfolio from NNO to VB under the EBT plan, ensuring full regulatory compliance.

- Review and collect AML/CTPF non-compliance cases, create action plans for related teams to solve issues, and present them to management.

3. Daily Operations & Customer Lifecycle Management (KYC/CDD/EDD)

- Oversees daily KYC/CDD/EDD operations, including customer onboarding, customer risk assessment, periodic reviews, trigger-based reviews, and enhanced due diligence (EDD) to ensure accurate customer identification and verification.

- Designs, implements, and oversees VB/NNO ongoing customer review program (including periodic and event-triggered reviews) to keep customer information, beneficial ownership details, risk ratings, and activity profiles current and accurate.

4. Risk Assessment & Mitigation

- Supports AML/CTPF risk assessments relating to products, services, customers,

New Technologies, geographic locations, NRA and recommends appropriate risk mitigation measures and reports to Executive Management.

- Provides expert AML/CTPF regulatory advice and recommendations on new product launches, customer onboarding processes, and geographic expansion initiatives, ensuring zero significant or major audit findings during AMLO examinations

5. Monitoring, Frameworks & Quality Assurance (QA)

• Maintains the AML/CTPF Self-Assessment framework, evaluates compliance with regulatory requirements, and identifies remediation or enhancement opportunities.
• Conducts AML compliance monitoring, investigates compliance issues, and recommends corrective actions.
• Manages the QA program for KYC/CDD/EDD and customer review activities to ensure accuracy, consistency, and regulatory compliance.

6. Internal Collaboration

• Partners with business units and subsidiary companies (NNO) to identify, assess, communicate, and mitigate AML/CTPF risks, including the development of AML/CTPF guidelines and Self-Assessments.
• Performs due diligence and ongoing monitoring of partners and other relevant third parties in accordance with regulatory and internal requirements.

7. IT Development, Process Optimization & Audit Remediation

• Collaborates with IT and stakeholders to enhance technology solutions supporting KYC/CDD/EDD, customer reviews, and due diligence processes.
• Drives process improvements to strengthen controls, improve efficiency, reduce manual effort, and enhance customer experience while maintaining compliance.
• Manages remediation of audit findings, regulatory examinations, and compliance-related inquiries.

8. Training & Other Assigned Projects

• Develops and delivers AML/CTPF training and awareness programs for employees.
• Prepares VB documentation and coordinates CFR system integration with NITMX to support Mule Account requirements.
• Participates in RCSA activities and the development of KRIs with Risk teams.