Senior in AML (Consulting and Advisory Department)

Job Description:

• Update AML/CFT policy, Business risk assessment and compliance reports;
• Ensure that Mazars AML/CFT framework such as customer acceptance policies, the measures to control money laundering risk including guideline on the customer due diligence in accordance with the Anti-Money Laundering Act and the regular reviewing;
• Provide advice to all relevant departments/ divisions on AML/CFT matters;
• To conduct ongoing training courses including maintain the e-learning training presentation to be updated to promote the awareness of the AML/CFT laws and regulations and training on how to conduct the customer due diligence in accordance to Mazars’s policy;
• Identify high-risk operations (products, services, customers, and geographic locations); provide for periodic updates to the institution’s risk profile; and provide for an AML compliance program tailored to manage risks;
• Conduct self-assessment and work with different departments to follow up closure of gaps identified;
• Communicate key development and changes to the AML-CFT team;
• Ensure all management personnel and staffs are fully knowledgeable of the risks involved and about their responsibilities with regards to AML-CFT;
• Liaise with regulators;
• Meet all regulatory requirements and recommendations for anti-money laundering compliance: Co-operate with any lawful requests for information made by regulators during their inspection; Provide for periodic A full review of the company’s AML existing compliance program manual;
• To evaluate whether the program has been effectively implemented and whether the entity is complying with the policies and procedures in place;
• Check adequacy of AML risk-assessment procedures of the AML program;
• Check whether the organization is addressing the risk faced by its business in an effective manner;
• Review of past audit reports to assess the efficacy of recommended implemented changes;
• Assess money Laundering Reporting Officer functions and effectiveness;
• Conduct Test on Customer Due Diligence and Enhanced Due Diligence;
• Conduct Test on Transaction Monitoring and evaluation of automated monitoring systems;
• verify the Suspicious transaction reporting process;
• Verify the Targeted Financial Sanctions policies;
• Test completeness of Record keeping processes;
• Issue AML/CFT report and;
• Any other ad-hoc duties Assess the compliance Officer functions and effectiveness.