AML Compliance Testing Officer

ROLES AND RESPONSIBILITIES

Does (The tasks / responsibilities that the role performs to address requirements in Key Result Areas)

• Participate in the development of the Compliance Risk Assessment and Testing schedules
• With guidance of the Compliance Testing Head, identify testing controls and develop strategies to ensure appropriate testing
• Define the testing activities to meet the objectives
• Track and report Testing Activities
• Oversee the Self-Assessment exercise of the Testing subjects
• Identify the applicable regulations to the operation of the specific business
• Conduct the actual testing to assess the level of compliance to the of the Testing subjects
• Other tasks that may be delegated by the Compliance Testing Head and Chief Compliance Officer from time to time

Displays (The Knowledge, Skills, and Behaviors indicating how tasks / responsibilities will be performed)

• Deep compliance knowledge on AMLC regulations
• Strong analytical, investigative and reporting skills

Delivers (Specific outputs / tangible results produced by the role; resources responsible for)

• Provide initial Compliance Testing observations on Regulatory and AML/TF to the Compliance Testing Head
• Report exceptions noted and discuss the same with the Testing subject to identify the root cause of the findings and obtain commitment to the resolutions to the Compliance Testing Head
• Effectively interacts with business/unit representatives to ensure results are understood and recommendations are implemented
• Write the final Compliance Testing Report with the rating and recommendations