AML Compliance Lead

Monee Manila, National Capital Region, Philippines

Join to apply for the AML Compliance Lead - ShopeePay role at Monee

Monee Manila, National Capital Region, Philippines

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Join to apply for the AML Compliance Lead - ShopeePay role at Monee

• The AML Compliance Lead is responsible for managing the AML Compliance Unit of ShopeePay Philippines Inc.
• Shall be responsible for the management and oversight of the institution’s anti-money laundering, counter terrorism, and counter-proliferation financing (MTPP) program.
• This role shall ensure the proper implementation of related ML/CTPF policies, AML system, development and implementation of ML/CTPFSOPs, and conduct of institutional risk assessments.
• Additionally, the AML Compliance Lead will assist in the review and submission of Suspicious Transaction Reports (STRs) and Covered Transaction Reports (CTRs).
• Other Compliance tasks that may be assigned by the Chief Compliance Officer.

• The AML Compliance Lead is responsible for managing the AML Compliance Unit of ShopeePay Philippines Inc.
• Shall be responsible for the management and oversight of the institution’s anti-money laundering, counter terrorism, and counter-proliferation financing (MTPP) program.
• This role shall ensure the proper implementation of related ML/CTPF policies, AML system, development and implementation of ML/CTPFSOPs, and conduct of institutional risk assessments.
• Additionally, the AML Compliance Lead will assist in the review and submission of Suspicious Transaction Reports (STRs) and Covered Transaction Reports (CTRs).
• Other Compliance tasks that may be assigned by the Chief Compliance Officer.

• AML Policies and Procedures:
  • Develop, implement, and maintain AML/CTPF policies and procedures.
  • Ensure that AML policies and procedures are aligned with regulatory requirements and industry best practices.
  • Provide guidance and support to staff on AML policies, compliance reviews, and issues.
  • Ensure timeliness and accuracy of related AML/CTPF regulatory reports.
• AML System and Data Analysis:
  • Monitor and analyze AML system data to identify potential trends of suspicious activities for necessary enhancements of systems, policies, and/or procedures.
  • Utilize data analysis tools to enhance the detection and reporting of suspicious transactions.
  • Ensure the effectiveness and accuracy of AML systems and recommend improvements as needed.
• Institutional Risk Assessment:
  • Conduct comprehensive AML risk assessments to identify and evaluate potential risks within the institution.
  • Develop and implement strategies to mitigate identified risks and enhance the institution’s AML controls.
  • Maintain and update the institutional risk assessment framework as necessary.
• STR and CTR Review and Submission:
  • Manage the review of Suspicious Transaction Reports (STRs) and Covered Transaction Reports (CTRs) for accuracy and completeness.
  • Ensure timely and accurate submission of STRs and CTRs to relevant regulatory authorities.
  • Maintain records of all submitted reports and provide necessary documentation during audits or examinations.
• Training and Awareness:
  • Develop and deliver AML training programs to ensure Director/s, Officers, and staff awareness and understanding of AML requirements.
  • Promote a strong culture of compliance within the institution through ongoing education and awareness initiatives.

• Bachelor’s degree in Finance, Business, Law, or a related field. Advanced degree or professional certification (e.g., CAMS, CFE) is preferred.
• Minimum of 7-10 years of solid experience in AML compliance roles or functions.
• Strong knowledge of AML laws, regulations, and regulatory requirements.
• Proficiency in AML/CTPF laws, rules, and regulations.
• Excellent analytical, problem solving, and decision making skills.
• Effective communication and interpersonal skills.
• Ability to work independently and manage multiple tasks and deadlines in a fast paced environment.
• Detail Oriented with a strong commitment to accuracy and compliance.

• Mid-Senior level

• Full-time

• Finance and Sales