Assistant Vice President (Compliance Section)

Key Responsibilities

• AML/CFT Oversight: Reviewing Anti-Money Laundering (AML) and Combating the Financing of Terrorism (CFT) alerts, and ensuring strict adherence to Customer Due Diligence (CDD) guidelines.
• Regulatory Monitoring: Tracking new banking laws and directives from regulatory bodies and implementing control frameworks to adapt to these changes.
• Policy Implementation: Assisting the Head of Compliance in developing, maintaining, and executing internal policies and risk management procedures.
• Alert & Transaction Monitoring: Analyzing name screening alerts and investigating transaction surveillance activities for suspicious activities.
• Training and Auditing: Designing compliance training programs for bank employees and conducting sample checks or independent testing of branch operations.
• Liaison: Serving as a point of contact for external auditors and local regulators, such as the Central Bank of Myanmar (CBM), especially regarding blacklists or high-risk profiles like Politically Exposed Persons (PEPs).

Requirement

• Bachelor’s degree in Banking & Finance, Law, Economics, Accounting, or a related field.
• Typically 3 to 5 years in banking, with a strong focus on AML/CFT compliance, internal audit, or risk management.
• Preference for candidates with professional credentials such as Certified Anti-Money Laundering Specialist (CAMS) or International Compliance Association (ICA) diplomas.
• In-depth understanding of local banking directives, Financial Action Task Force (FATF) standards, and KYC/CDD protocols
• Good understanding of Central Bank regulations and international practices.
• Strong analytical abilities, sharp ethical judgment, and effective communication in English and local languages
• Ability to handle several complex tasks simultaneously
• Ability to effectively prioritize tasks, maintain timelines and manage/plan workloads
• Effective communication, interpersonal and stakeholder management skills