Head of amlCIMB

Why We Exist
The most awarded digital bank in the Philippines and the fastest growing bank in ASEAN, with over 50 prestigious digital banking awards and 4.5M customers.
We entered the Philippines market to spark the future-ready, customer-obsessed transformation in the Banking sector. Since our launch, we have rallied behind the vision of bringing an accessible and seamless banking experience to the consumers while helping them achieve financial freedom. We aim to be the most trusted digital bank for every Filipino.
The People & Culture
We call ourselves CIMB Mavericks - unique individuals who are thriving in a fast-paced and highly competitive environment. Everyone who joins CIMB Bank is not afraid to own big responsibilities and are very persistent in creating new ways to achieve our goals. Aside from looking after our own successes, we embody malasakit and ensure that we also take care of our colleagues' feat. Every day we are fueled by our shared purpose. To top it off, we thrive in a modern work environment which allows us to be fun to the core.
Overview of the Role
The Head of AML will assist the Chief Compliance Officer in effectively managing and implementing the CIMB Bank Philippine's regulatory compliance and AML/CFT strategies, direction and initiatives. Likewise, facilitate the Bank's compliance and adherence to relevant laws, rules, regulations, standards as well as Group's policies and procedures governing its day-to-day operations, in accordance with the Compliance Department's mandate under BSP Circular 972 Enhanced Guidelines in Strengthening Compliance Frameworks.
Key Responsibilities:
Develop and implement regulatory compliance and AML/CFT activities to comply with all applicable laws, rules, regulations, guidelines and standards, as well as the Group Compliance's policies and procedures.
Assist the Chief Compliance Officer (CCO) in preparing and updating the CIMB Bank Philippines Compliance Program as well as to monitor the key compliance issues and initiatives to ensure that compliance risk across all business units are properly managed.
Ensures that all policies and procedures for compliance and AML/CFT are up-to-date and abreast with the latest issuances, regulations and Group standards.
Continually assess effectiveness of CIMB Bank Philippines' compliance and AML/CFT policies, procedures and systems.
Conduct regulatory review on the controls implementation and regulatory risks within the business units.
Perform gap and risk impact analysis on existing and new regulations to ensure that the appropriate controls are in place.
Oversee completion of business units of the Compliance Self-Assessment Matrix and reporting of the results to the Chief Compliance Officer (CCO) and CIMB Bank Philippines Senior Management.
Work closely with the DCOROs and HODs of respective business units in conducting independent testing to oversee effectiveness of controls and access inherent compliance risks.
Ensure implementation of the Annual Compliance Risk Assessment Methodology.
Manage and monitor compliance breaches/potential suspected non-compliance or any irregularities to the regulation.
Coordinate with business units in conducting root cause and impact analysis of identified regulatory and AML/CFT breaches.
Monitor and ensure that the business units has taken/will take appropriate remedial actions and establish preventive measures to avoid recurrence.
Provide compliance assessment and advisory to business units on existing and new regulatory issuances
Recommend and provide value-added advice on the adequacy of controls within business units in managing and mitigating regulatory and AML/CFT risks effectively.
Review and assess regulatory and AML/CFT risks during new products/services/process/policy/infrastructure projects sign-off.
Ensure compliance with relevant reporting requirements
Monitor and identify regulatory and AML/CFT issuances that requires periodic prudential reporting.
Provide reporting units with the regulatory guidelines necessary for the completion of the prudential reports.
Ensure timely and accurate completion of prudential reporting requirements of relevant business units.
Manage regulatory relationships
Assist the Chief Compliance Officer (CCO) as a central point of contact with regulators.
Promote a culture of compliance awareness
Assist the Chief Compliance Officer (CCO) in strategizing and planning activities to promote compliance culture across CIMB Bank Philippines.
Ensure appropriate training, advisories and communications on regulatory and AML/CFT issuances, and compliance policies and procedures are cascaded to all employees.
Qualifications:
Relevant degree or equivalent from a recognized University
With at least 4-7 years of working experience in AML, minimum 3 years of which in people management
Significant experience gained in the banking industry, preferably in compliance, risk management, legal, audit, operations, etc.
Required Competencies and Skills
Detail oriented person with desire to help business and organization in meeting regulatory expectation.
Personal authority with proven ability to establish relationships and exert influence at senior levels and with regulators and other external stakeholders.
A strong understanding of the country regulatory environment.
Good judgment enabling the provision of sound advice in difficult area of law, regulation and practice and the pro-active management of compliance and regulatory risk.
Take independent action or proactively create opportunities to resolve or prevent problems in keeping with role.
A strategic thinker with ability to manage and give leadership to subordinates
Strong integrity, independence, robustness and resilience
Sharp business acumen, including the ability to assess risk
Strong leadership qualities, excellent inter-personal skill and analytical skill
Demonstrated ability to make appropriate and effective decisions under pressure.
Mid-Senior Level / Manager General Services Banking/Financial Institutions 1 opening Bachelor's degree graduate
Why We Exist:The most awarded digital bank in the Philippines.We entered the Philippines market to spark the future-ready, customer-obsessed transformation in the Banking sector. Since our launch, we have rallied behind the vision of bringing an accessible and seamless banking experience to the consumers while helping them achieve financial freedom. We aim to be the most trusted digital bank for every Filipino. The People & Culture:We call ourselves CIMB Mavericks - unique individuals who are thriving in a fast-paced and highly competitive environment. Everyone who joins CIMB Bank is not afraid to own big responsibilities and are very persistent in creating new ways to achieve our goals. Aside from looking after our own successes, we embody malasakit and ensure that we also take care of our colleagues' feat. Every day we are fueled by our shared purpose. To top it off, we thrive in a modern work environment which allows us to be fun to the core.
Kalibrr

Taguig City, Metro Manila
Permanent
Full-time