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AML Compliance Sanctions Screening Lead

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GCash

2mo ago

  • Job
    Full-time
    Senior Level
  • Manila

AI generated summary

  • You must have knowledge of BSP and AML regulations, strong interpersonal and communication skills, and be highly organized to work efficiently under pressure and tight deadlines.
  • You will ensure AML compliance, review KYC and sanctions processes, coordinate with stakeholders, address audit findings, and lead innovative improvements in screening initiatives.

Requirements

  • 1) Knowledge of issuances of BSP, AMLC and other regulators Must possess good interpersonal, time management, written and verbal communication skills
  • 2) Highly organized and detail-oriented with the ability to work under pressure and within tight deadlines/cut-off

Responsibilities

  • 1) Assists the AML Compliance Head in ensuring that the company complies with the anti-money laundering rules and regulations and its Money Laundering and Terrorist Financing Prevention Program (MTPP)
  • 2) Creates and reviews KYC, and Sanctions Screening rules and requirements
  • 3) Coordination of KYC, and Sanctions Screening issues with stakeholders
  • 4) Reviews product requirements on KYC, and Sanctions Screening
  • 5) Reviews KYC and Sanctions Screening Compliance
  • 6) Supports the AML Compliance Head in all special projects assigned to the unit
  • 7) Provides AML related advice to other members/teams within the organization related to KYC, Sanctions Screening and other AML related concerns.
  • 8) Performs other duties that may be assigned from time to time.
  • 9) Responsible for the implementation of KYC, and Sanctions Screening processes
  • 10) Spearheads the innovation and improvements of KYC, and Sanction Screening
  • 11) Effective resolution of internal and regulatory audit findings
  • 12) Timely implementation of various AML projects and initiatives
  • 13) Collaborate with cross functionals effectively to address compliance related issues

FAQs

What are the main responsibilities of the AML Compliance Sanctions Screening Lead?

The main responsibilities include assisting the AML Compliance Head in compliance with anti-money laundering regulations, creating and reviewing KYC and Sanctions Screening rules, coordinating issues with stakeholders, reviewing product requirements, and supporting special projects related to AML compliance.

What qualifications are required for this position?

The position requires knowledge of issuances from BSP, AMLC, and other regulators, good interpersonal, time management, written, and verbal communication skills, and a highly organized and detail-oriented approach. The ability to work under pressure and meet tight deadlines is also essential.

What is the significance of KYC in this role?

KYC (Know Your Customer) is significant in this role as it involves creating and reviewing KYC processes to ensure compliance with anti-money laundering regulations and to effectively mitigate risks related to money laundering and terrorist financing.

What kind of projects will the AML Compliance Sanctions Screening Lead be involved in?

The AML Compliance Sanctions Screening Lead will be involved in various AML projects and initiatives, including the implementation of KYC and Sanctions Screening processes, innovation improvements, and addressing compliance-related issues.

Will there be opportunities for career growth in this role?

Yes, the role offers opportunities for career growth and development within the #1 FinTech company in the country.

What kind of team will I be working with?

You will be working with a dynamic and highly collaborative team that is committed to creating innovative financial solutions and changing the game in the FinTech industry.

What benefits does GCash offer for this position?

GCash offers a highly competitive and flexible compensation and benefits package for this role.

Realizing a vision of a cashless society leading to Finance for All.

Finance
Industry
501-1000
Employees
2015
Founded Year

Mission & Purpose

Mynt is the first and only duacorn in the Philippines. It's a leader in mobile financial services focused on accelerating financial inclusion through mobile money, financial services, and technology. Mynt operates two fintech companies: GXI, the mobile wallet operator of GCash — the #1 Finance App in the Philippines, and Fuse Lending, a tech-based lending company that gives Filipinos access to microloans and business loans. Mynt, through its fintech operations, is a staunch supporter of the United Nations Sustainable Development Goals (SDGs), particularly UN SDGs 5,8,10, and 13, which focus on safety & security, financial inclusion, diversity, equity, and inclusion as well as taking urgent action to combat climate change and its impacts, respectively.

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