Job Description
Job Purpose
To support AML/CFT Manager – assist Head of AML/CFT who is the appointed Money Laundering Compliance Officer (MLCO) of the bank to oversee bank‑wide AML/CFT compliance management, specifically reviewing alerts prior to submitting to the Suspicious Transaction Report (STR) team.
Job Responsibilities
- Analyze, investigate and assess alerts generated via the AML system submitted for onward submission to the STR team.
- Check and analyze grounds for suspicion based on the recommended STR and pre‑set rules in the AML system.
- Request further information from the BUCO or BUCO representatives of branches, hubs or business units to support the drafted STR before submission to the STR reporting team (Level3).
- Request relevant documents from supporting units such as the Item Processing Centre and Payment Centre.
- Provide a meaningful, clear and proper justification for any dropped alerts as required by the QA team.