Educational Qualification: A Bachelor’s degree in Business Administration, Finance, Banking, Law, or a related field is required. A master’s degree is highly preferred.
Job-Related Knowledge/Specific Skills:
- Strong knowledge of banking regulations and compliance requirements.
- Sound understanding of AML, KYC, CDD, CTF, sanctions screening, and regulatory reporting.
- Experience in compliance monitoring, risk assessment, and internal control processes.
- Ability to interpret and implement regulatory requirements and internal policies.
- Strong analytical, investigative, and problem-solving skills.
- Excellent report writing and communication skills.
- Proficiency in Microsoft Office and compliance monitoring systems.
Competencies:
- Leadership and people management
- Integrity and ethical judgment
- Regulatory and risk awareness
- Analytical thinking
- Decision-making and problem-solving
- Communication and stakeholder management
- Planning and organizational skills
- Accountability and results orientation
- Attention to detail
- Coaching and team development
Duty & Responsibilities
- Review, verify, prepare, and submit Threshold Transaction Reports (TTR) and Suspicious Transaction Reports (STR) to relevant regulators (Central Bank of Myanmar/FIU) in accordance with applicable regulatory requirements.
- Provide required information and support in response to requests from other banks or regulators, respond to related inquiries, and perform necessary data uploads into relevant systems.
- Issue internal instructions and notices based on regulatory guidelines and closely monitor the implementation and compliance of such requirements across the Bank.
- Register, review, and verify KYC information submitted by branches in a systematic and accurate manner.
- Review relevant agreements and contractual documents related to Core Banking System upgrades or changes to ensure compliance with applicable legal and regulatory requirements.
- Review and assess account opening forms and related processes within the new Core Banking System to ensure compliance and operational effectiveness.
- Conduct periodic reviews of the Bank’s established policies and procedures to ensure alignment with applicable laws, regulations, and regulatory requirements.
- Review, assess, and provide compliance recommendations from a compliance perspective for new products and electronic services proposed by relevant departments.
- Calculate, review, and report required financial ratios for assessing the risks associated with partner organizations, where applicable.
- Collect, consolidate, prepare, and present required information, reports, and data for meetings attended by the Chief Compliance Officer.
- Participate in regulatory meetings and internal/departmental meetings as required, and provide necessary discussions, updates, and recommendations.
- Attend relevant banking-related training programs and provide knowledge sharing or training sessions to bank employees as required.
ENG
