Aml Investigation Compliance Officer

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The CRO division develops and oversees the global framework for risk identification, control, reporting, and management within the risk tolerance for the various business activities for Julius Baer, aiming at sustainable growth of the franchise. As a member of the CRO division, the incumbent is expected to abide by relevant principles and expectations as specified in the CRO Business Organisation Manual.

Compliance is part of the Risk, Legal and Compliance Division of Julius Baer and supports the Senior Management in ensuring compliance with external and internal regulations to actively manage operational, regulatory and reputational risks.

The AML Investigation Compliance Officer is part of AML Controls and is responsible for AML investigations and reviews undertaken by Compliance Singapore for and behalf of BJBS.

AML Controls supports both the BJBS Branch and the Julius Baer Trust Company (JBTC) in respect of BJBS-booked trust accounts.

**YOUR CHALLENGE**:
**People **Management**
- Support the CRO and Senior Management of BJBS Branch and JBTC in ensuring compliance with external and internal Regulations in the areas mentioned above and thus actively manage operational, regulatory and reputational risks.
- Work with Front Office, Risk Management and the other teams in Compliance in the AML investigations and reviews for BJBS Branch and JBTC in respect of BJBS-booked trust accounts.

**Client Management (internal & external)**
- Build strong relationships with key stakeholders such as the Front Office, Risk Management, and the other teams in Compliance.
- Support Head of AML in undertaking AML investigations for BJBS booked and/or advised accounts.
- Maintain good regulatory relationships with MAS and law enforcement agencies in Singapore
- Working closely with Zurich Head Office and overseas offices (particularly, Hong Kong, Dubai and Thailand) to provide input on cross border relationship management and local regulatory development.
- Assist in handling ad hoc legal and compliance issues relating to AML Investigations, attending to related enquiries and handling inspection by regulators, auditors (internal and external) and Head Office

**Business Management**
- Review and assess escalated cases to AML/KYC Team in Compliance Singapore for AML/CFT risk and create Manual Cases for an AML review/investigation, where warranted.
- Undertake fair and thorough AML reviews /investigations to identify suspicious activities and to file Suspicious Transaction Reports (STRs) in due time.
- Undertake effective Post-AML Investigation risk management by assessing and taking the relevant actions following an AML investigation, including exit and/or blacklist recommendation, heightened monitoring and trigger CDD Reviews.
- Support the Head of AML and Head of KYC in providing guidance and advice to the management and local risk committees on the AML/CFT risk of a client relationship, including whether a STR and/or client exit (for cause) is warranted in a particular case.
- Support the Head of AML in BJBS’ exchange of AML-related intelligence with Head Office and other BJB locations
- Support the Head of AML to prepare and present relevant Management Information to Management and local risk committees on AML/CFT issues, trends and emerging risks.
- Support the Head of AML to respond and address queries raised by regulatory authorities in relation to STRs or Investigations.
- Conduct STR Post Mortem for significant STRs, to identify potential lapses of the Bank which may have caused a delay in the STR reporting.
- Assist in the management of the implementation of the new automated AML Transaction Monitoring tool and case management tool in BJBS.
- Review and update policies, guidelines and procedures relating to AML Investigations
- Preparing and implementing AML-related training programs to all employees.
- Work closely with the KYC Team and Transaction Monitoring team in relation to ongoing sharing of knowledge and cases experience between groups.

**Regulatory Responsibilities &/OR Risk Management**
- Demonstration of appropriate values and behaviours including but not limited to standards on honesty and integrity, due care and diligence, fair dealing (treating customers fairly), management of conflicts of interest, competence and continuous development, adequate risk management, and compliance with applicable laws and regulations
- Ensure that suspicious activities are investigated thoroughly and STRs are reported in due time
- Ensure timely assistance and cooperation is rendered to MAS’ and law enforcements’ requests for information.

**YOUR PROFILE**:
**SKILLS REQUIREMENTS OF THE POSITION**

**Personal and Social**
- Strong Personality with good organisational skills
- Excell