Regional Kyc Lead

ING Wholesale Banking (WB) Asia is seeking a _Regional KYC Lead,_ to support KYC, AML & Transaction Monitoring related initiatives & deliverables in the APAC region spanning 10 WB locations.

Job description

This role requires strong FEC Knowledge & hands-on experience of implementation and management of these frameworks within large banks & will act as KYC Risk Ambassador within 1st LoD & promote a strong KYC Risk culture across the organization.

Key Responsibilities include-
- This role will also require extensive collaboration with internal 1st LoD, 2nd LoD & 3rd LoD regional and global stakeholders to drive discussions, decisions, escalate and embed appropriate governance on the topic as required.- Responsible to coordinate and facilitate annual KYC Risk Assessment execution across Asia locations.- Monitor and act upon Financial Crime Risk Appetite Key Risk Indicators and report regularly to Asia Senior Management for governance purposes and action.- Manage intragroup and external outsourcing of all CDD/KYC/TM related services including due diligence in-line with WB Sourcing Governance Framework. Oversee the service performance and monitor/act upon the issues related to outsourced services.- Convene & run governance meetings such as KYC Working group & Regional KYC Committee for the region with key regional & global stakeholders.- Represent Asia’s interests in engaging with Global KYC and drive global strategy across the Asia region.- Act as the owner of AML/KYC controls for Asia by executing/managing the control testing and evaluating the control effectiveness annually.- Constantly review & identify opportunities for process improvements via automation in the end-to-end chain from CDD, Periodic reviews, Ongoing transaction monitoring & offboarding.- Manage AML related internal and external audits and inspection and act as the issue owner where applicable.- Act as regional process owner to provide advisory and support to local process owner in managing and executing their responsibilities.- Coordinate with local and head office stakeholders to ensure issues with AML operations are being escalated and managed properly and in a timely manner.- Liaise with Global KYC Academy and Asia Business Control Office in AML training rollout, monitoring and reporting.

Knowledge and Experience- Bachelor’s degree mandatory with 12-15+ years of experience in Banking & Finance, with any additional professional qualification/FEC related certifications an added advantage.- Hands-on experience with implementing KYC/AML & TM operational & Governance principles across the organization, and a strong understanding of the end-to-end KYC processes and risks & controls in the front-to-back chain.- Experience with managing teams directly & with working in complex & federated organization structure.- Knowledge & hands-on experience with implementation of Tableau & PowerBI Dashboards will be an added advantage.- Experience of having improved AML/KYC/TM processes by leveraging AI/ML solutions is an added advantage.- Good project management skills being able to manage key work deliverables in a timely manner with good quality with ability for managing risks & dependencies.- Analytical, pragmatic, and problem-solving skills with an understanding of the regulatory environment in which banks operate.- Is a self-starter and a hands-on team player & strong individual contributor who is good at driving engagement across levels on content discussions & for driving decision making amongst stakeholders.- Excellent communication & stakeholder management skills with local, regional & global teams.