Develop effective controls and procedures for identifying, monitoring, reporting and record keeping of suspicious activities - ensure that significant cases of suspected money laundering are subject to appropriate investigation and disclosure where necessary.
Closely working with Stake Holders.
Monitor with the respective Country Money Laundering Prevention Officers & external resources significant changes to local money laundering risks and legal / regulatory requirements. Communicating these changes and providing guidance to the Financial Crime Risk Transaction Monitoring Unit on how such requirements should be met.
Assist the Country Money Laundering Prevention Officer / Transaction Monitoring Unit Head to meet his/her obligations in terms of local laws, regulations and Group Policies and Standards for the prevention of money laundering.
Ensure that appropriate internal resources, systems, procedures and controls are in place and are operating effectively.
To undertake periodic self-assessment on key controls to assess the proper functioning and adequacy of existing controls.
To identify and report all weaknesses inherent in the standard controls.
Effective collaborative skills that contribute to positive working relationships with counterparts in money laundering Prevention Officer Network and the business.