Job Description

Strategic

• Develops an overall strategy for Fraud / ABC compliance in order to ensure Fraud & ABC standards and requirements are implemented to a high standard throughout Group
• Develops overall strategy for anti-tax evasion compliance in order to manage new emerging risks while achieving the Bank’s business strategic objectives within applicable compliance frameworks. Support the ongoing design, implementation, and execution of the Anti-Tax Evasion program.
• Acts as subject matter expert on all Fraud, Bribery & Corruption, Tax Evasion compliance related topics impacting group.

Advisory

• Manages the flow of Fraud, Bribery & Corruption, Tax Evasion escalations, ensuring that responses are provided by the team in a timely manner and that key stakeholders are engaged as necessary
• Develops detailed analysis and recommendations for Fraud/ ABC/ Tax evasion compliance related escalations from business & support units
• Supports and in some cases manages proactive engagement with business & support units, providing updates on for Anti Fraud/ ABC/ Tax evasion compliance issues
• Supports the oversight of the Anti Fraud/ ABC policies to ensure compliance with regulatory and Group standards.
• Provides oversight of Anti Fraud/ ABC policies, exemptions, exceptions and breaches.
• Provides advice and guidance to business & support units regarding industry best practices and compliance with the Group Anti-Tax Evasion Policy and related laws, rules and regulations.
• Builds strong partnerships with key Line 1 and 2 stakeholders (particularly in private and wholesale banking) by strengthening the Bank’s anti-tax evasion compliance controls and framework.

Policies/procedures and training

• Design and implement the Line 2 compliance framework for Fraud/ ABC/ Tax evasion
• Oversees and owns policies relating to Fraud/ ABC/ Tax evasion compliance, supporting business units in the implementation of an effective control framework
• Defines and update procedures for the Fraud/ ABC/ Tax evasion compliance team to ensure that Fraud/ ABC/ Tax evasion activities are conducted with robust processes that ensure sufficient support to business & support units on Fraud and ABC issues
• Defines strategy and delivery of training on Fraud/ ABC/ Tax evasion requirements and Fraud and ABC compliance related initiatives
• Maintains relevant training material on Fraud/ ABC/ Tax evasion compliance and updates material to accommodate new risks and regulatory requirements

Senior Management engagement

• Reviews and summarizes to Senior Management and relevant Committees any Fraud/ ABC/ Tax evasion compliance issues/matters that are significant/strategically important
• Oversees metrics and management reporting to relevant Senior Management on Fraud/ ABC/ Tax evasion risk management

Job Requirement

• Bachelor’s degree in banking and/or audit.
• 3-5 years of experience in the financial industry with a specific focus on Fraud and/or ABC/ Tax evasion.
• Strong knowledge of Fraud and/or ABC regulatory frameworks, understanding of regulatory landscape and industry practices relating to tax evasion compliance
• Good analytics and problem-solving skills.
• Ability to work in a fast-paced and team-oriented environment.
• A strong and assertive communicator in speaking & writing.