Associate Director, Review Monitoring and Testing

General Description:

1. To establish and ensure timely execution of annual review monitoring testing plan covering regulatory and AML/CFT compliance.
2. To issue reports with the recommendations on reviews, testing and monitoring conducted.
3. To follow-up and report on action plans by the relevant functions from outcome of item (2) above.
4. To provide input with respect to internal control effectiveness in ensuring compliance with regulatory requirements. 

Roles and Responsibilities:

1. To establish and ensure timely execution of annual review monitoring testing plan covering regulatory and AML/CFT compliance. 
2. Prepare and report periodically on status of annual plan to HOD.
3. Issuance of review monitoring testing findings, provide recommendations and obtain action plans from issue owners and systematically track open action items to completion.
4. Review policies and procedures on internal control effectiveness to minimize regulatory breach.

Work Requirements:

1. At least 5-8 years' working experience in banking compliance review or audit.
2. Personal Attributes: Upholds integrity, excellent team player, excellent written and verbal communication skill, able to work under highly stressful environment and eye for detail.
3. Computer skills literacy: Microsoft Office - Word, Excel, Power Point

Education Requirements:

1. Bachelor's Degree in Banking, Finance , Accounting or any other relevant field.
2. Possess professional certification from reputable organization such as Institute of Internal Auditors.