VP, Transaction Monitoring & Regulatory Controls
Core
Regional oversight and second-line challenge of the Transaction Monitoring (TM) framework and regulatory controls (FATCA, CRS) across Asia.
Role type
VP, Transaction Monitoring & Regulatory Controls
Builds
TM governance, risk assessment, scenario effectiveness, systems implementation, and control enhancements for financial crime detection.
Domain
Financial Services / Anti-Money Laundering (AML) / Regulatory Compliance
Deliverable
production ML models
Required skills
Transaction monitoring, AML/CFT, FATCA, CRS, MAS requirements, risk assessment, system design, stakeholder management
Preferred skills
Wholesale Banking (Trade Finance), ACAMS or ICA certification
Technologies
Integrated KYC systems, post-transaction payment monitoring systems, trade-based monitoring systems
Responsibilities
Provide regional Compliance oversight of the Transaction Monitoring framework; Review TM performance metrics, alert volumes, false-positive rates, and emerging typologies; Challenge and support business and data-mapping activities to ensure system configurations meet financial crime monitoring objectives; Provide effective challenge and analytical support for the development, tuning, and optimisation of risk scenarios, parameters, and thresholds within financial crime detection logic; Assess monitoring tools, provide advice, and support their implementation to ensure adequate coverage of regulatory red flags; Oversee FATCA and CRS reporting governance and regulatory submissions; Review and effectively challenge annual external FATCA, CRS, and USW reporting, internal risk assessments, key control testing, and product assessments.
Seniority
VP, strategic oversight & mentorship