AML Operations Analyst  

Why We Exist

The most awarded digital bank in the Philippines & the fastest growing bank in ASEAN.

We entered the Philippines market to spark the future-ready, customer-obsessed transformation in the financial services sector. Since our launch, we have rallied behind the vision of bringing an accessible and seamless banking experience to the consumers while helping them achieve financial freedom. We aim to be the most trusted digital bank for every Filipino.

The People & Culture

We call ourselves CIMB Mavericks - unique individuals who are thriving in a fast-paced and highly competitive environment. Everyone who joins CIMB Bank is not afraid to own big responsibilities and are very persistent in creating new ways to achieve our goals. Aside from looking after our own successes, we embody malasakit and ensure that we also take care of our colleagues’ feat. Every day we are fueled by our shared purpose. To top it off, we thrive in a modern work environment which allows us to be fun to the core.

Overview of the Role

CIMB Bank Philippines is looking for AML Operations Analysts who will assist the Head of AML Compliance and the AML Operations Manager in identifying and reporting any possible AML/CFT activities.

The AML Operations Analysts will be based in Taguig City, Philippines, and shall report as individual contributors under the Head of AML Compliance who is based in the Philippines.

1. Ensure timely and accurate reporting of AML/CFT related reports

• Coordinates with the concerned business units of the timely preparation of the suspicious transaction report.
• Reviews STRs prepared and revise, if necessary, to ensure that information is complete and in accordance to AMLC’s reporting standards and transmits the final STR through the AMLC portal after securing the AML/CFT Committee’s approval.
• Ensure accuracy, completeness, and timeliness of reporting of covered and suspicious transactions, reports on crimes and losses, and handling of AML-related court cases (i.e. Freeze Orders)

2. Ensure prompt and appropriate disposition of alerts generated through 1AML Detica System

• Periodically review alerts to determine if there are generated in accordance to the defined parameters and thresholds.
• Conduct root cause analysis of any concerns emanating from the review and recommend appropriate system enhancements to resolve alert issues.
• Review the alerts generated and conduct preliminary assessment and verification on the transactions.
• Dispose transaction alerts promptly and document action taken based on verification conducted.

3. Analyse customer data, transaction details and other available data to provide comprehensive management reports.

• Relevant degree or equivalent from a recognized University
• 2-3 years’ work experience in AML Alerts management and investigation
• Familiarity with AML rules and regulations
• Background in PH banking doing AML work