AML Compliance Specialist - Transaction Monitoring

Headquartered in Tokyo, Sumitomo Mitsui Banking Corporation (SMBC) is a leading global financial institution and a core member of Sumitomo Mitsui Financial Group (SMBC Group). Built upon our rich Japanese heritage since 1876, we put our customers first and provide seamless access to, from and within the Asia Pacific region.   SMBC is one of the largest Japanese banks by assets and maintain strong credit ratings across our global integrated network.  We work closely as one SMBC Group to offer personal, corporate and investment banking services to meet the needs of our customers.

With sustainability embedded within our strategy and operations, we are committed to creating a society in which today’s generation can enjoy economic prosperity and well-being, and pass it on to future generations.

Responsibilities:

• Ensure all compliance-related reports are accurately completed and submitted on time in accordance with the requirements of the Head Office and local regulatory authorities.
• Perform transaction monitoring to identify, investigate, and manage suspicious transactions in compliance with AML/CFT regulations.
• Conduct compliance inspections as per the annual compliance plan to assess adherence to policies and regulatory standards.
• Provide consultation and follow up on risk mitigation actions related to suspicious activities, transactions, or any discrepancies detected.
• Review and update the Compliance Manual and AML/CFT Manual to align with global applicable rules and regulatory changes for the branch.
• Support ongoing in-office compliance meetings by preparing reports and sharing relevant compliance updates.
• Analyze and review transaction screening scenarios and parameters  while ensuring they are effectively configured to detect potential suspicious activities.
• Collaborate with internal stakeholders and regulators to ensure compliance with all AML/CFT requirements and address any compliance issues promptly.
• Assist in training and guiding team members to build their compliance knowledge and operational capability.

Qualifications:

• Bachelor’s degree or higher in Law, Finance, Banking, Business Administration, or a related field.
• Minimum of 3- 5  years' experience in banking compliance, audit, or a related AML/CFT role.
• Strong analytical skills and solid knowledge of AML risk management.
• Good understanding of AML regulations and guidelines, particularly those issued by the Thai AMLO.Proficiency in both written and spoken English.
• Excellent interpersonal and communication skills, with the ability to engage effectively with stakeholders at all levels.