JOB - Head of Financial Monitoring Service, Ameriabank CJSC

JOB DESCRIPTION:

exercise control to ensure normal operation of the Service

DUTIES AND RESPONSIBILITIES

• Administer work of subordinates, i.e. follow up on effective organization of work, performance of each employee and completion of the assigned tasks in a timely and proper manner
• Give tasks to the subordinates explaining the required deliverables and ways to achieve them
• Distribute functional responsibilities among the subordinates
• Draft employee job descriptions and summaries of their rights and responsibilities and submit them to the Bank's General Director for approval
• Sign under the opinions, reports, letters, memos and other documents created on behalf of the Service
• Designate persons responsible for the task execution, organize consultations within the team
• Give professional opinion on appropriate AML/CTF measures
• Get ready for and attend Management Board meetings, present the issues to be discussed
• Take part in the relevant meetings of the Bank committees
• Submit the Service structure and staff list to the Management Board for review
• Make proposals/recommendations on the incentives and disciplinary actions in regard to his/her subordinates
• Take measures to ensure that employees comply with the work discipline and show proper performance; take care of their professional development; make proposals/recommendations on their promotion
• Report to the senior management on the current projects of the Service, their status, deviations from the schedule and other issues
• Participate in the development of Bank plans and programs related to the Service, aimed at the implementation of the Bank's strategy
• Interact with other structural and territorial units to ensure efficiency of AML/CTF measures
• Take measures to arrange employee professional trainings and development; communicate corporate culture and the Bank values to junior employees
• Follow up on proper execution of tasks and functions envisaged by Ameriabank CJSC Financial Monitoring Service (AML/CTF) Regulation, collecting and updating of information on account holders and other clients and their banking operations
• Take actions to ensure compliance with AML/CTF requirements during operations of other business units
• Present the client risk category criteria to the AML/CTF Committee (hereinafter the "Committee") for review and the Bank Management Board or Board of Directors for approval
• Provide opinion to the Committee on the appropriateness of account opening for new high-risk clients
• Submit to the Committee the list of client accounts to be closed or frozen
• Provide status reports, explanations, reports to the Committee
• Participate in the development and implementation of AML/CTF-related training courses