ICBC México- Compliance Officer

Reports to: –Director of Legal & Compliance

Minimum requirements

·      Current certification in AML / CFT matters issued by the CNBV.

·      Professional degree in Law,administration, accounting, economics, or related.

·      Minimum work experience of 8 years.

·      Minimum experience of 5 years in Bank or financial entities in monitoring and control of operations and compliance in matters of Prevention of Money Laundering

·      Knowledge of national and international regulations in the System for the Prevention of Money Laundering and Combating the Financing of Terrorism in financial entities

·      Knowledge of general provisions applicable to credit institutions referred to in article 115 of the LIC.

·      Risk-based approach in accordance with the 40 recommendations of the FATF (International Financial Action Task Force) and the applicable national regulations.

·      English language profficiency. (able to communicate, oral, writen, read and undestanding at least at Intermediate-advanced level)

·      Management of Office packages at the user level.

Tasks and Duties to perform

·      Perform the functions and obligations established in the 47th of the General Provisions referred in article 115 of the Credit Institutions Law

·      To update the customer risk level matrix, KYC questionnaires and enhanced due diligence

·      Ensure adherence to the laws, provisions, circulars and other mandates of the regulators.

·      Support in the monitoring and alert system works properly.

·      Review and update the AML and CFT manual and policies.

·      Permeate the culture of AML and CFT compliance at all levels of the Bank.

·      Advise the Bank's Business and departments on AML/CFT matters.

·      Disseminate within the Bank the provisions on AML/CFT, including their respective amendments.

·      Confirm or dismiss alerts generated by the monitoring system.

·      Establish the parameters of the monitoring scenarios in the alert system.

·      Analyze and evaluate the available elements to confirm or rule out employee complaints related to AML/CFT.

·      Analyze suspicious transactions and report to the CCC for its ruling.

·      Verify the proper custody of customer files.

·      Promote and maintain solid and close communication with local regulators (CNBV, Banxico, IPAB, CONDUSEF, etc.) and international ones, as the case may be, (OFAC, FATF, etc.) as well as the areas of the ICBC group that require it. Promote and maintain solid and close communication with local regulators (CNBV, Banxico, IPAB, CONDUSEF, etc.) and international ones, as the case may be, (OFAC, FATF, etc.) as well as the areas of the ICBC group that require it.

·      Ensure the training needs of the Compliance Department in matters related to its functions, considering SPEI, SPID and BDT issues primarily, upon entering the Institution and annually thereafter. Additionally, attend the training program as an employee, as well as train employees in matters of SPEI, SPID and BDT when deemed necessary.

·      Ensure the review, correct and timely attention of the official letters notifications of the authorities through the SITIAA system of the CNBV.

·      Ensure proper participation of the Compliance Department in the process of identifying Related Parties.

·      Ensure the correct participation of the Compliance Department in the process of submitting the FATCA and CRS reports.

·      Ensure a review, analysis, planning and improvement of the process, as well as the operation of the BRAINS/GAML system for monitoring clients.

·      Ensure a review, analysis, planning and improvement of the process, as well as the operation of the STORMS/GWPS system for monitoring clients against blacklists, blocked persons, restricted persons, sanctions.

·      Ensure a review, analysis, planning and improvement of the evaluation process of the transactional profile of the clients.

·      Ensure a review, analysis, planning and improvement of the customer registration process and due diligence, as well as the quality control of both processes (KYC and EDD, QA).