KORK NAREN

AML/CFT/PF:

• Applied BOD(s)-endorsed AML/CFT/PF strategies effectively
• Serve as liaison between Bank and Regulators
• Assessed comprehensive AML/CFT/PF risks in banking operations
• Recognized discrepancies needing correction in relation to AML/CFT/PF
• Continuously monitored regulatory changes in AML/CFT/PF
• Validate and Test the implementation of the AML/CFT/PF Policies and Procedure with proposed action plan
• Enhanced awareness of new AML/CFT/PF policies and procedures
• Cultivated adherence to regulatory standards across all banking functions
• Access the effectiveness of AML system for transaction monitoring, red flags/alerts parameters, ongoing due diligence, and other regulatory requirement reporting
• Ensured timely resolution of regulatory, internal, and external audit findings
• Evaluated risk associated with new products/services new activities and counterparty risks

Regulatory Oversight:

• Maintained compliance with regulations at various levels
• Implemented continuous compliance monitoring processes
• Work closely with other departments to ensure cohesive compliance efforts.
• Adhere to deadlines for regulators' inquiries
• Assessed regulatory compliance in branches and departments
• Establish compliance checklist and ensure each applicable regulations is in compliance
• Ensure all the new guidelines/regulations changed or updated are communicated across the Bank and to relevant stakeholders
• Access the Gap analysis to identify any laps from the existing/new regulations
• Encourage consistent submission of incident reports for analysis
• Report to the BOD(s)/Risk Committee on the non compliance matter and propose remediation actions

AML/CFT/PF

• To establish the AML/CFT & PF Program approved by the Board of Directors
• To ensure the effectiveness and efficiency of AML/CFT Program implementation
• To rectify and implement recommendations raised from regulators, external audit, and internal audit
• To validate and test on the control of AML/CFT and PF and if necessary
• To handle and implement the AML system with vendors, with users, and enhance if necessary
• To establish the alert parameters, enhance the parameters, system to ensure the function of transaction monitoring and detection
• To reassess the AML/CFT Program and identify any gaps for improvement
• To evaluate the effectiveness of AML functions in the system
• To act as a point of reference for the regulatory authority/enforcement agencies, BU(s), for all AML/CFT matters
• To lead the team in performing branches/unit review based on approved work plan
• To conduct the institutional assessment on ML/TF & PF to identify any gaps and take actions accordingly
• To ensure the regulatory reporting has been properly reported on a timeline
• To ensure the effectiveness of STR process and escalation
• To report to senior management any gaps, incidents, breaches of regulatory requirement
• To review and assess on the new and existing products/service in identify risks exposed to Money Laundering and Terrorist Financing
• To work with other counterparts, correspondent stakeholders on Due Diligence Process.

Compliance Regulatory:

• To ensure all the new guidelines/regulations changed or updated are communicated to all Business Units and ensure they have performed the gap analysis to identify any enhancement actions if any.
• To establish the compliance framework and ensure that the controls have been put in place for compliance with regulators.
• To prepare all required reports such as FATCA, Risk Assessment Report, Daily Reports, etc. to regulators/authorities on timely basis.
• To perform Self Testing, Control Self-Raised issue and track all the required actions on timeline.
• To Validate the compliance implementation on the selected branches base on workplan.
• To validate on the units, review from all the business units related to regulatory compliance.
• To monitor the prudential ratio and risk matrix from the regulators and propose for rectification if there are any breaches.
• To ensure that all the requests from the regulators and other relevant authorities are submitted on time and properly.
• Member of Whistle Blowing Committee to receive whistle blowing cases and effectively resolve followed the internal regulations.
• Ensure the establishment and implementation of ABC Program

AML/CFT/TFS:

• To implement the AML/CFT Program approved by the Board of Directors and ensure its efficiency and effectiveness
• To review and evaluate AML/CFT P & P to address the current changes to regulators as well as ML/FT Trends
• To ensure awareness of all employees on the AML/CFT Risk, Mechanisms, as well as channel of the reporting
• To ensure the roles of appointed compliance officer at branches are properly carried out
• To re-assess on the exceptional alert report to ensure effectiveness of the alert triggered
• To establish the alert parameters for transaction monitoring, enhance the system, Annual Review, and implement the AML system
• To ensure the effectiveness of the AML system on screening algorism, customer risk profiling, trade product, payment module
• To act as a point of reference for the regulatory authority/enforcement agencies, BU(s), for all AML/CFT matters
• To lead the team in performing branches/unit review based on approved work plan
• To initiate/enhance system as required to ensure the smooth process
• Review product papers of new products prior to implementation and provide feedback on any potential compliance impact
• Report any breach or non-compliance issues and AML/CFT related matter to Board Committee
• Report of suspicious report to the relevant regulator
• To conduct the institutional assessment on ML/TF & FS to identify any gaps and take actions accordingly.

Regulatory Compliance:

• To ensure all the new guidelines/regulations changed or updated are communicated to all Business Units and ensure they have performed the gap analysis to identify any enhancement actions if any.
• To ensure the self-testing on regulatory from each BU has been performed properly and effectively.
• To prepare all required reports such as FATCA, Risk Assessment Report, Daily Reports, etc. to regulators/authorities on timely basis.
• To perform Self Testing, Control Self-Raised issue and track all the required actions on timeline.
• To conduct thematic review on the gap analysis as well as compliance self-testing managements from each Business Units.
• To validate on the units, review from all the business units related to regulatory compliance.
• To ensure that all the requests from the regulators and other relevant authorities are submitted on time and properly.

• To establish compliance infrastructure in identifying and directing necessary action to implement the requirements of existing and new laws and regulations applicable to the banking business; Respond to all inquiries within 24 hours
• To provide responsive, sound, coherent and consistent advices, interpretation, and recommendations on compliance issues related to operation activities, products and other business initiatives of the bank
• To ensure the bank’s compliance with AML/CFT requirements, to administer the bank’s AML/CFT policies and ensure that adequate AML/CFT procedures
• To Overseeing the overall risk management framework across market, credit, and operational risk types
• To monitor the effectiveness of risk management infrastructure, including framework, policies, people, process, and systems on market risk
• To identify Suspicious Transaction Report (STR) to NBC
• To participate with Operation, IT, Credit in deployment of new products and services of the bank
• To provide training for all internal staffs to strengthen the practice of internal procedures and regulations especially related to AML/CFT
• To solve and rectify all issue happened in the bank.

• To update internal policies and procedures to fully comply with local regulatory requirements
• To conduct compliance independent checking/testing on regular basis to assess the bank’s level of compliance
• To report STR /CTR to regulators
• To initiate FATCA report to the authority
• To strengthen the internal control system of the bank to address with identified risks
• To review the adequacy of the various departments and branches’ operational procedures and the bank’s policies and control systems for compliance with management directives and changes in laws and regulations
• To present compliance report, regulatory updates, breaches, and AML/CFT issues
• To deal with correspondent bank on AML/CFT matters
• To raise awareness to all branch’s staffs on ML/FT.

• Control Loan Disbursement
• Prepare Monthly Financial Statement
• Booking depreciation, loan repays, account movements, clear short term of local transfers
• Other tasks as assigned.