Work Location , Expected Annual Income :
Tokyo,14.0M ～ 22.0M
About the Company :
Global Corporate Bank
Responsibilities :
As Head of Compliance, assume responsibility for the entire compliance program, including establishing the compliance framework and obtaining the necessary banking license(s) to launch the business in Japan
- Liaise with auditors and regulators on AML, CFT, and Sanctions Compliance matters, coordinating audits and inspections.
- Provide regulatory advice on products, business operations, and compliance risks related to financial crimes and local regulations.
- Ensure compliance with local regulatory requirements and alignment with global headquarters’ standards.
- Develop, implement, and review AML/CFT and compliance controls, incorporating industry best practices.
- Draft and execute annual compliance and AML/CFT plans and conduct biannual self-assessments.
- Deliver regular compliance and AML training programs to educate staff on regulatory updates and policies.
- Collaborate with business units and risk teams to address compliance issues and promote a compliance culture.
- Serve as the main contact for stakeholders on all compliance and AML-related matters.
- Review suspicious cases and compliance documents before regulatory submission and escalate significant issues as needed.
- Manage all AML/CFT/Sanctions Compliance activities, including onboarding, transaction monitoring, investigations, reporting, and product risk assessments.
Benefits :
- Located in central Tokyo
- Good work-life balance
- Established bank in the region but new to Japan with excellent growth potential
Required Experience / Abilities / Skills :
- At least 10 years of experience in banking compliance, with strong knowledge of local banking laws and AML/CFT regulations.
- Well-versed in financial regulatory rules and able to create practical, risk-based compliance solutions.
- Leadership skills and ability to work well with teams are important.
- Experienced in advising senior management on compliance matters and building trust with stakeholders.
- Strong background in AML/CFT and Sanctions compliance, including legal requirements and AML systems.
- Understands business needs and can align compliance processes accordingly.
- Native-level Japanese and good business-level English skills.
- AML certifications like ACAMS are a plus.