job description
Join PERSOL as a Compliance Officer (Checker) specializing in Periodic Reviews for Private Banking in the vibrant financial hub of Bali, Indonesia. This contract role offers a competitive salary of up to $6,000/month and the opportunity to work in a dynamic, internationally focused environment.
In this critical position, you will ensure adherence to Anti-Money Laundering (AML) and Counter-Terrorism Financing (CFT) regulations by conducting thorough, ongoing reviews of high-net-worth clientsâ accounts and transaction activities. Your expertise will help mitigate risks, maintain regulatory compliance, and uphold the integrity of private banking operations.
Ideal for detail-oriented professionals with a background in compliance, risk management, or financial crime prevention, this role offers exposure to complex financial products and a chance to contribute to a global compliance framework. Whether you're based in Canggu, Ubud, Denpasar, or other key areas in Badung, youâll play a pivotal role in safeguarding the bankâs reputation and client trust.
Responsibility
- Conduct periodic AML/CFT reviews of private banking clientsâ accounts, transactions, and activities to ensure compliance with regulatory standards.
- Identify and assess high-risk clients and transactions, escalating suspicious activities as per internal policies and legal requirements.
- Prepare and maintain detailed documentation of compliance checks, findings, and remediation actions for audit and regulatory purposes.
- Collaborate with relationship managers, legal teams, and senior compliance officers to resolve complex compliance issues.
- Monitor and analyze transaction patterns to detect anomalies or potential red flags indicative of financial crimes.
- Stay updated on local and international regulatory changes (e.g., FATF, MAS, OJK) and implement necessary adjustments to internal processes.
- Provide training and guidance to junior staff on compliance procedures and best practices.
- Support the development and enhancement of compliance frameworks, tools, and reporting mechanisms.
Qualifications
- Bachelorâs degree in Finance, Law, Business, or a related field. Advanced degrees (e.g., MBA, LLM) or certifications (e.g., CAMS, ICA, FRM) are a plus.
- Minimum 3-5 years of experience in compliance, risk management, or AML/CFT within private banking or financial services.
- In-depth knowledge of AML/CFT regulations, including FATF recommendations, KYC/CDD procedures, and local financial laws.
- Proven ability to analyze complex financial data and identify compliance risks with high accuracy.
- Excellent written and verbal communication skills in English; proficiency in Indonesian or other languages is advantageous.
- Strong attention to detail and ability to work under tight deadlines in a fast-paced environment.
- Familiarity with compliance software tools (e.g., Actimize, LexisNexis, Fenergo) is preferred.
- Demonstrated problem-solving skills and ability to handle sensitive information with discretion.