The posting
About Us:
ABeam Consulting is a global professional services company that specializes in delivering business transformation and technology solutions to clients across a wide range of industries. With a global presence and over 9000 employees worldwide we aim to be the transformation partner of choice for all of our clients.
Responsibilities:
- Understand and document existing AML model risk governance and data governance processes, systems, governance frameworks, controls, and periodic validation activities.
- Conduct gap analyses to identify risks, control weaknesses, and improvement opportunities against internal policies, regulatory requirements, and industry best practices.
- Assess the design, implementation, and operating effectiveness of business processes and controls across AML functions and supporting systems.
- Develop remediation plans for identified control gaps and process deficiencies, and partner with stakeholders to drive implementation and issue resolution.
- Perform analysis of transaction, alert, and other relevant data to evaluate control effectiveness, identify root causes, and recommend process enhancements.
- Engage and collaborate with business, Compliance, Model Risk Management, IT, and APAC stakeholders to gather requirements, conduct interviews, and achieve alignment on key initiatives.
- Prepare and present assessment findings, risk evaluations, recommendations, management reports, meeting materials, and other project deliverables.
- Document observations, issues, and actionable recommendations clearly and concisely for both management and project stakeholders.
- Proactively identify project activities, key risks, issues, dependencies, and next steps, exercising sound judgment to advance deliverables independently.
- Manage project plans, timelines, risks, issues, and deliverable quality to ensure successful and timely completion of assigned responsibilities.
- Monitor progress of remediation activities and provide ongoing follow-up to ensure effective and sustainable implementation of agreed actions.
- Support continuous improvement initiatives by recommending enhancements to AML governance, controls, processes, and data management practices.
Requirements:
- Bachelor’s degree in Business, Finance, Accounting, Risk Management, Information Systems, or a related discipline.
- Minimum 3 years of experience in the banking, financial services, or consulting industry, supporting banking or financial institution clients.
- Knowledge of AML/CFT frameworks, regulations, and operational processes, including KYC, Transaction Monitoring, Transaction Filtering, and Name Screening.
- Experience in evaluating and enhancing business processes, governance frameworks, risk management practices, and internal controls.
- Exposure to model risk governance, data governance, compliance, risk management, independent reviews, or control effectiveness assessments is advantageous.
- Strong analytical skills with the ability to understand and map complex business processes, governance structures, controls, and validation activities.
- Ability to perform gap assessments against internal policies, regulatory requirements, and industry standards, and identify risks and improvement opportunities.
- Experience assessing the design, implementation, and effectiveness of business processes and controls, and developing practical remediation recommendations.
- Ability to analyze issues, determine root causes, assess business impacts, and recommend sustainable solutions.
- Demonstrated ability to work independently, exercise sound judgment, and proactively drive assigned responsibilities to completion.
- Strong project management skills, with the ability to manage priorities, timelines, risks, issues, and deliverable quality in a fast-paced environment.
- Proven stakeholder management skills with the ability to collaborate effectively across business, Compliance, Model Risk Management, IT, and regional teams.
- Ability to conduct stakeholder interviews, gather and validate requirements, clarify issues, and facilitate alignment and consensus among diverse stakeholder groups.
- Excellent written and verbal communication skills in English, with the ability to present complex findings, assessments, and recommendations clearly to management and stakeholders.
- Ability to review and interpret system documentation, including design documents, specifications, data flows, and processing logic.
- Understanding of system functions, key data elements, data lineage, and their relationship to business processes and controls.
- Advanced proficiency in Microsoft PowerPoint, Excel, and Word.
- Strong documentation and presentation skills, with the ability to prepare clear, structured, and high-quality reports, presentations, and project deliverables.
- Experience preparing and maintaining data governance artifacts, including data dictionaries, data flow documentation, and Key Data Element (KDE) inventories.
- Familiarity with planning and conducting periodic data governance validation and review activities.
- Business-level proficiency in Japanese is mandatory to effectively engage, communicate, and collaborate with Japanese-speaking stakeholders and clients.
Why Join Us
At ABeam Consulting, we place a strong emphasis on collaboration, and helping our employees grow and develop their skills, offering a supportive and empowering work environment. With a presence in multiple countries and a diverse range of clients, ABeam Consulting offers an exciting and dynamic workplace for individuals looking to build a career in consulting. ABeam Consulting has also recently joined SAP’s regional strategic partner initiative as their first regional partner in the region and has also been recognized by UiPath as a Diamond Partner in providing RPA solutions. With such accolades, we aim to continue driving enterprise and digital transformation initiatives in order to transform the way people work and communicate in the digital age. In addition, our industry team is working tirelessly in order to bring more solutions to the banking and finance sector.
We regret only shortlisted candidates will be notified.
