Client name screening and transaction monitoring are fundamental components of Manulife's Anti-money Laundering, Anti-Terrorist Financing and sanctions compliance program (AML / ATF).
Ineffective name scanning or transaction monitoring can expose the Company to strict criminal liability. In addition, reputational and regulatory liability can arise for failure to identify Politically Exposed Persons or other high-risk customers, or to detect suspicious transactions.
This Compliance Specialist role will be located within the Integrated Compliance Services (ICS) team at MBPS, reporting to the Assistant Manager handling the Sanctions Program.
The individual is responsible for monitoring, implementing and testing the sanction controls for all Asia Segment and Asia MIM BUs (Asia), and also provides some limited support for the AML Manager Transaction Monitoring System.