About this role
Responsibilities
About the team Livestream Team is committed to creating real-time interactive scenes, As a new form of content, livestream creates value for all parties in the ecology. Livestream provides users with a unique consumption experience and further generalizes content. It is also a new way of employment to provide more direct fan interaction and deepen relationships to authors; It provides healthy and objective revenue to the platform and promotes content exclusivity. It also serves as a "new infrastructure" for the expansion of ecological boundaries.
1. AML Policy and Procedure Review: - Assist in reviewing the effectiveness and operational applicability of AML policies and procedures developed by the 2nd Line of Defense. - Provide feedback on the practical implications of these policies and their impact on business operations. 2. Collaboration and Strategy Development: - Work closely with the 2nd Line of Defense to design and establish transaction monitoring (TM) strategies and robust Know Your Customer (KYC) controls. - Contribute to the development of risk-based solutions to enhance compliance and operational workflows. 3. Preventive Control Design and Implementation: - Design and implement preventive controls within business operations to mitigate identified AML risks proactively. - Regularly review and update these controls to adapt to emerging risks and regulatory changes. 4. Escalations and RFI Assessment: - Review escalated AML cases and evaluate whether further information requests (RFIs) are required to address potential risks effectively. - Provide clear, actionable recommendations for handling escalations. 5. Operational Effectiveness and Balancing Expectations: - Act as a bridge between the 1st and 2nd Lines of Defense to balance expectations and maintain operational effectiveness without compromising compliance standards. - Ensure efficient resolution of compliance challenges while adhering to regulatory requirements. 6. Training and Awareness: - Facilitate AML training workshops to ensure 1st Line staff are knowledgeable about compliance requirements and equipped to meet regulatory expectations. - Promote a culture of compliance and awareness across the organization. 7. Relationship Management: - Maintain and strengthen relationships with the 2nd Line of Defense to ensure seamless communication and alignment on compliance objectives.
Qualifications
Minimum Qualification(s) - Bachelor's degree in Business, Finance, Law, or related field. - Experiences in AML compliance, operations, or related roles. - Strong understanding of AML regulations, KYC principles, and transaction monitoring. - Excellent communication and interpersonal skills to collaborate across functional teams. - Analytical mindset with the ability to assess risks and propose practical solutions. - Proficiency in regulatory compliance requirements and related operational expectations. - Strong organizational and time management skills.
Preferred Qualification(s) - Proactive problem-solving and decision-making. - Ability to manage competing priorities in a dynamic environment. - Collaborative and relationship-focused approach to achieving compliance objectives. - High ethical standards and commitment to regulatory compliance.