AML Controls Officer

Job Description

Your Team

The position is part of the Anti-Money Laundering (AML) team, which operates within the larger Investment & Distribution Services function. The role oversees all AML/KYC, PEP and sanction screening related policies, systems, processes and operations across all business lines and APAC locations while maintaining a close partnership with location MLROs and Compliance functions.

The role is responsible for supporting Invesco’s APAC AML strategy and day-to-day operations ensuring strict adherence with the relevant AML regulation. The individual will have broad responsibility for continuous improvement of processes and world class execution (within the location and coordinating the same across regional counter parts) that drives a robust experience (for our external clients and internal business partners).  This individual will work closely with Invesco’s client relations, client onboarding and corporate functions (e.g., compliance and legal).

Your Role

• Designing, managing and overseeing efficient and effective systems and controls related to AML (which includes through this document PEP and sanction screening), ensuring compliance with Anti-Money Laundering and related regulations always.
• Managing end to end Client lifecycle/KYC operations with proven knowledge on the CDD concepts and the regulations/requirements of CDD/EDD. Perform AML remediation exercises where necessary
• Oversee and support the identification, mitigation and management AML related risks; reporting and escalation of such risks as needed; mitigating AML improvements identified by internal and external auditors as well as compliance monitoring.
• Overseeing third parties handling outsourced AML activities for Invesco in APAC; implementing, managing and overseeing controls to ensure adequate AML quality and adherence to Key Performance Indicators.
• Perform oversight of appointed distributors and intermediaries
• Support and oversee completion of Business as usual (BAU) activities including ongoing transaction monitoring, management of Enhanced Due Diligence, High risk and PEP clients.
• Closely working with Compliance / MLROs across APAC on BAU and new AML requirements and assessing and communicating implications on and application to Invesco to staff and management.
• Ensuring delivery of appropriate AML related MI and reports to internal stakeholders and external authorities as appropriate.
• Support any internal audits, Compliance Monitoring and other reviews as required. Assist with complex anti-money laundering matters and complex client cases.
• Ensure all activities are in line with Invesco’s Conduct principles.

The Experience Your Bring

• Relevant experience of AML related responsibilities for at least 2 to 5 years within the Financial Services industry, preferably in asset management.
• Basic knowledge of financial industry fundamentals and asset classes, mutual fund framework, investment life cycle and market participants
• Organizational skills and ability to working in teams.
• Excellent verbal and written communication skills
• Team player, passion for collaboration
• Strong organizational skills and detail orientation
• Open minded, flexible, and willing to listen for other people’s opinions

Academic Requirements

• Education to the degree level, or equivalent qualifications, Master’s degree a plus