Business Control Officer

• Manage the compliance and operational risk associated with the daily execution of trade finance business in conjunction with GTFD management, BCO of coverage, and Corporate Compliance-Advisory group in Compliance Department (CPAD).
• Control/minimize various compliance risks arising out of daily execution of trade finance business including but not limited to Sanction/AML Risk, Third Party Risk (e.g. System Vender Risk), Operational Risks, Code of Conduct Risks and Fraudulent Risk
• Ensure the compliance with the policies & procedures of the bank as well as GTFD in terms of the above mentioned various risks.

Manage Sanction & AML risk matters related to the daily execution of trade finance deals booked in NY Branch and escalate any issues to to GTFD management and BCO of coverage, and Corporate Compliance-Advisory group in Compliance Department (CPAD)in a timely manner.

*Manage the Third Party Risk (e.g. System Venders) in collaboration with product teams.

Oversee the code of conduct risks as well as understand and manage requirements around cross border transactions in new jurisdictionsand provide necessary guidance to the relevant teams in GTFD with Corporate Compliance-Advisory group in Compliance Department (CPAD)

* Work with BCDAD Fraud operations to understand overseas activities in order for fraud operations to develop fraud scenarios for this line of work Oversee the potential fraudulent risk which may arise out of daily operation and propose adequate countermeasures.

* Work with relevant teams in GTFD (e.g. Planning, Transaction Management etc. ) as well as key stakeholders in the bank (e.g. CPAD). Work with transaction management to ensure new process requirements relating to business expansion are understood and supportabledevise and implement a "Compliance Risk Framework".

Help marketing officers promote and develop Trade Finance Business by providing necessary advices (e.g. structure, risk mitigation method, identification of financial crime risk etc..) to manage various compliance risks arising out of the existing business as well as the new business which the dept is looking to implement.

Support products approval process from compliance perspective, as necessary.

To perform the role as Local Compliance Coordinator ("LCC") in GTFD NY.

Deepen the "Compliance Culture" within GTFD in collaboration with other regions in GTFD as well as relevant depts in American Division

Keep GTFD staff updated on the market trends and business environment related to compliance/AML.Conduct study session for the dept on a regular basis to ensure that GTFD members understand relevant internal rules correctly.

• Excellent communication and liaison skills, including proven effectiveness in workingacross teams.
• Substantial experience of prioritizing workloads in order to meet strict deadlines.
• Thinks flexibly and creatively to solve problems and is open to new approaches within their role.
• Proactively suggests changes to improve current processes and operating procedures.

Self-motivated and trusted by other group members as someone who plays a key role in contributing to the delivery of the group's objectives.

• Able to make decisions and not be swayed by pressure from business units/officers.

• Expert knowledge of the range of compliance areas relevant to Trade Finance, including LATAM markets and developed markets and preferably across sectors that include commodity finance.
• Deep knowledge of Compliance matters relating to the financial services sector.
• Substantial experience in and high-level knowledge of trade finance, operations, compliance, regulations, products and
• Internal management.
• Reviews work carefully and thoroughly to ensure quality and meet deadlines.
• Understand the need to report routinely and immediately escalate issues to management promptly.
• Familiarity with the bank's systems & IT (e.g. Accord, EIC, GBR LIQ).

• Recommended years of experience: 7
• Likely to be educated to at least degree level (or equivalent) and likely to have some form of additional Compliance qualification.

D&I Commitment

Responsible for fostering a culture of diversity and inclusion, holding leaders accountable for creating an inclusive environment through awareness and practice of equity in recruiting, developing, and promoting diverse talent.