Compliance Officer - Compliance & Integrity Risk Based in Beijing

Job Description

The Asian Infrastructure Investment Bank (AIIB) is a multilateral development bank whose mission is financing the Infrastructure for Tomorrow-infrastructure with sustainability at its core. We began operations in Beijing in January 2016 and have sincegrown to 105 approved members worldwide. We are capitalized up to USD100 billion and Triple-A-rated by the major international credit rating agencies. Working with partners, AIIB meets clients needs by unlocking new capital and investing in infrastructurethat is green, technology-enabled and promotes regional connectivity. The main responsibilities of the Compliance Officer are (1) to manage issues related to tax abuse (2) to guide the Banks processes about Know Your Customer (KYC), Anti-Money Laundering(AML) and Countering Financing of Terrorism (CFT), and (3) to conduct integrity due diligence on the Banks counterparties and clients. Reporting to the Head of Compliance & Integrity Risk, you will be part of a team of motivated compliance professionals applyingglobal best practices. Responsibilities: Provide advice and expertise on assessing and evaluating tax abuse, money laundering risk, and other financial crime risks, including reputational risks relating to compliance and integrity issues pertaining to AIIBsinvestments. Contribute to the development of AIIBs policies and practices regarding different tax abuse regimes, AML/CFT prevention, and its own due diligence pertaining to counterparties and clients review. Support the implementation of rules and processesto ensure that the highest standards of KYC are applied to various AIIB activities. Review compliance of AIIBs investments with relevant regulations and integrity matters. Work with relevant AIIB departments to ensure that staff are well-versed regardingclient and counterparties due diligence processes and provide relevant training programs to increase employee awareness and knowledge. Liaise with multilateral and bilateral partners and AIIB members to improve the relevant compliance functions of AIIB. Keepabreast of the latest regulatory developments and advise internal stakeholders on their implications and specific business impacts on AIIB. Develop practical mechanisms to ensure that AIIBs operations comply with tax abuse, AML, and CFT requirements. Adviseand assist operational staff with conducting KYC due diligence on relevant AIIB counterparties in respect to proposed and ongoing activities. Requirements Minimum 10 years of relevant experience in the compliance field related to Tax Abuse and AML/CFT preferablywith a multilateral or bilateral development institution or financial institution (IFI) experience in two or more regions, including Asia. Working knowledge of development financing compliance rules and regulations with specific working knowledge of UN Embargo,EU Embargo, OFAC, BIS, and other regional regulations around compliance. Significant experience with tax abuse, AML, CFT, KYC, and policy compliance best practices, especially in an IFI environment. Demonstrated track record in compliance on a global scale.Ability to interpret complex regulatory requirements and create appropriate policies, procedures, and training materials. Ability to interpret regulatory requirements that are of relevance to AIIB investments. Ability to collaborate seamlessly across boundaries.Proven leadership skills with a passion for mentoring. Strong English writing and verbal communication skills with experience in writing high-level reports for senior management. Exceptional attention to detail. Ability to work effectively in a multiculturalorganization. Strong organizational skills and proven track record of results. Masters degree or equivalent in law, public policy, business, accounting, or finance from a reputable university, with financial institution compliance certification credentials(required). Candidates are encouraged to submit written work on a relevant topic alongside the application. AIIB is committed to diversity, transparency, and inclusion. We believe our strength comes from having a team with the right diverse skills, experiences,and abilities selected through a merit-based competitive process. We actively encourage applications from people from both within and outside AIIB members, regardless of nationality, religion, gender, race, disability, or sexual orientation. Previous experienceand qualifications will determine the grade and job title at which successful applicants will enter AIIB. Join us and help create a prosperous and sustainable Asia while growing your career in a diverse and innovative environment. ALL CURRENT VACANCIES * ClosingDate: All opportunities close at 11:59 p.m. (GMT+8) on the dates listed. ** Job Type: Recruitment of staff is conducted through a merit-based competitive selection process. AIIB shall strive to provide employment opportunities open to all suitably qualifiedapplicants, regardless of religion, gender, race, disability, sexual orientation or nationality.