AML MIS Associate AML MIS Associate …

Bank of Montreal Asia
in Shanghai, Shanghai Shi, China
Permanent, Full time
Be the first to apply
Bank of Montreal Asia
in Shanghai, Shanghai Shi, China
Permanent, Full time
Be the first to apply
The MIS Associate is responsible for providing meaningful analysis and support of the current state of AML and ATF related items and regulatory issues for ChinaCo. This also entails working closely with Global MIS AML team in North America. Primarily focuses will be on providing support on various internal and external AML related reporting. This will require extensive research into various systems structure as well as the complex customer structures, AML risk factors and controls that can result in appropriate management of these risks. The work will have extensive contact with CM Technology Team, KYC Teams, Sales, and RM teams.

Key Accountabilities

Key accountabilities of the role include:

A. MIS Management

  • Assist in prioritization and management of Data Warehouse system change requests
  • Data mining and analysis to provide information for reporting and business purposes
  • Support 1st line AML and LOBs with points of clarification on matters relevant to AML/ATF in a clear and timely fashion
  • Support the LOBs and operational groups by acting as a liaison person for matters with the various functions, e.g. AML Compliance, Operations, etc.
  • Liaise with internal/external stakeholders to provide exception management reporting and MIS
  • Troubleshooting discrepancies in existing databases and reporting, identify, monitor and facilitate updating client information in various systems
  • Support effective utilization of AML systems, tools and reports

B. Risk Management and Control

  • Support effective utilization of AML systems, tools and reports to detect and manage AML by participating in ongoing training to develop and maintain knowledge, skills and capability
  • Continually enhance control documentation including procedures and technical documentation
  • Stay current on AML regulation and KYC requirements and assess any impact to data and system
  • Stay current with PBOC requirements and responsible for AML related data quality. This includes working with stakeholder (e.g. IT, Ops, AML Compliance) to ensure the accurate understanding of the regulatory requirements and the quality of data in various systems

C. Change & Innovation

  • Troubleshoot and resolve system, data, and governance issues as appropriate, make recommendations to improve systems, governance, and client data management team processes
  • Investigate and resolve, or make recommendations on issues related to regulatory system items as it has an impact on the respective LOB’s

D. Client & Relationship Management

  • To provide assistance and act as a liaison for LOB’s when required with regulatory exams, audit reviews and inherent risk assessments
  • Communication of LOB Group products, strategies, initiatives and relevant jurisdictions of operation to the Office of the CAMLO where and when required

The nature of this role will shift over time as the business mix and structure of BMO ChinaCo changes and grows.


Knowledge and Skills

a) Knowledge:

  • University degree or college diploma, preferably in MIS or Data Analytics
  • Relevant AML experience in financial institution, including -
  • 1-3 years SQL and SAS experience;
  • 3-5 years of KYC experience
  • 5+ years AML related experience
  • Good understanding of Banking Systems
  • Good knowledge of applicable AML regulatory requirements and practices
  • Good product knowledge on Capital Markets and PBS applicable regulations
  • Proven project management capabilities and an ability to co-ordinate the efforts of people and resources from different lines of business or support areas
  • Fluency (written/oral) in English and Mandarin required

b) Skills

  • Adaptive to an fast changing environment
  • Analytical Thinking (Moderate-Advanced)
  • Problem solving (Working)
  • Organizational Understanding (Working)
  • Risk Management (Basic)
  • Document Drafting Skills (Moderate-Advanced)
  • Client facing relationship management (Moderate-Advanced)
  • Demonstrates initiative and takes ownership and accountability for project tasks/deliverables
  • Ability to manage multiple activities, requirements, and stakeholders simultaneously while working within strict project deadlines
  • Results focused, willingness to continue learning
  • Detail oriented and organized
  • Excellent communication skills, both written and verbal

Cross Functional Relationship

Maintain effective relationships with LOB contacts, AMLROs, the AML and local Compliance Office(s), LOB AML Office(s) and functional groups

Supplemental information

  • The role may require traveling to BMO’s offices within China. Approx. 10% to 20% of time.