Project Manager, AML Compliance System

Project Manager, AML Compliance System

The AML System Project Manager will be responsible for managing the end-to-end implementation and onboarding of Anti-Money Laundering (AML) systems within the organization. The role involves coordinating with various stakeholders, ensuring compliance with regulatory requirements, and delivering the project on time and within budget. The ideal candidate will possess strong project management skills, sound knowledge of financial institution’s business systems and processes integration with AML systems.

Position Responsibilities:

1. Project Planning and Management:-

• Setup project governance structure

• Develop comprehensive project plans, including scope, objectives, deliverables, timelines, and resource allocation.

• Manage the project lifecycle from initiation to closure, ensuring all project milestones are met.

• Monitor project progress, identify risks and issues, and implement mitigation strategies.

• Ensure projects are delivered on time, within scope, and within budget.

• Attend project meetings, present, take minutes and follow-up on actions.

• Manage/ implement vendor governance - prepare/review SoW documents with vendor partners e.g. MITDC/ 3rd party

• Create project deliverable documents as applicable – as example detailed data mapping document, test cases, test plan, system delivery plan, handover etc.

2. Stakeholders Coordination:-

• Collaborate with internal and external stakeholders, including compliance, IT, operations, and vendors, to ensure successful project delivery.

• Facilitate regular project meetings and provide updates to senior management and project stakeholders.

• Manage stakeholder expectations and maintain effective communication throughout the project lifecycle.

3. System Implementation:-

• Oversee the configuration, customization, and integration of AML systems with existing infrastructure.

• Ensure the AML system meets all regulatory and compliance requirements.

• Coordinate system testing, validation, and user acceptance testing (UAT) to ensure system development, integration testing (SIT) UAT testing is completed and ready for production deployment.

4. Training and Support:-

• Develop training materials and conduct training sessions for end-users and stakeholders.

• Provide ongoing support and troubleshooting during and after the system onboarding process.

• Ensure proper documentation of the system implementation and onboarding process.

5. Compliance and Risk Management:-

• Ensure all project activities comply with applicable AML regulations and internal policies.

• Identify and address potential compliance risks associated with the AML system implementation.

• Collaborate with the compliance key leaders to ensure regulatory requirements are met.

6. Continuous Improvement:

• Identify opportunities for process improvements and enhancements to the AML system.

• Implement best practices and lessons learned from previous projects to enhance future project delivery.

Required Qualifications:

• Education: Bachelor’s degree in Business, Finance, Information Technology, or a related field. A Master’s degree or relevant certifications (e.g., PMP, CAMS) is a plus

• Experience: Minimum of 10+ years of experience in project management, with a focus on AML system implementation or compliance projects

• Knowledge: Strong understanding of business processes and systems in insurance, AML regulations, compliance requirements, and AML system functionalities

• Fluency in English with capability to speak other Asian languages (e.g Mandarin/Cantonese)

• Flexibility to work in a Global environment and frequent travel required

• Proactive individual who can implement assigned tasks with minimum supervision

• Ability to negotiate with different stakeholders in country, RO, Global teams on various topics related to project governance

• Hands-on in preparing/reviewing good quality project status and financial documents

• Detailed and hands-on in creating project documents (incl. financial aspects)

• Excellent presentation, communication and interpersonal skill

• Fast learner with growth mindset to keep innovating, and improved ways in managing project / financial governance

• Well versed with Manulife PMO processes (e.g. ODF/ DoA/ SPF, charge-outs)

When you join our team:

• We’ll empower you to learn and grow the career you want.

• We’ll recognize and support you in a flexible environment where well-being and inclusion are more than just words.

• As part of our global team, we’ll support you in shaping the future you want to see.

About Manulife and John Hancock

Manulife Financial Corporation is a leading international financial services provider, helping people make their decisions easier and lives better. To learn more about us, visit https://www.manulife.com/en/about/our-story.html.

Manulife is an Equal Opportunity Employer

At Manulife/John Hancock, we embrace our diversity. We strive to attract, develop and retain a workforce that is as diverse as the customers we serve and to foster an inclusive work environment that embraces the strength of cultures and individuals. We are committed to fair recruitment, retention, advancement and compensation, and we administer all of our practices and programs without discrimination on the basis of race, ancestry, place of origin, colour, ethnic origin, citizenship, religion or religious beliefs, creed, sex (including pregnancy and pregnancy-related conditions), sexual orientation, genetic characteristics, veteran status, gender identity, gender expression, age, marital status, family status, disability, or any other ground protected by applicable law.

It is our priority to remove barriers to provide equal access to employment. A Human Resources representative will work with applicants who request a reasonable accommodation during the application process. All information shared during the accommodation request process will be stored and used in a manner that is consistent with applicable laws and Manulife/John Hancock policies. To request a reasonable accommodation in the application process, contact [email protected].

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