AML/Compliance Lawyer

AML/Compliance Lawyer at BIBD

BIBD is seeking an AML/Compliance Lawyer for its Risk and Compliance Division in Bandar Seri Begawan. The role involves managing anti-money laundering (AML), counter-terrorism financing (CTF), and sanctions compliance programmes in line with BDCB regulations and FATF standards.

Key Responsibilities

• Oversee BIBD's AML/CTF compliance framework under the Criminal Asset Recovery Order 2012 and the Anti-Terrorism Order 2011
• File suspicious transaction reports (STRs) with the Brunei Darussalam Financial Intelligence Unit (BDFIU)
• Conduct enhanced due diligence (EDD) on high-risk customers and politically exposed persons (PEPs)
• Develop and deliver AML/CTF training programmes for bank staff
• Monitor compliance with BDCB prudential guidelines on AML and sanctions screening
• Advise on sanctions compliance and screening processes

• Manage the bank's AML/CTF compliance programme
• File regulatory reports and conduct enhanced due diligence
• Develop compliance training materials and conduct staff training

• Law degree or degree in finance, compliance, or risk management
• 3-6 years of experience in AML/CTF compliance, financial crime, or banking regulation
• Knowledge of the Criminal Asset Recovery Order 2012 and BDCB AML guidelines
• CAMS or ICA certification is an advantage
• Strong analytical and investigative skills
• Fluent in English and Malay