Istanbul, Istanbul, Türkiye
AVP, FEC & Compliance
• Comprehension of Financial Economic Crimes, US (OFAC), EU, UN regulations, sanctions/embargoes and FATF recommendations and local law and regulations (MASAK) • Establishing institutional policies and keeping them up-to-date through amendments in accordance with local laws, international sanctions and ING Global policies and preparing procedures for FEC Department and checking other departments’ procedures in terms of FEC • Performing second level monitoring activities on 1st line controls from FEC perspective • Advising on foreign trade transactions, account openings, KYC documentations to the branches and Head Office departments based on UN, OFAC and EU requirements, in accordance with relevant documentation • Checking counter-parties, correspondent banks, commodities, shipment locations in letter of credits/ guarantees etc. (in terms of restrictions and embargoes) • Filling correspondent bank Questionnaires and responding queries (both customer & transaction base) • Reporting to the Committees on monthly and quarterly basis • Performing sanction risk assessment for all new transactions conducted by Lending Services • Follow-up (potential) violations after the screening and/or monitoring • Advising on new projects, new products and agreements in terms of FEC • Leading global ML investigations at local in line with Global • Giving MLRO advice to Global regarding Office Due Diligence requirements for Financial Institutions CDDs • Notifying suspicious transactions to related departments (such as detecting trade based money laundering) • Managing a group of 3 junior analysts on daily assignments and providing them on the job training • Carrying out compliance risk management daily tasks and responsibilities via day to day interaction with branch network, business lines, internal control and audit functions and subsidiaries and foreign branches, as well as Head Office • Perform training to branch and Head Office employees on FEC AML/ CTF topics
• Advising on foreign trade transactions, account openings, KYC documentations to the branches and Head Office departments based on UN, OFAC and EU requirements, in accordance with relevant documentation • Advising on Anti-Bribery and Corruption, Sponsorship and Donation topics to branches and Head Office employees • Checking counter-parties, correspondent banks, commodities, shipment locations in letter of credits/ guarantees etc. (in terms of restrictions and embargoes) • Filling correspondent bank Questionnaires and responding queries (both customer & transaction base) • Comprehension of Financial Economic Crimes, US (OFAC), EU, UN regulations, sanctions/embargoes and FATF recommendations and local law and regulations (MASAK) • Analyzing alerts and investigation of transactional activities to detect any suspicion and examining and reporting of Siron AML or any other resources related suspicious transactions to MASAK
• Advising on customer payments, LCs, LGs, payment against documents, customs declaration forms, account openings, KYC documentations to branches and Head Office Departments • Checking counter-parties, correspondent banks, commodities, shipment locations in letter of credits/ guarantees etc. (in terms of restrictions and embargoes) • Monitoring money transfers and usage of imported/exported goods, based on UN, OFAC and EU requirements, in accordance with relevant documentation • Filling correspondent bank Questionnaires and responding queries (both customer & transaction base) • Following local law and regulations (MASAK), international sanctions (OFAC, EU, UN), measurements, etc. related to AML/CTF • Comprehension of Financial Economic Crime, OFAC, EU, UN regulations and FATF recommendations • Reporting to the Committees on monthly and quarterly basis • Preparing procedures for AML Department and checking all procedures in terms of AML/CTF • Advising on new projects and agreements in terms of AML/CTF • Analyzing alerts and investigation of transactional activities to detect any suspicion • Examining and reporting of AML TOOL or any other resources related suspicious transactions to MASAK