Requirements: English
Company: Bank of India
Region: Antwerp , Flanders
Bank of India , an International Credit Institution,established in 1906, is one of the largest Public Sector Banks inIndia. The Bank has over 5100 branches in India spread over allstates/ union territories including specialized branches. PresentlyBank has overseas presence in 15 foreign countries spread over 5continents with 47 branches/offices including 4 Subsidiaries, 1Representative Office and 1 Joint Venture. Bank Of India, Antwerp,is specialized in the Diamond Sector is established in Belgium in2007 and situated near to Antwerp Central Station. Bank of India,Antwerp provides conducive, healthy and multicultural workingenvironment to its employees. Bank of India, Antwerp is looking fora Head of the Compliance function/AMLCO. Job descriptionOperational and Strategic Responsibilities Design and Oversight ofAML Framework: Ensure the institution''s AML/CFTP policies,procedures, and internal controls are robust, proportionate, and inline with both business activities and the ML/FT risk profile.Coherence and Integration: To ensure consistency between AML/CFTPmeasures and operational processes across all business lines andalignment with groupwide AML/CFTP strategies. Governance andOversight nternal Reporting: Provide regular, comprehensive, andtimely AML/CFTP risk and compliance reports to: The managementcommittee or senior management & GCCO. Regulators Communicationwith Authorities: Ensure transparent arrangements with: TheAML/CFTP supervisory authority, The Belgian FIU (CTIF-CFI),maintaining the confidentiality of suspicious transaction reports.Escalation of Issues: Promptly inform senior management and aboutany serious AML/CFTP breaches or risks and recommend remediationactions. Handling of AMLCO concerns and has the responsibility forthe compliance function. Also promote a strong compliance cultureat the senior management and board levels. Act as liaison withsupervisory authorities (e.g., NBB, FSMA, CTIF-CFI) on AML matters.Ensure compliance with regulatory findings and incorporatesupervisor feedback into AML/CFTP strategies. ? Oversee legalcompliance with the Anti-Money Laundering Law Profile RequiredQualifications and Experience Education: University degree in law,finance, economics, risk management, or related field. ProfessionalExperience: Minimum 5-10 years in financial services, preferablywith experience in compliance, risk, audit, or AML functions.Proven experience in a senior leadership or board-facing role. AMLExpertise: In-depth understanding of AML/CFTP regulations (EUDirective, Belgian AML Law, FATF standards). Demonstrated abilityto assess and influence AML strategy and risk governance. Goodknowledge of Dutch /French/English. Preferably to have experiencein a financials environment Willing to work as Head of theCompliance Function independently. Competency and Fit & ProperRequirements Integrity and Ethics: High personal integrity andprofessional conduct. Analytical Thinking: Strong ability to assesscomplex compliance frameworks and risk landscapes. Leadership: Ableto influence senior stakeholders and promote a compliance-firstmindset. Communication: Capable of articulating complex AML/CFTPrisks and decisions to the board and external regulators.Regulatory Fit & Proper: Must undergo a fit & properassessment by NBB & FSMA V. Reporting Line Directly reports tothe Global Chief Compliance officer at Head office Mumbai andManagement Committee. Functions independently from business unitsbut collaborates closely with compliance function Offer We offer: -An attractive Annual gross salary package of around Euro 120,000depending on experience. - A challenging position with diversetasks within, a key sector of the financial world. - Trainingopportunity to grow - Opportunity to obtain certification inCompliance. - A professional and conducive workingenvironment.