Request For Expression Of Interest For Pacific Strengthening Correspondent Banking Relationships Project - P502591

Request for Expression of Interest For Aml/Cft Expert (5 Years) PIFS is seeking a qualified and experienced AML/CFT EXPERT to assess countries participating in the project, against the entry and exit criteria for accessing CBR services and to support PICs in the development of remedial implementation plans tailored to country-specific circumstances and risk exposure. The consultant will be based (pre-dominantly) at the PIFs Office in Suva, Fiji and remotely from home base. The selected AML/CFT specialist will lead technical implementation of the project activities related to AML/CFT issues, including but not limited to the following: i) Initial assessment and periodic monitoring of participating PICs against the entry and exit criteria for accessing CBR services, ii) Support the Bank in conducting a targeted review of a country’s compliance, iii) Support PICs with the development of remedial implementation plans tailored to country-specific circumstances and risk exposure and their implementation in close coordination with the Asia Pacific Group on Money Laundering (APG), iv) Coordination of the technical assistance required to implement the remedial plan with the APG Donor’s and Assistance Providers group (DAP), and for PICs that are not APG members with the respective TA providers, v) Facilitation and delivery of relevant capacity building activities with PICs. v) Develop a comprehensive risk assessment framework tailored to the unique challenges of each PIC, ensuring it aligns with international best practices, and vii) monitoring and evaluation