Ochgerel Lkhagva
Allston,MA
Summary
Experienced director skilled in overseeing daily operations with a methodical approach. Proficient in executing strategies, implementing plans, and ensuring strong performance. Demonstrated expertise in supervising financial institutions in AML/CFT and staying updated on changes and trends.
Overview
14
14
years of professional experience
Work History
Director of AML supervision division
Supervision Department, Bank of Mongolia
Ulaanbaatar, Mongolia
05.2022 - Current
- Administer policy, cooperation and supervision function specified in the law, conduct supervision and ensure compliance to the law and regulation by financial institutions, assess anti-money laundering framework against international standard and take measures based on the assessment result and best practices to improve legal framework, ensure daily operation of division.
Project officer
Project Implementation Unit, Global fund supported project on HIV/AIDS and Tuberculosis
06.2011 - 05.2012
- Assisting, participating, and undertaking activities including drafting the budget, preparing the work plan, ensuring the implementation of planned activities in the work plan, assisting the regular coordination of the project, supporting and conducting training to beneficiary organizations, and conducting monitoring and evaluation of the outcomes for project performance with the help of international experts from the global fund.
Project officer
Khet LLC
07.2010 - 05.2011
- Coordinating and supervising maintenance of project implementation, ensuring logistic arrangements, translating contracts and other interpretation, and external communication of the company
- Additionally, successfully developed the project proposal of the first-ever oil refinery factory project in Mongolia.
Head of Policy, Compliance and Cooperation, State inspector
Financial Information Unit, Bank of Mongolia
Ulaanbaatar, Mongolia
02.2020
- Administer policy, cooperation and supervision function specified in the law, conduct supervision and ensure compliance to the law and regulation by financial institutions and designated professions, assess anti-money laundering framework against international standard and take measures based on the assessment result and best practices to improve legal framework, ensure daily operation of division and provide support to operational function and head of FIU.
(1) Supervisor, (2) Analyst, (3) Senior Supervisor
Financial Information Unit, Bank of Mongolia
Ulaanbaatar, Mongolia
- As the supervisor at FIU of Bank of Mongolia: Supervising financial institutions (FIs) and designated professions to ensure compliance to the law and regulations, development of legal framework for anti-money laundering to comply with international standards, and providing adequate training and guidance to FIs and designated professions
- As the analyst at FIU of Bank of Mongolia: Conducting strategic analysis of Mongolia and maintaining statistics and information for strategic analysis of anti-money laundering regime and conducting outreaches and awareness raising projects to the competent authorities and supervising entities
- As the senior supervisor at FIU of Bank of Mongolia: Responsible for development of supervision framework for FIs and designated professions, implementation of supervisions, taking remedial actions for non-compliance including sanctions, supporting cooperation with the foreign counterparts
- In addition to these, responsible for developing assessment reports of Mongolia and working with the international assessment teams regarding anti-money laundering issues.
Education
Graduate school of Management, International University of Japan
School of International relations and public affairs, National University of Mongolia
Mongolian Turkish High school, Ulaanbaatar
Skills
- Staff Development
- Project Coordination
- Project Management
- Staff Management
- Strategic Planning
- Innovation management
- Rules and regulations
- Creativity and Innovation
- Government relations
Researchexperiencepublications
- Strategic analysis report 2019. FIU, Bank of Mongolia
- National risk assessment of Mongolia 2016
- National risk assessment of Mongolia 2021, Module 2 Vulnerability of National Authorities
- Impact of Grey listing on Economy 2020. Research Journal 15 of Central bank of Mongolia
- Guidelines and guidance by FIU of Bank of Mongolia
Awardshonourscommendations
- Certificate of Merit, Financial Regulatory Committee, 2020
- Employee of the Year, FIU, Bank of Mongolia in 2019
- Certificate of Merit, Bank of Mongolia, 2018
Timeline
Director of AML supervision division
Supervision Department, Bank of Mongolia
05.2022 - Current
Head of Policy, Compliance and Cooperation, State inspector
Financial Information Unit, Bank of Mongolia
02.2020
Project officer
Project Implementation Unit, Global fund supported project on HIV/AIDS and Tuberculosis
06.2011 - 05.2012
Project officer
Khet LLC
07.2010 - 05.2011
(1) Supervisor, (2) Analyst, (3) Senior Supervisor
Financial Information Unit, Bank of Mongolia
Graduate school of Management, International University of Japan
School of International relations and public affairs, National University of Mongolia
Mongolian Turkish High school, Ulaanbaatar
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