Job Responsibilities

• Review customer due diligence (CDD) for AML and Combating the Financing of Terrorism (CFT) for corporate banking, deposit collection, global financial institutions, trade finance, and treasury investment.
• Conduct AML/CFT training programs and ensure full compliance with, amongst others, the requirements of the Monetary Authority of Singapore ("MAS") Act, Banking Act, Securities and Futures Act and Financial Advisers Act.
• Oversee daily compliance activities and guide colleagues to ensure adherence to compliance regulations.
• Manage transaction escalations from the business and ensure timely resolution of compliance alerts.
• Disseminate and ensure the timely implementation of regulatory guidelines, correspondence, and surveys.
• Review and provide compliance sign-offs on branch policies, manuals, new products, and change management requests.
• Implement and manage compliance and AML-related projects, systems, and software for the Singapore Branch.
• Assist the Head of Compliance with MAS inspections and handle responses to queries and concerns raised by the MAS.
• Oversee outsourcing activities to ensure compliance with MAS guidelines, including monitoring, confidentiality, and on-site reviews.
• Serve as the back-up for the Head of Compliance and Deputy Anti-Money Laundering (AML) Compliance Officer in the absence of HOD.

Requirements

• Minimum 4 years of KYC/AML/Regulatory Compliance experience in Banking and Financial Services industry
• Strong knowledge of AML regulations, MAS Act, Banking Act, SFA and FAA
• Good knowledge of banking products would be an advantage
• Excellent interpersonal and communication skills.

Thank you for your interest in this role. Please note that only shortlisted candidates will be contacted.

Registration No. R1985319

EA License No. 25C2698