Responsibilities

Regulatory Compliance

• Develop/ periodic review policies/manuals/procedure notes under Compliance Department's purview.
• Conduct Regulatory Review in accordance with the Compliance Review and Training Plan.
• Coordinate, liaise, handle enquiries and ad-hoc/periodic submissions to Head Office and MAS promptly.

Anti-Money Laundering Compliance

• Provide advisory/clearance of daily payment gateway screening hits and periodic name screening hits in relation to sanctions and adverse news (when required).
• Perform onboarding and periodic review on customers.
• Review suspicious and irregular transactions in customers' accounts and conduct basic inquiry into such transactions with a view to filing a Suspicious Transaction Report to the Suspicious Transaction Reporting Office ("STRO") when appropriate.
• Manage name screening tool, including review and reporting of true hits.

Others

• Provide cover for team members within Compliance Department in assigned areas during their leave of absence.
• Undertake other duties as assigned.

Requirements

• Diploma and above, preferably in Accounting, Banking & Finance, Business or Law. Fresh graduates will be considered.
• Relevant experience in Compliance function of a financial institution/regulatory body covering banking laws, particularly in SFA / FAA, FATCA/CRS and/or, AML/CFT requirements preferred.
• Candidates with certifications such as Diploma in Compliance or Association of Certified Anti-Money Laundering Specialist (ACAMS) would have an added advantage.
• Excellent communication and interpersonal skills with ability to interact with all levels of staff and management.
• Have the drive, energy and perseverance to succeed in a competitive market environment.