Live opening · Posted 1 day ago
The key details from the original listing.
Live timing from JobBeeper.
Description supplied by the original job listing.
This position will be responsible in implementing and maintaining the Singapore AML Compliance program to ensure it meets the Singapore AML regulatory requirements and expectations. The Incumbent will support day to day AML activities which involves performing transaction monitoring investigations, filing of Suspicious Transaction Reports (STRs), PEP/Sanction/SIP screenings and investigations.
Success to this position is to possess an in-depth understanding of Singapore regulatory regimes and pertinent regulatory requirements, specifically for credit card business in area of AML, maintain a strong relationship with the business groups and SMEs / keys stakeholders within / outside Singapore on local regulatory requirements, while having good understanding of key regulatory requirements & implication to business operations.
Bachelor’s Degree in Business or equivalent. Professional certifications or Diplomas in AML/CFT.
Minimum 3+ years of experience within the KYC/AML field will be preferred.
Strong understanding of Monetary Authority of Singapore 626A requirements
Proficient in MS Excel (Pivot table, V-Lookup etc)
Analytical mindset with an eye for details
Excellent communication and presentation skills, verbal and writing, to be able to effectively develop regulatory policies & procedures and conduct training over the pertinent AML regulatory requirements.
Perform review and investigation on PEP/SIP/Sanction alerts
Perform Transaction Monitoring alerts investigation and filing of STRs when necessary
Assist with the review and revision of the Compliance AML policies and procedures to ensure all relevant regulatory requirements are adhered to
Cascade new or revised compliance policies when directed by Market Compliance Officer/direct leader, and to ensure implementation of procedures and monitoring programs by relevant business units.
Maintains up-to-date and accurate Singapore Compliance program inventory (policies & procedures, training and monitoring).
Perform review and approval for ongoing Client Due Diligence (CDD) reviews from business units
Work closely with the Regional AML Oversight Team
Provide regulatory advice to business units on any AML related matters
Any other projects/ duties as may be assigned
Recently tracked roles with full details and direct application links.