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AVP, AML Compliance

Advisory

Provide advisory to business unit as AML/CFT subject matter expert
Review Business Unit's Customer Due Diligence assessments (onboarding or periodic review) and provide concurrence from Compliance perspective
Responsible for implementing and monitoring any initiatives in respect of the Group AML/CFT programs and working with relevant stakeholders to operationalise at front line
Keep abreast of AML/CFT, sanction laws, regulations and developments, analyse and provide update to relevant stakeholders on such developments
Conduct regular outreach sharing program to Business Unit of latest typologies/trends on managing the firm financial crime risks
Review and approve any new capital market products

Transaction Monitoring

Review and assess daily/monthly screening alerts
Review daily/monthly transaction monitoring alerts, investigate for suspicious activity
Assist in drafting and filing of Suspicious Transaction Report (STR) to regulators on timely manners
Undertake post-mortem assessment on the STR filed for sharing of current trend with relevant stakeholders
Assist to review and optimise Transaction Monitoring rules, balancing alert volume and risk coverage
Assist in complying with production order from regulators
Timely uploading of internal watch list onto screening system on timely manner

Governance

Responsible for reporting of relevant AML/CFT key metrics on periodic basis
Assist in Enterprise Risks Assessment projects
Lead and prepare the Annual Compliance Plan and follow through to completion on the action
Conduct AML/CFT training periodically to management and Business Unit
Identify any process gaps and work with stakeholders to improve, remediate the gaps and strengthen the controls
Review and updates the AML/CFT policies and procedures (include Customer Due Diligence polices)
Co-ordinate and manage AML/CFT audits, including internal and MAS-related audits. Track and ensure timely resolution of issues raised
Undertake any other AML/CFT related matters or ad-hoc projects

Qualifications
Qualification

A university degree in Accounting/Commerce/Finance, Banking or Law or related discipline (certified as an AML specialist with a recognized institution/association (eg ICA or ACAMs) will be advantages

Experience

At least 5 years' experience in established financial institution or with regulator (experience in capital markets, stock broking an advantage)
Knowledge in banking/brokerage products (experience in brokerage on AML/CFT and knowledge of SGX rules is an advantage)
Experience in dealing with Regulators or Audit (internal and external)

Skills

Proficient in writing with strong communication and interpersonal skills
Strong attention to details, analytical, investigation, with good interpersonal and communication skills
Self-driven with high level of initiative and follow-through skills
Able to work independently as well as in a team
Familiar with Singapore's AML/CFT regulations

*LI-MLIU