AML/CFT Compliance Specialist

We're on a mission to make financial services accessible and effortless for SMEs. As one of Singapore's latest digital wholesale banks fully regulated by MAS, we're committed to continuous innovation to bring about simpler, safer and more rewarding financial services. #bringingaboutwhatsnext

Job Description

Provide expert and practical advice to internal stakeholders on regulatory requirements, policies, procedures, and areas of AML/ CFT

Review and assist with product and services risk assessments of the Bank

Develop, implement and maintain relevant policies, procedures, templates, manuals on AML/ CFT controls framework

Assist/ Manage all regulatory, audits, independent reviews engagements relating to AML/CTF

Assist/ Manage all financial crimes ad sanctions-related incidents, escalations and exceptions

Identify and mitigate potential areas of AML compliance vulnerability and risks/gaps

Design and develop a deep understanding of AML/ CFT products and system capabilities, to propose new products/ system building or enhancements necessary to meet regulatory requirements

Collaborate with AML operations, product and technology team to raise system requests, conduct system testing and follow up on change requests till completion

Manage AML/ CFT related projects and assist with enterprise wide risk assessments (EWRA)

Design and execute regular reports to Senior Management and/or Board of Directors, measuring success and performance of AML Compliance initiatives, program, operations, critical metrics, and KRIs.

Assist with timely investigations and reviews for enhanced due diligence, transactions and sanctions related cases

Conduct regular training on AML/CTF and Sanctions matters

Monitor, keep abreast and assess impact of AML regulatory developments in Singapore

Support MLRO in executions of other ad-hoc key AML/ CFT matters where required

Requirements

With at least 6 years of experience in Anti-Money Laundering (AML) and Countering Terrorism Financing (CFT) in a banking environment

Strong communicator and collaborator with critical thinking and analytical skills

Team player with proactiveness and able to work independently

Fluent in English and Mandarin to communicate with Mandarin Speaking stakeholders