Responsibilities
- Perform second-line review and analysis of trade transactions, remittances (cheques, cash), and payments to identify potential AML/CFT concerns and recommend escalation to Compliance.
- Conduct pre- and post-transaction monitoring reviews, including investigation of alerts generated by the Transaction Monitoring System.
- Document risk assessments, findings, and mitigation rationale to support compliance decisions and escalation outcomes.
- Ensure timely identification and escalation of suspicious transactions in line with regulatory reporting requirements.
- Liaise with Business Units and Operations to provide advisory support on transaction monitoring and AML/CFT matters.
- Support AML reporting activities, including daily/monthly checks, updates to high-risk country lists, and review of watchlist and escalation reports.
- Prepare management reports and presentation materials, including transaction statistics for AML taskforce meetings.
- Assist with audit and regulatory requests by providing documentation, analysis, and relevant data.
- Maintain awareness of trade-based money laundering typologies, sanctions risks, and evolving AML/CFT regulations and best practices.
- Contribute to process improvements and support additional compliance initiatives as required.
Requirements
- Bachelors degree with 35 years of experience in financial services.
- At least 3 years of AML/CFT Transaction Monitoring and investigations experience in banking.
- Strong knowledge of trade finance products, payments, and remittance channels.
- Good understanding of MAS Notice 626, sanctions regimes, and AML/CFT frameworks.
- Strong analytical and investigative skills with attention to detail.
- Excellent written communication skills for drafting clear compliance narratives and reports.
- Proactive, independent, and able to manage tasks effectively.
- Strong team player with good stakeholder engagement skills.
- ACAMS or ICA certification is an advantage.
..This Singapore-based position is opened to Singaporeans only
Please state your availability, current and expected
salary in the resume.
We regret that only shortlisted candidates will be notified.
GMP Technologies (S) Pte Ltd | EA Licence: 11C3793 | Nurul Amirah | Registration No: R22108940
