AVP, AML Assurance #BankingandFinance

AVP, AML Assurance

(Business Risk and Controls Management - Group Retail)

Job Description

You will be part of the Anti-Financial Crime team within Group Retail that covers a range of banking segments and products. As we continually build on our foundation of strong governance and control, you will be charged with ensuring that the governance and controls framework is applied and tested for assurance, in addition to creating additional risk awareness, an ethical culture and professionalism within our workforce.

You are a competent subject matterexpert in the area of anti-money laundering, countering the financing ofterrorism, sanctions and fraud. As a seasoned practitioner, you are at theforefront of regulatory developments in these areas where you will be able todesign and conceptualise dashboards and key risk indicators to provide impactanalysis, interpretation, advisory and recommendations to Business Units for the implementation of AML related policies and practices. You will suggest recommendations to sharpen our risk awareness and provide solutioning on how to manage any emerging areas for improvement / risks / trends.

You are a team player and able to effectively collaborate with the business to build an efficient environment for Compliance and Audit to effectively operationalize their requirements. You can enhance the design of the existing framework to provide an effective testing framework to provide assurance to the senior management on the effective controls. Additionally, the senior management will look to you to translate keyrisk indicators for the effective management.

Responsibilities

• Provide control testing on critical functions and key AML /CFT /Sanctions /Fraud policies procedures, guidelines
• Proactively suggest suitable and relevant operational advisory to business units for key processes such as customer on-boarding and retention of customer relationships
• Identify regulatory risk and on AML/CFT requirements to assess impact on business segments
• Assist business units to operationalize and develop processes and controls to manage risks
• Review new business initiatives for compliance to AML/CFT governance requirements
• Conduct investigation into suspected ML/TF activities
• Review audit findings from internal & external reviews to assess adequacy of controls and facilitate formulation of corrective actions.
• Participate instrategic AML projects and initiatives to advise on AML controls
• Facilitate the gathering and provision of data/information to Management oversight
• Conduct Compliance Training to raise staff awareness on AML/CFT controls, trends and typologies
• Prepare regular management reports to raise their awareness on the risk areas and exposure

Requirements

• Bachelor's Degree inBusiness Management or related fields
• Working knowledge of MAS 626 Regulations and Guidelines
• Relevant 5 or moreyears of experience in AML/ CFT/ Sanctions or relevant Audit or Regulatory experience
• ACAMs certificationand prior experience in AML system and process design is preferred
• Resourceful,meticulous, analytical with strong interpersonal and communication skills
• Proficient inMicrosoft office suite of applications
• Use of analyticaltools such as Power BI, Qilkview is an advantage

Interest applicants, pls email updated resume to [Confidential Information]

Jessie Hoe Huey Miin

CEI Reg No. R1103861

EA Lic: 99C4599