Principal Accountabilities
- Review and investigate alerts related to PEP (Politically Exposed Persons), SIP (Special Interest Persons), and sanctions.
- Investigate Transaction Monitoring alerts and file Suspicious Transaction Reports (STRs) when necessary.
- Maintain and update compliance policies and procedures.
- Prepare compliance training materials and generate relevant reports.
- Cascade new or revised compliance policies as directed by the Market Compliance Officer or direct leader.
- Ensure implementation of procedures and monitoring programs by relevant business units.
- Review and approve ongoing Client Due Diligence (CDD) submissions from business units.
- Collaborate with the Regional AML Oversight Team to implement enterprise regulatory requirements.
- Provide regulatory advice to business units on compliance-related matters.
- Support the management of the Internal Control Testing (ICT) program.
- Monitor regulatory developments and ensure timely implementation of changes by business units.
- Assist in compliance projects and initiatives to fulfill regulatory requirements under the direction of the direct leader.
Knowledge and Skills
- Bachelor's Degree in Business or related field AML/CFT certifications or diplomas are a plus.
- Minimum 2+ years of experience in KYC/AML and regulatory compliance.
- Familiarity with Singapore regulatory requirements, especially MAS Notice 626A for credit card businesses.
- In-depth understanding of compliance testing and monitoring.
- Proficient in MS Excel (e.g., Pivot Tables, VLOOKUP).
- Analytical mindset with attention to detail.
- Ability to develop regulatory policies, procedures, and conduct training on AML/CFT requirements.
Interested Applicants, please email your resume to (R1441955), stating the position as the subject title in the email. All Applications will be handled with strict confidentiality.
