Director of Compliance

Key Responsibilities

• Lead the development, maintenance and enhancement of the Group AML/CFT governance framework, including policies, standards and procedures.
• Ensure compliance with MAS AML/CFT regulations and regulatory expectations, including MAS Notice 314.
• Provide AML advisory and compliance guidance to business and functional stakeholders.
• Conduct AML compliance assurance reviews to assess the effectiveness of AML controls and identify areas for improvement.
• Perform enterprise-wide AML risk assessments and enhance the AML risk assessment framework.
• Oversee AML-related activities across business units, ensuring alignment with regulatory requirements and internal standards.
• Review and enhance AML policies, procedures and governance documentation on a regular basis.
• Conduct quality assurance reviews over Know Your Customer (KYC), Customer Due Diligence (CDD) and Transaction Monitoring processes.
• Partner with Risk, Compliance, Operations, Technology and senior management to strengthen AML governance and control effectiveness.
• Support regulatory reviews, audits and remediation initiatives where required.

Requirements

• Bachelor's Degree in Finance, Business, Law, Accounting or a related discipline.
• Minimum 10 years of experience in AML/CFT, Financial Crime Compliance or Regulatory Compliance within banking, insurance or financial services.
• Strong experience in AML governance, policy development, compliance assurance or AML advisory.
• Deep understanding of MAS AML/CFT regulations, including MAS Notice 314 and regulatory expectations.
• Experience conducting Enterprise-Wide AML Risk Assessments (EWRA).
• Strong knowledge of KYC, Customer Due Diligence (CDD), Enhanced Due Diligence (EDD), sanctions screening and transaction monitoring frameworks.
• Experience reviewing AML controls and driving remediation initiatives.
• Excellent stakeholder management and communication skills with the ability to influence senior management.
• Leadership experience managing teams or leading cross-functional initiatives will be highly advantageous.
• Exposure to AML technology platforms, data analytics or AI-enabled compliance solutions is an advantage.
• Prior experience engaging with regulators will be considered an added advantage.