Role Overview
We are seeking an experienced AML Compliance professional to join the Compliance team in a senior capacity. This role focuses on end-to-end financial crime compliance coverage, including transaction monitoring, sanctions screening, KYC/CDD/EDD reviews, regulatory reporting, and AML advisory support to the business.
Key Responsibilities
- Monitor AML transaction alerts and conduct investigations into potentially suspicious activities, including escalation and preparation of Suspicious Transaction Reports (STRs) where required
- Review and disposition sanctions screening alerts (including sanctions, PEP, and adverse media hits) in compliance with OFAC, UN, EU, and internal policies
- Perform and review KYC/CDD/EDD assessments for corporate and private banking clients, including source of wealth/funds verification for higher-risk clients
- Support ongoing client due diligence and periodic KYC reviews to ensure compliance with MAS Notice 626 and internal standards
- Support FATCA and CRS data validation and reporting to ensure accuracy and regulatory compliance
- Contribute to the development, enhancement, and optimisation of AML monitoring and screening systems
- Participate in Enterprise-Wide Risk Assessment (EWRA), including risk identification, assessment, and control evaluation
- Maintain and enhance AML/CFT policies and procedures in line with MAS regulations and Head Office requirements
- Draft, review, and update internal AML frameworks, procedures, and control documents
- Provide AML/CFT advisory support to business units on sanctions, onboarding requirements, and risk mitigation measures
- Support regulatory submissions, audits, inspections, and compliance reviews
- Deliver AML/CFT training and awareness sessions across business functions
- Monitor regulatory developments and assist in implementation of new or updated requirements
- Perform other duties as assigned by Head or Deputy Head of Compliance
Requirements
- Bachelor's degree in Finance, Accounting, Business, Law, Economics, or related discipline
- Minimum 4-6 years of AML/KYC compliance experience in banks or financial institutions
- Strong experience in transaction monitoring, STR handling, and sanctions screening
- Prior exposure to both corporate banking and/or private banking clients preferred
- Strong understanding of MAS Notice 626 and global AML/CFT frameworks
- Experience in regulatory reporting, audit support, and compliance advisory preferred
- Strong analytical and problem-solving skills with attention to detail
- Ability to work independently and manage multiple priorities
- Excellent communication and stakeholder management skills
- Fluent in English and Mandarin to liaise with internal and external Chinese-speaking stakeholders
