Develop, implement, and maintain robust compliance, Anti-Money Laundering/Countering the Financing of Terrorism (AML/CFT), and other relevant policies and procedures.
Ensure all frameworks are aligned with MAS notices, guidelines, FATF recommendations, and industry best practices.
Financial Crime Oversight:
Act as a key point of contact for all AML/CFT matters, potentially taking on a Money Laundering Reporting Officer (MLRO) function.
Perform holistic customer risk assessments, evaluating factors such as geography, product usage, source of wealth/funds, and negative news.
Conduct ongoing transaction monitoring and investigate suspicious activities responsible for filing Suspicious Transaction Reports (STRs).
Screening & Due Diligence:
Oversee and perform daily alerts review for transaction monitoring, name screening (sanctions, PEPs, adverse media), and sanction screening.
Advise on and enhance the customer onboarding (CDD) and KYC processes to identify and close gaps.
Handle employee fit and proper checks and regulatory submissions.
Regulatory Liaison & Stakeholder Management:
Serve as the primary liaison for all communications and submissions to the MAS.
Coordinate with external auditors and regulators during compliance reviews and audits.
Train and engage local and regional employees on compliance matters, emerging threats, and risk mitigation strategies.
Advisory:
Provide timely and practical compliance advice to the business on new products, services, and emerging risks, particularly in innovative areas like digital assets.
