AML & Compliance Senior Officer

Role and Responsibilities

• Assist the Head of Compliance in the enhancement of Anti-Money Laundering and Countering Terrorism Financing ("AML") control measures to build a more robust AML framework for the Bank
• Review/conduct customer due diligence/end to end evaluation of new and existing customers (including post transaction review), ensuring compliance with the Bank’s AML/CFT/Sanctions requirements
• Review and assess alerts from money laundering risk through transaction monitoring systems and liaise with business units as necessary to investigate the alerts
• Roll out enhancements to Compliance Department’s policies and procedures and proactively identify areas for improvement to enhance the Bank’s systems, methodologies, and process simplification
• Take charge of various bank-wide initiatives, AML assessments and reviews, and ad-hoc projects led by the Compliance Department
• Ensure management is made aware of all pressing issues in a timely manner
• Operate to the very highest levels of integrity at all times
• Maintain appropriate audit trails and documentation in all instances
• Carry out any other tasks as assigned by the Head of Compliance from time to time

Requirements

• Strong degree-level academic qualifications
• Minimum 5 years of relevant Compliance experience with familiarity of the relevant AML legal and regulatory requirements such as MAS Notice 626
• Demonstrable understanding of the financial market
• Good knowledge of products/services offered by a bank to clients
• Evidence of drive, curiosity, good judgment, and good attention to detail
• Rigorous, well-organized with a structured and logical approach