AML | Compliance | Asia Pacific | Singapore recruitment
The Role
• Provide advice on anti-money laundering and terrorist financing issues
• Advise front office staff on how to handle exceptions from our AML/CFT framework
• Monitor branch compliance with AML/CFT regulations and laws and report any violation to management
• Provide training on AML/CFT matters
• Draft reports and ensure they are submitted to Head Office in accordance with deadlines
• Draft suspicious transaction reports and ensure they are submitted to CAD promptly
• Keep abreast with industry AML/CFT practices and advise/tailor our branch policies and procedures accordingly
• Follow up on compliance-related auditors'/MAS' findings relating to AML/CFT and their relevant rectification
• Liaise with MAS and government agencies on AML/CFT issues
• Keep internal procedures manuals up-to-date where they relate to AML/CFT
• Conduct meetings with relevant departments on AML/CFT issues
• Support project in enhancement of systems
Transaction Monitoring
• To investigate suspicious transactions and escalate any suspicious transactions to Manager
• To perform requisite functions with respect to the transactions monitoring systems
Ideal Candidate
• Degree holder
• Working knowledge of AML/CFT requirements in Singapore and OFAC
• Transaction monitoring experience
• Good verbal and written communication skills
• Ability to handle demands and requirements of internal customers
• 2-3 yrs experience in a similar role in banking
Please send all enquiries to qrfsing@selbyjennings.com