Assistant Manager/Manager, Compliance – AML, Corporate Bank recruitment
1. Provide advice on anti-money laundering and terrorist financing issues
2. Advise front office staff on how to handle exceptions from our AML/CFT framework
3. Monitor branch compliance with AML/CFT regulations and laws and report any violation to management
4. Provide training on AML/CFT matters
5. Draft reports and ensure they are submitted to Head Office in accordance with deadlines
6. Draft suspicious transaction reports and ensure they are submitted to CAD promptly
7. Keep abreast with industry AML/CFT practices and advise/tailor our branch policies and procedures accordingly
8. Follow up on compliance-related auditors'/MAS' findings relating to AML/CFT and their relevant rectification
9. Liaise with MAS and government agencies on AML/CFT issues
10. Keep internal procedures manuals up-to-date where they relate to AML/CFT
11. Conduct meetings with relevant departments on AML/CFT issues
12. Support project in enhancement of systems
Transaction Monitoring
1. To investigate suspicious transactions and escalate any suspicious transactions to Manager
2. To perform requisite functions with respect to the transactions monitoring systems
Requirements
1. Degree holder with minimum 2-3 years relevant experience in banking
2. Working knowledge of AML/CFT requirements in Singapore and OFAC
3. Possessing transaction monitoring experience would be advantageous
4. Good verbal and written communication skills