Job Description

What the role is:

The Anti-Money Laundering / Countering the Financing of Terrorism Division (ACD) is responsible for the implementation of the anti-money laundering / countering the financing of terrorism (AML/CFT) regulatory regime for the precious stones and precious metals dealers (PSMD) sector and the legal sector.

What you will be working on:

You will be part of a dynamic team supervising PSMDs and law practice entities for AML/CFT compliance and preparing for the Financial Action Task Force\'s mutual evaluation (FATF ME) of Singapore. Your responsibilities include the following:

• Develop and enhance enforcement framework and procedures
• Conduct and oversee the conduct of inspections of the PSMDs and law practice entities
• Conduct and oversee the conduct of investigations on suspected regulatory offences
• Determine and execute enforcement actions on committed regulatory offences
• Conduct industry outreach activities to raise AML/CFT risk awareness and understanding of the AML/CFT requirements
• Perform data analysis and visualization
• Support ACD\'s international engagements and preparation for the FATF ME of Singapore where the AML/CFT regulatory regime will be assessed against AML/CFT international standards

What we are looking for:

We are looking for team players with positive and open attitudes, who want to learn and grow with ACD to be a progressive, firm and effective AML/CFT supervisor and have:

• Interest in AML/CFT
• Strong analytical and writing skills
• Good interpersonal and communication skills
• Highly motivated and proactive, takes ownership of the work given, and can respond flexibly to rapidly changing or complex situations
• Ability to work independently and within a team environment to meet deadlines
• Prior experience in compliance, enforcement, investigation, AML/CFT, FATF ME or prior work experience within the legal sector would be an advantage

Key Competencies

• [Research and Analysis]: Distill and analyse large amounts of information to identify patterns, trends and outliers in order to better support evidence-based decisions.
• [Investigating and Gathering Evidence]: Investigate potential enforcement violations by collecting and analysing all evidence while considering facts of the case, and with an appreciation of different privacy laws, security standards, and frameworks across countries and jurisdictions. Ensure all evidence related to the case are appropriately obtained, documented, processed, and stored in accordance with agency policy and procedures to support case resolution.
• [Managing Risks]: Evaluate possible situational risks and develop strategies to prioritise safety to members of public, agency, and officers. Adopt a risk-based approach to enable better decision making in resource allocation and risk management.
• [Possessing Interviewing Skills]: Use appropriate interviewing techniques to obtain important information about the incident.

About Ministry of Law:

In Singapore, having the rule of law and advancing people\'s access to justice are not just lofty ideals but the backbone of a functioning and a progressive society. At the Ministry of Law, not only do we contribute to developing the legal frameworks and policies that uphold our way of life, but also to providing community legal services that Singaporeans benefit from. The key policies we oversee include Singapore\'s legal and intellectual property infrastructure, the civil and criminal justice systems as well as land resources. Our officers are experts from different fields, and enjoy an excellent and challenging career in a fast-paced environment with plenty of opportunity to grow. If you share our vision of shaping the future of Singapore, you will definitely fit right in here at MinLaw.

Ministry of Law