Job Description

Business: Compliance Position: Compliance/FCC Officer, based in Singapore Reporting to: Head of Financial Crime Compliance (FCC), Asia ROLE SUMMARY & PROFILE Overview Experienced MLRO (at least 8 years) is sought to assist the Asia Regional Compliance/FCC team. Must be familiar with Financial Economic Crime (FEC) principles and regulations in Singapore and in the region, including Sanctions assessments. Key Responsibilities

• Provide support to Money Laundering Reporting Officers (MLROs) throughout Asia on AML & Sanctions queries.
• Provide MLRO advice to business and processing units in new client on-boarding, periodic CDD reviews, pre-transaction and post transaction alerts.
• Provide advice to business and processing units on key requirements in accordance to the bank’s KYC policy.
• Review and investigate any suspicious transactions, including escalation and reporting to Senior Management and regulatory authorities on a timely basis.
• Assess, advise and provide implementation support for new AML/CFT regulations, policies and processes.
• Provide feedback & training to Business & CDD processing analysts on focus areas.
• Provide support and participate in AML/regulatory-related projects, such as Integrated KYC system, Post-transactions monitoring systems design & rollout.

We are looking for (key competencies and qualifications)

• Prior experience in interpretation and application of AML laws & regulations, in particular recent developments from FATF recommendations.
• Knowledge and experience in Sanctions assessments & developments.
• Ability to work independently in CDD and other AML monitoring and advisory activities.
• The candidate must have excellent communication skills and ability to build rapport with the Business, Country MLROs, Project stakeholders, CDD processing teams etc.
• Knowledge of Wholesale Banking products, Anti-Bribery & Corruption principles, FATCA/CRS will be an advantage.
• ACAMS certification will be an advantage.