Job Description

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About TMF Group

TMF Group is a leading global provider of high-value business services to clients operating and investing globally. We focus on providing specialized and business-critical financial and administrative services that enable our clients to operate their corporate structures, finance vehicles and investment funds in different geographical locations. Our core services can help companies of all sizes with HR and payroll, accounting and tax, corporate secretarial, international corporate structuring, fund administration and structured finance - whether a company wants to globalize, or whether they need support to streamline existing operations.

With operations in more than 80 countries, TMF Group is the global expert that understands local needs. Global reach, local knowledge: helping to do business seamlessly across borders.

Key Responsibilities:

• Assist in ensuring TMFSG adheres to and operates within all regulatory requirement as issued by the Monetary Authority of Singapore (\xe2\x80\x9cMAS\xe2\x80\x9d), Accounting and Corporate Regulatory Authority (\xe2\x80\x9cACRA\xe2\x80\x9d), TMF Group compliance and local compliance policies and procedures, whichever standard and requirement are higher.
• Perform/Review name screening, searches and verifying possible matches on Risk Screen and on Google internet for every new client enquiry, on-boarding, periodic review and exit of business relationship.
• Perform/Review Risk Assessment on each new and existing client mandate, for new client on-boarding and at every mandate review.
• Review Know Your Clients (\xe2\x80\x9cKYC\xe2\x80\x9d) documentation and assess its completeness, appropriateness, and reasonableness, including Source of Wealth (\xe2\x80\x9cSOW\xe2\x80\x9d) corroboration where applicable, verifying client due diligence measures have been performed and that MAS, ACRA, and TMF Group standards and requirement are complied with.
• Act as gateway for local new business, review, assess and advise new business applications and if required, seek clarification from staff of respective service lines.
• Assist in handling, reviewing, addressing, and resolving open issues (missing documentation, review dates, risk ratings etc.) on ORCA, TMF Group GCC Compliance database.
• Assist in the development, reviewing, updating, and implementation and conducting of anti-money laundering and specific compliance training programs
• Undertake ad-hoc compliance projects as required from time to time.
• Preparing Suspicious Transaction Reports (\xe2\x80\x9cSTRs\xe2\x80\x9d) for unusual/suspicious transactions via STROLLS to the Suspicious Transaction Reporting Office (\xe2\x80\x9cSTRO\xe2\x80\x9d), Commercial Affairs Department (\xe2\x80\x9cCAD\xe2\x80\x9d) of the Singapore Police Force and keeping all the records including the cases reported internally.

Key Requirements:

• Graduate from Poly/University in Business or related disciplines / Experienced career switchers or emerging professional / Up to 5 years of relevant experience in international companies or professional firms.
• 2 years of relevant experience in Trusts would be ideal but not essential. An understanding or exposure to Trust structures, REITs, special purpose vehicles (SPVs) and or other complex corporate structures KYC assessments would be highly desirable.
• Candidates having 2 years of on-boarding and transaction monitoring experience in corporate banking / institutional banking / funds compliance environment can also be considered.
• Proficiency in Microsoft office application (Excel/PowerPoint)

What\'s in it for you?

• Our offices are easily accessible by public transportation. (LRT & Monorail)
• Flexible working arrangements.
• Work with colleagues and clients around the world on interesting and challenging work.
• We provide internal career opportunities so you can take your career further within TMF.

Want to know more about a career at TMF group? Watch this video:

Advertised: 12 Sep 2023 Singapore Standard Time
Applications close: 31 Dec 2023 Singapore Standard Time

TMF Group