Job Description

JOB DESCRIPTION

Business: Compliance

Position: Compliance/FCC TM Officer, based in Singapore

Reporting to: Head of Financial Crime Compliance (FCC), Asia

ROLE SUMMARY & PROFILE

Overview

Experienced FCC professional (at least 8-10 years) is sought to assist the Asia Regional Compliance/FCC team in supporting all aspects of Transaction monitoring from a 2nd line Financial Crime compliance perspective. Must be familiar with Financial Crime principles and regulations in Singapore and across the region.

Key Responsibilities

Provide support and participate in AML/regulatory-related projects, such as Integrated KYC system, post-transactional payments monitoring system, Trade-based monitoring systems etc.

Challenge and provide support for business and data mapping to ensure completeness of system setup to meet the objectives of financial crime monitoring

Challenge & provide analytical support for developing, tuning and optimizing risk scenarios, parameters and thresholds in the financial crime system detection logic

Assess, advise and provide implementation support for monitoring tools to ensure regulatory red flags on all business activities are sufficiently covered, and implement compensating manual checks where necessary

Provide support to Money Laundering Reporting Officers (MLROs) throughout Asia on Project-related queries, incident management, remediations etc.

Work closely with the AML operations, first line and head office functions on transaction monitoring related matters

Perform additional tasks that may be required by the Head of FCC

We are looking for (key competencies and qualifications)

Prior experience in managing projects relating to financial crime systems implementation, as well as interpretation and application of AML laws & regulations in systems design & rollout

Ability to work independently

The candidate must have excellent communication skills and ability to build rapport with the Project stakeholders, IT & Operations expertise, Business, Country MLROs etc.

Knowledge of Wholesale Banking, especially Trade Finance products will be an advantage

ACAMS certification will be an advantage

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