Job Description

Newly created role with an established global bank which is steadily expanding in the region. Reporting to the Singapore MLRO, this role will work closely with the business and management to ensure adherence to applicable local requirements regarding AML, sanctions, politically exposed persons and anti-bribery and corruption. Hiring firm has an excellent culture and stable, collegiate compliance team.

As part of the FCC team, you will assist with and contribute to:

• Assisting with the Financial Crime Compliance Program including implementation of the AML and compliance framework as well as the ongoing review to identify potential gaps, oversight of key controls, where necessary driving remediation activities and liaising with key regulatory contacts
• Advise and directly partner with Senior Management in the development of programs, policies, operating and compliance procedures, and other controls to manage financial crime risk through the full product/service lifecycle
• Identify, document and drive Singapore business acceptance of financial crime risks with Senior Branch Management
• Establishing and managing the policies, systems, and processes to counter the risks of the bank’s involvement in money laundering, terrorism financing and sanctions evasion, bribery, and corruption, as well as for filing Suspicious Transactions Reports (STRs)
• Embed and maintain the framework for identifying, and documenting all local financial crime compliance obligations through rules mapping, risk assessments, monitoring and regulatory change management processes
• Conduct gap assessments of new laws, regulations, or MAS guidance (e.g., thematic reviews) against existing controls in a timely manner and develop additional controls as required to comply with changes in local obligations
• Implement and ensure tracking of financial crime regulatory changes in Singapore
• Conduct Financial Crime Compliance Enterprise-Wide Risk Assessments annually or as otherwise required for the Singapore Branch
• Review and agree on suspicious transaction monitoring conducted by a centralized team
• Develop and conduct other financial crime compliance monitoring activities for Singapore
• Provide training on new and existing developments related to coverage area
• Fulfil AML reporting requirements, including for internal committees
• Identify areas for control enhancement in either the first or second line of defence. Define and implement additional FCC controls to minimise risk profile.

Profile:

• 6-10+ years of financial crime compliance experience in an international bank preferred
• ACAMS certification well regarded
• In depth knowledge of local financial crime compliance laws and regulations.

Salary range:

• ~$120k - $180k

For a confidential discussion on this role, please apply now.

Sloane | Shorey

Sloane Shorey Consulting is a specialist recruitment firm focusing on compliance, controls and risk management positions across Asia Pacific. We are a Ministry of Manpower Licensed Employment Agency (EA License 20S0307).