Job responsibilities
- Lead and provide guidance within the AML TM Team, providing strategic direction and expert guidance.
- Oversight of day-to-day TM alerts/matters and monitor aging status of TM alerts. Vigilantly monitoring TM Team timelines to ensure prompt and accurate alert reviews
- Monitor and analyse banking transactions and customer activities with bank systems. Identify suspicious patterns, unusual behaviour, and high-risk activities that may indicate money laundering, fraud, or other illicit activities. Review and document findings, including detailed analysis with supporting evidence.
- Conduct investigations on identified suspicious transactions or activities.
- Filing of STRs to SONAR, ensuring compliance with regulatory reporting obligations and timelines
- Prepare and present insightful Management Information System (MIS) reports for internal and/or regulatory related reporting.
- Annual review of transaction monitoring parameters and thresholds.
- Enhance and optimize the design and management of transaction monitoring rules and processes, tailored to meet the needs of our evolving and diverse client base.
- Stay abreast of the latest regulatory developments in transaction monitoring and ensure our processes align with industry-leading practices and regulatory guidelines. Proactively prepare for and navigate regulatory audits to ensure our TM framework and processes remains compliant.
- Foster a collaborative approach within AML Team and other departments within the Bank.
- Support AML Team in the execution of ad-hoc key AML/ CFT matters where required.
Requirement
- Diploma/ degree holder with minimum 10 years' experience in Transaction Monitoring and/or Anti-Money Laundering (AML) and Countering Terrorism Financing (CFT) in a digital SME/Corporate banking environment. Additional certifications in anti-money laundering (AML) will be advantageous.
- Team lead or managerial experience will be advantageous.
- Proficiency in the Singapore AML/CFT regulations and guidelines
- Ability to organise and prioritize workload, support and motivate the team in delivering all commitments on time
- An accountable team player with collaborative spirit, ability to build rapport with internal stakeholders and customers
- Entrepreneurial mindset - overcome challenges with creative thinking and innovative solutions
We apologize that only shortlisted candidates will be contacted. Thank you.
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PERSOLKELLY Singapore Pte Ltd • RCB No. 200007268E
EA License No. 01C4394 • EA Registration No. R1653100 (Goh Jia Zhen Crystal)
