JOB DESCRIPTION :-
- Implement and enhance Group AML/CFT Policy, Standards and operating procedures & controls;
- Execute change impact assessment, develop a Change Management plan, including communication and training plans to ensure the message reaches all impacted users to improve knowledge and risk culture;
- Drive, manage and coordinate end to end developments, process and controls and oversee its implementation for Singapore and the Group entities;
- Provide compliance advisory support to business units and compliance officers across the Group;
- Conduct risk assessment exercises required under the Group AML/CFT program (such as Enterprise-Wide Risk Assessment, Compliance Risk Self-Assessment, benchmark of regulations etc.);
- Perform compliance testing/monitoring on Group entities to determine standard & quality of compliance;
- Determine root cause of issues/findings from audits/inspections and ensure timely resolution;
- Prepare risk management reports for submission to various stakeholders;
- Ensure timely and appropriate action on matters where ML/TF activities suspected;
- Take accountability in considering business and regulatory compliance risks and takes appropriate steps to mitigate the risks;
- Maintain awareness of industry trends on regulatory compliance, emerging threats and appropriate steps to mitigate the risks; and
- Highlight any potential concerns/risks and proactively shares best risk management practices.
JOB REQUIREMENTS :-
- Degree in Finance/ Commerce/ Economics/ Banking/ Law/ Engineering from a recognized university or tertiary institution;
- At least 1-3 years relevant working experience in the area of AML/CFT, compliance, internal audit or risk management in financial services industries;
- Broad knowledge of business, products and operations of the financial services industries (either banks, insurance and capital market firms), familiar with AML/CFT regulatory requirements and international standards;
- AML specialist certification with a recognized institution/association will be an advantage;
- Good interpersonal & communication skills, able to handle difficult situations, adaptable to fast-pace environment and able to work under pressure to meet tight deadlines;
- Good analytical, conceptual and problem solving skills;
- Resourceful, proactive and able to work independently as well as in a team;
- High level of integrity, takes accountability of work and good attitude over teamwork; and
- Takes initiative to improve current state of things and adaptable to embrace new changes.
