Allegis Global Solutions is the exclusive Contingent HR services provider for one of the world’s leading banks.
At Allegis Global Solutions we’re proud to be the leader in global talent solutions. We draw upon decades of industry expertise to develop innovative tools, products, processes and strategies focused on outcome. Moreover, we’re incredibly proud to have built a culture that empowers our people to make their mark while making deep connections that will last a lifetime. With our passion and culture for talent, we are truly transforming the way the World acquires talent.
Our Client is one of the world's most international banks with over 1,100 branches, offices and outlets in 67 countries. They operate in some of the world's most dynamic markets and have been for over 150 years. More than 90 per cent of their income and profits are derived from Asia, Africa and the Middle East. Their brand promise, Here for good, underlines their distinctive approach.
You will work in a fast-paced and collaborative environment to solve new and interesting challenges each day. Together with our team, you will help shape the future of our bank.
As a Financial Crime Compliance Controls Analyst, you'd be able to work on and solve many interesting challenges which we are facing, learn new ways of working, and help build delightful high-quality products for our customers.
Job Description
You will be responsible for supporting the Financial Crime Compliance Controls Lead, in managing Financial Crime Compliance (FCC) risks, aligning to the Enterprise Risk Management Framework. You will be responsible for the implementation of FCC frameworks, systems, controls, policies and procedures for digital-led banking in Singapore.
The Role Responsibility:
- Perform second line of defence role for managing risks relating to Anti-Money Laundering (AML)/ Countering Financing of Terrorism/ Sanctions/ Anti-Bribery and Corruption, investigate alerts, report suspicious transactions and escalate issues, as appropriate
- Identify risks and typologies arising from digital-led banking products/ customer segments/ geographies/ transactions.
- Understand technical aspects of systems and controls relevant to Customer Due Diligence, Client Risk Assessment, Name and Transaction Screening, Transaction Monitoring/ AML Surveillance, and support selection, calibration and tuning of rules and scenarios.
- Support the team’s oversight of design and end-to-end implementation of appropriate FCC frameworks, systems, controls, policies and procedures for digital-led banking in Singapore, effective management of issues and risks in collaboration with relevant stakeholders, and compliance with applicable regulations, policies and procedures.
- Support effective regulatory relationship management.
Requirements:
- Good educational background, ideally to degree or equivalent level.
- 1 year of financial sector experience and FCC second/ third line of defence roles.
- Proficient in FCC regulations, policies, standards and controls.
- Able to solve problems under pressure, innovate and achieve results sustainably.
- Possess strong stakeholder management skills; able to collaborate and communicate effectively.
Good to have (Optional):
- CAMS or relevant ICA certification.
- Enforcement/ regulatory/ regulatory liaison experience.
- FCC system implementation experience.
