Job Responsibilities:
- Assist in the drafting, managing, and executing of compliance policies and procedures in accordance with MAS or related regulations.
- Assist in the review of existing policies and procedures to ensure bank’s compliance with the latest regulations.
- Provide compliance advice to internal stakeholders of the bank.
- Perform daily post-transaction monitoring and clearing of alerts.
- Perform periodic/ onboarding KYC reviews of clients.
- Conduct periodic compliance assessments of individual business units in accordance with existing MAS regulations.
- Prepare monthly Compliance training materials.
- Any other ad-hoc task as assigned by the Compliance Manager.
Requirements:
- Relevant degree or equivalent in Banking & Finance or related field.
- 1 - 2 years’ experience in regulatory/ AML compliance in banking industry.
- Familiar with MAS notices, regulations and guidelines (i.e., MAS Notice 626).
- Familiar with anti-money laundering, KYC and client onboarding best practices.
- Familiar with using WorldCheck
- Fluency in English and Mandarin a MUST (both oral and written) for liaison with Head Office in Taiwan.
- Professional certification such as Certified Anti-Money Laundering Specialist (CAMS) a plus but not necessary.
- Able to work independently with minimal direction.
- Proactive, meticulous and organized.
- Able to start immediately or on short notices preferred.
