Job Description:
To manage overall Anti-Money Laundering risk in Singapore branch and Anti-Money Laundering Section.
AMLD is responsible to be the second line of defence to manage money laundering/terrorism financing risks of the branch. AMLD is required to identify and manage the mentioned risks when transactions are being processed or when applications, products, systems and technologies are being adopted.
- Monitor Branch compliance with AML/CFT regulations & law
- Keep abreast with AML/CFT regulations and provide advisory to counterparts on the regulations
- Review, investigate and approve AML alerts generated
- Perform QC checks on closed Stage 1 review alerts
- Prepare suspicious transactions reports and responses to requests by regulatory authorities.
- Assist in following up on AML-relevant audit findings and their rectification
- Ensure AML/CFT policies and procedures are up-to-date
- Conduct AML/CFT related training
- Participate in projects and providing support to the team when required
Job Requirements:
- Bachelor’s Degree from a reputable institution.
- Preferably 3 years of relevant experience.
- Experience in Transaction Monitoring in Corporate Bank would be an advantage.
- Sound knowledge in corporate banking products would be preferable.
Skills & Attributes:
- Self-motivated team player with the ability to work independently.
- Meticulous and attentive to detail.
- Time management and organizational skills; ability to keep to strict timeline and multitask.
- Strong communication and interpersonal skills to foster collaboration with stakeholders at different levels.
