Job Description
- Liaise with Monetary Authority of Singapore and any other relevant authorities, internal and external parties for any compliance and legal related matters.
- Support on all aspects of regulatory and compliance requirements, keep abreast of regulatory developments in prevention of Anti-Money Laundering/Countering the Finance of Terrorism (AML/CFT), assessing potential impact on the Company’s existing policies/procedures and implementing changes and improvements to the Company’s internal control and internal check processes to ensure compliance.
- Review and update the Company’s internal policies, guidelines and procedures from time to time.
- Contribute to the promotion and development of a compliance culture within the Company.
- Provide AML/CFT guidance and training to all staffs with respect to due diligence/KYC standards and applicable internal policies/ local regulations.
- Being responsible for the full spectrum of AML & KYC duties including conducting reviews on new clients, conducting periodic reviews on existing trust accounts and ongoing transaction monitoring.
- Facilitate in reporting of suspicious transactions from AML/CFT perspective.
- Support the preparation/follow-up on internal/external audit and regulatory inspection.
- Prepare a quarterly report on audit findings and annual report on compliance for submission to the Company’s Board of Directors.
- Provide internal support to legal team.
- Support the company secretary in holding of the Company’s Board of Directors meeting, prepare/draft the resolutions for the Board’s approval.
- And other duties as assigned.
Requirements
- Candidate must possess at least a Bachelor’s Degree, Post Graduate Diploma, Professional Degree, in Law.
- At least 3 year(s) of working experience in the related field is required for this position.
- Excellent command in English language.
