About the Role:
We are hiring on behalf of our esteemed banking client for a Transaction Monitoring Lead position. This is an exciting opportunity for an experienced compliance professional to lead critical anti-money laundering (AML) and sanctions functions while ensuring adherence to regulatory standards.
Responsibilities:
• Lead and provide guidance to the Transaction Monitoring and Sanctions team.
• Oversee daily operations of the Transaction Monitoring and Sanctions function and monitor the aging status of alerts.
• Conduct Level 2 reviews of corporate and STORMS alerts.
• Review and validate responses for production orders and file Suspicious Transaction Reports (STRs).
• Perform sample testing on commercial bank alerts and quarterly tests on Accuity (trade financing) alerts.
• Conduct annual reviews of transaction monitoring parameters and thresholds.
• Review gap analyses, business/exception/extension memos, and other documentation prepared by team members.
• Assist in preparing reports for management, Head Office, and regulatory bodies.
• Support audits and regulatory inspections or requests.
• Review AML policies and procedures, implementing necessary changes to ensure compliance.
• Deliver AML-related training and share updates with team members during regular meetings.
• Disseminate regulatory updates from relevant authorities, including STRO.
• Undertake other projects as assigned.
Requirements:
• Bachelor’s degree or higher in Finance, Economics, Banking, or a related field.
• At least 5 years of relevant experience in a similar capacity within a bank in Singapore.
• Proficiency in both English and Mandarin to liaise effectively with all stakeholders.
• Strong knowledge of local rules and regulations.
• Excellent interpersonal skills to manage stakeholders across multiple departments.
• Must be a hands-on individual with attention to detail and a proactive approach.
Application Process:
Interested candidates are invited to apply by clicking “Apply.” We regret that only shortlisted candidates will be notified.
About Us:
GreenLane is a Singapore-based recruiting firm specializing in banking, trading, tech, and other industries. We pride ourselves on connecting exceptional talent with leading organizations.
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