Compliance Analyst - AML

JOB DESCRIPTION:-

Implement and enhance Group AML/CFT Policy, Standards and operating procedures & controls;

Execute change impact assessment, develop a Change Management plan, including communication and training plans to ensure the message reaches all impacted users to improve knowledge and risk culture;

Drive, manage and coordinate end to end developments, process and controls and oversee its implementation for Singapore and the Group entities;

Provide compliance advisory support to business units and compliance officers across the Group;

Conduct risk assessment exercises required under the Group AML/CFT program (such as Enterprise-Wide Risk Assessment, Compliance Risk Self-Assessment, benchmark of regulations etc.);

Perform compliance testing/monitoring on Group entities to determine standard & quality of compliance;

Determine root cause of issues/findings from audits/inspections and ensure timely resolution;

Prepare risk management reports for submission to various stakeholders;

Ensure timely and appropriate action on matters where ML/TF activities suspected;

Take accountability in considering business and regulatory compliance risks and takes appropriate steps to mitigate the risks;

Maintain awareness of industry trends on regulatory compliance, emerging threats and appropriate steps to mitigate the risks; and

Highlight any potential concerns/risks and proactively shares best risk management practices.

JOB REQUIREMENTS:-

Degree in Finance/ Commerce/ Economics/ Banking/ Law/ Engineering from a recognized university or tertiary institution;

At least 1-3 years relevant working experience in the area of AML/CFT, compliance, internal audit or risk management in financial services industries;

Broad knowledge of business, products and operations of the financial services industries (either banks, insurance and capital market firms), familiar with AML/CFT regulatory requirements and international standards;

AML specialist certification with a recognized institution/association will be an advantage;

Good interpersonal & communication skills, able to handle difficult situations, adaptable to fast-pace environment and able to work under pressure to meet tight deadlines;

Good analytical, conceptual and problem solving skills;

Resourceful, proactive and able to work independently as well as in a team;

High level of integrity, takes accountability of work and good attitude over teamwork; and

Takes initiative to improve current state of things and adaptable to embrace new changes.