Branch Compliance - Singapore - RevUp Consulting

RevUp Consulting

Verified Company

Singapore

3 weeks ago

Posted by:

Wei Jie

beBee Recruiter

Description

An established Regional Bank is looking to further establish their Private Banking presence in Singapore is looking to for an experienced AML Officer.

This position reports directly to the Head of Financial Crime Compliance and will be focusing on local AML works. In return you will enjoy a remuneration of up to $100,000 per annum.

Key Responsibilities

Conduct AML investigations, SOW corroboration, and STR report preparation and recommendations.
Work closely with stakeholders to improve / resolve AML related issues.
Review customer profiles for adherence to CDD procedures.
Engage internal stakeholders and ensure they are trained or refreshed on the AML policy and procedures.
Perform periodic compliance reviews to ensure compliance with regulatory requirements.
Prepare and submit regular and adhoc compliance reports/ updates to Head Office and Management with regards to local regulatory development / compliance matters / status on a periodic basis and upon request.

Requirements:

Bachelor degree with at least 5 years of relevant experience in the banking industry
Wellgrounded knowledge of the local regulatory framework and practices including those pertaining to AML/CFT regulations
Strong knowledge in MAS Notice 626 and private banking products
Strong command of written and oral English
Proactive & highly motivated. Possess maturity to handle challenging situations
Ability to professionally correspond with the authorities and represent the team at both internal and external meetings/events
CAMS or other compliance certification is a plus