Compliance Manager - Singapore - Bank of Singapore
Description
Compliance Manager - Transaction Investigation Unit (AVP)
-
(
230002CN
)
Description
Overview
The job holder will report to Head of Transaction Investigation Unit and will perform day-to-day investigations into cases escalated from business units and the filing of STRs.
Responsibilities
- Conduct indepth investigations into assigned cases escalated from data analytics and business units that poses potential AML/CFT risks.
- Identify possible red flags during investigations and recommend filing of STRs where applicable.
- Prepare and submit suspicious transaction reports to local authorities.
- Communicate effectively with relevant stakeholders (e.g. Front Office) for the purpose of conducting AML investigations.
- Contribute to the continuous enhancements of the bank's data analytics methods/models by providing regular feedback on the cases identified by data analytics.
- Perform Post STR transaction reviews and Post-Mortem reviews where necessary.
- Provide compliance advisory on AML/CFT matters including sanctions requirements, unblocking of accounts under close monitoring etc.
- Assist in preparation and timely submission of management reports with respect to areas concerning Transaction Investigation Unit.
- Contribute and maintain KRI (Key Risk Indicators) for Transaction Investigation Unit.
- Assist in the Compliance risk assessment of BOS AML/CFT processes.
- Contribute, update and implement AML/CFT related policy and procedures concerning AML Monitoring where necessary.
- Assist in performing adhoc activities in the area of AML/CFT investigations where necessary.
- Coordinate and conduct trainings to relevant stakeholders (including Front Office) in relation to AML transactions monitoring.
Qualifications
Requirements:
- At least 6 years of experience in AML/CFT Compliance, with at least 3 years of experience in AML transactions monitoring or investigations.
- Bachelor's Degree or equivalent
- Strong analytical skills with attention to detail, including planning and organization.
- Good interpersonal skills and ability to communicate effectively and work efficiently in a team setting.
- Good written skills for the purpose of detailing findings in investigation reports.
Primary Location:
Singapore
Job:
AML Monitoring
Organization:
BOS - Compliance
Schedule:
Permanent
:
Full-time
Job Posting:
21-Nov-2023, 8:31:41 PM
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