Head of Compliance - Singapore - TechBridge Market

TechBridge Market

Verified Company

Singapore

3 weeks ago

Posted by:

Wei Jie

beBee Recruiter

Description

If you are passionate about playing a key role in the success of Singapore's globally trusted leader in data security and automation, we want to hear from you

Our client is a well-established brand in the IT Services and IT Consulting industry and is now looking for a passionate and driven

Head of Compliance to join their team.

This is an exciting opportunity to expand your skillset, and achieve job satisfaction and work-life balance.

Job responsibilities:

Conduct AML/CFT reviews (KYC) on clients' accounts, including advising and providing guidance on AML/CFT matters to relevant stakeholders.
Develop and maintain compliance controls framework and implement compliancerelated processes and procedures;
Draft and perform updates to compliancerelated manuals and policies, such as Enterprise Wide Risk Assessments, AML/CFT, business continuity planning, etc;
Draft and maintain outsourcing policy, review the outsourcing register and service level agreements for updates and revisions, and any material development, changes, or additions to the current arrangements.
Ensure that all operational procedures comply with applicable regulations, internal policies, and procedures;
Provide monthly compliance reports, and compliance checklist, and maintain compliancerelated registers and records in line with regulatory requirements;
Perform compliance reviews/testing and assist in preparing reports for the senior management / Board;
Prepare and/or review data and submissions to MAS; Act in compliance with all relevant filing dates;
Perform investigative work on suspicious transactions and/or activities.
Manage and review all transaction alerts within target timelines, and where appropriate, assist and prepare Suspicious Transaction Reports (STRs) to the relevant Authorities.
Manage the ongoing development of the company's Transaction Monitoring capabilities.
Keep abreast of new regulatory changes and assist in revising Company's policies and procedures where appropriate.
Contribute and assist in adhoc projects undertaken by Compliance Team.
Prepare and file Suspicious Transaction Reports on the SONAR platform.
Assist in the gathering of documents for Regulatory inspections/ other audits and visits.
Design and execute appropriate training for staff in relation to compliance and financial crime.

Job Requirements:

Diploma/Degree in Accountancy, Finance or Business or other relevant qualification.
Minimum 3 years of Compliance experience (preferably with KYC Review/ AML Transaction Monitoring experience).
Good understanding of the Payment Services Act.
Good to have ACAMS/ICA.
Proactive and problemsolver who is creative, with the ability to adapt and improvise accordingly.
Strong data analytical ability.
Excellent organizational and leadership skills.
Diligent and firm with high ethical standards.
Able to work independently and be part of a team.
Analytical and with an investigative eye for accurate details and redflag situations.

WHAT'S ON OFFER
Your interest will be treated with strict confidentiality.