VP – Compliance Assurance and Testing

Key responsibilities

• Assisting management, Head of Compliance Singapore and Head of AML in their prime responsibility to comply with all relevant AML/S/CFT/ABC policies and procedures, from group guidance & local regulatory perspective, to ensure the local office has effective control framework with ongoing reviewing /testing programs in place
• Primarily responsible for AML/S/CFT/ABC transaction monitoring & account surveillance, as well as data mining.
• Assist in implementing and maintaining AML monitoring tools (SWIFT, Pythagoras and IMTF, etc)
• Handle threshold tuning exercises for the AML monitoring tools
• Identify and rectify control weakness through ongoing review/monitoring of the AML/S/CFT/ABC control framework from group and local regulatory requirement perspective
• Conduct all necessary regular reviews and surveillance on Compliance and AML/CFT/ABC controls framework, including but not limited to client acceptance, periodic review process, transaction monitoring, payment filtering & client screening clearance, timely STR filing and maintenance of register, business activities/processes, enterprise-wide risk assessment, high risk transactions reviews, etc.
• Prepare working papers and draft monitoring reports for review; follow up and monitor clearance of issues
• Assist in the preparation and submission of compliance/regulatory reports for management, regulators, auditors, etc.
• Involvement in ad hoc special work projects as and when required

Personal skills

• A keen interest to learn and perform general compliance matters. Good interactive, communication and writing skills. Familiar with tools such as VBA, Microsoft Access. Able to provide alternative solutions to business. Motivated and innovative; able to handle issues and resolve challenges in collaboration with colleagues. Team player.