This position:

• Provide AML advice and support to the Private Banking business in Singapore and the international clientele of the Singapore Branch under the supervision of the Head of Legal & Compliance.

Key Responsibilities:

• Assist in providing AML and regulatory advice to management and the business and support units.
• Work with Head office, other branches and business units on AML and regulatory risks in relation thereto.
• Assist in advising and providing updates to Group Compliance and management on any new or updated AML laws, regulations and practices.
• Assist in drafting new AML policies and procedures, and updating existing policies and policies.
• Perform, administer and update the compliance monitoring programme in a timely manner.
• Conduct and/or assist in monitoring, review and investigation of transactions (including suspicious transactions), customer complaints and other AML matters.
• Assist in coordinating with MAS, CAD and other local regulators and authorities on all AML and regulatory issues.
• Assist in account opening, and account reviews whether of a periodic or ad-hoc nature.
• Assume any other tasks as assigned.

Minimum Bachelor’s degree in Business Administration, Accounting, Finance, or a related field

Minimum 2-5 years of relevant Private Banking AML experience

To be effective and successful in this position, the individual must:-

• be a strong team player who is strategic and yet practical, able to navigate through diverse cultures, develop and lead strategies in the face of an increasingly-regulated landscape;
• be able to trust and promote trust in team members;
• be able to advise, assist and collaborate with stakeholders from the business units to mitigate AML/CFT and sanctions risks in a practical, constructive and effective manner, within the ambit of the relevant regulations;
• have strong research, investigative and analytical skills, and attention to details so as to enable him/ her to make sound judgments and recommendations to Head of AML Compliance;
• possess mental toughness and be committed to quality work;
  have good verbal/written communication skills and interpersonal communication skills;
• have good organizational, multi-tasking and prioritization skills;
• be a self-motivated, self-initiated creative problem-solver who enjoys working in a bank environment.