Compliance Associate

Allshores Corporate Services Pte. Ltd.; Santo Niño 1st; On-site; PHP 400,000 - 600,000; Full time

Job summary

Allshores Corporate Services Pte. Ltd. is seeking a Compliance Associate to support day-to-day Regulatory Compliance and AML/CFT activities.

The role involves client risk assessments, compliance monitoring and testing, and maintaining compliance procedures in collaboration with the Compliance Manager. The position requires updating policies, tracking regulatory developments in Singapore and Hong Kong, and developing training programmes.

Qualifications

• Degree in Accountancy, Finance, Business, Law or related discipline.
• Minimum 2 years of Audit experience in a professional services firm or large organisation.
• Regulatory Compliance or AML/CFT experience is advantageous.
• Strong written and spoken English with strong communication skills.

Responsibilities

• Assist in updating compliance policies, procedures and controls to ensure regulatory adherence.
• Monitor regulatory developments in Singapore and Hong Kong.
• Assist in developing compliance training programmes to raise awareness.
• Review Client Due Diligence (CDD) documents and assess client risk classifications.
• Assess name screening alerts for potential exposure to sanctions, PEPs and adverse news.
• Assist with the review of AML/CFT risk assessment and development of action plans.
• Conduct compliance testing, document findings, and prepare reports and recommendations.
• Coordinate responses to information requests from regulators, auditors and stakeholders.
• Undertake other compliance-related duties or projects as assigned.

Skills

English proficiency

Attention to detail

Analytical thinking

Effective communication

Education

Bachelor’s degree in Accountancy, Finance, Business, Law

Job description

Job Overview

We are seeking a Compliance Associate to support the Firm’s day-to-day Regulatory Compliance and AML/CFT activities. The role will cover client risk assessments, compliance monitoring and testing, and the maintenance of compliance procedures. The successful candidate will work with the Compliance Manager to support the effective implementation of the Firm’s compliance framework.

Responsibilities

• Assist in updating compliance policies, procedures and controls to ensure adherence to applicable regulatory requirements.
• Monitor regulatory developments in Singapore and Hong Kong.
• Assist in developing compliance training programmes to enhance awareness of compliance requirements.
• Review Client Due Diligence (CDD) documents and assess client risk classifications against applicable regulatory requirements and internal procedures.
• Assess name screening alerts, including potential exposure to Adverse News, Sanctions and Politically Exposed Persons (PEPs).
• Assist in  …}
• Assist with the review of the institutional AML/CFT risk assessment, including identifying key risks and supporting the development of action plans.
• Assist in conducting compliance testing, documenting findings, preparing reports and recommendations.
• Coordinate and assist with responses to information requests from regulators, auditors and other relevant stakeholders.
• Undertake other compliance-related duties or projects as assigned from time to time.

Requirements

• Degree in Accountancy, Finance, Business, Law, or a related discipline.
• Minimum 2 years of Audit experience in a professional services firm or large organisation.
• Prior experience in Regulatory Compliance or AML/CFT is an advantage.
• Strong written and spoken English, with effective communication skills.
• Detail-oriented with strong analytical and problem-solving skills.
• Ability to manage multiple priorities and work independently.