AML & Financial Crime Compliance Analyst

Monex Holdings; Singapore; On-site; SGD 60,000 - 90,000; Full time

Job summary

Monex Holdings in Singapore seeks a Compliance Analyst to oversee AML/financial crime procedures, with focus on onboarding Enhanced Due Diligence (EDD) clients and ongoing monitoring. You will support the Head of Financial Crime and the MLRO, ensuring MAS compliance, risk assessments, policy maintenance, and timely escalation of regulatory matters across the business.

The role requires collaboration with front office and other departments, training provision, and maintaining robust records to

Qualifications

• Bachelor's degree or equivalent qualification.
• Previous experience of working within in a similar, regulated financial services industry.
• Wide financial crime exposure to global AML and FC, specifically with high risk, EDD clients.
• Experience in regulatory compliance for regulated payment services firm or capital markets services licensee.
• Demonstrated experience in managing compliance issues across jurisdictions and multiple legal entities.

Responsibilities

• Oversight of the financial crime framework within the business for the onboarding and maintenance of high risk clients
• Support the Compliance Director, Head of Financial Crime and MLRO in all areas of Financial crime and AML related matters
• To advise, with the help of outside specialists where necessary, on EDD situations. Up to and including those involving PEP's and/or sanctions
• Execute and manage all escalations from the Financial Crime team, monitoring and front office, where applicable
• Understand the financial crime risks within MonFX and keep abreast of all regulatory changes
• Ensure financial crime prevention is communicated to the team, through regular training sessions and education
• To liaise with front office staff where applicable, to encourage an understanding of client risk
• Review AML policies and procedures to ensure they are up to date and meet regulatory requirements and current guidelines
• Ensure the firm's adherence with its financial crime and all AML regulations are adhered to
• Investigate and provide advice on all positive alerts incl. sanctions, PEP matches and adverse media
• Advise the AML team on high risk accounts and sign off Financial Crime Requirements
• Broad understanding of Financial crime regulations in Singapore;
• To provide relevant input into the firm's financial crime risk assessment matrix;
• Oversight of suspicious activity reports in absence of the MLRO;
• The continuous review and improvement of Compliance Policies & Procedures, Advice and Training Documentation, to ensure they continue to be compliant with MAS regulatory changes and best practice;
• Ensuring risk based procedures are in place for the review and escalation of due diligence/KYC documentation and information on all clients.

Skills

Financial crime exposure

Regulatory compliance

High risk/EDD

Cross-jurisdictional

Regulated payments

Education

Bachelor's degree or equivalent qualification

Job description

Monex Holdings in Singapore seeks a Compliance Analyst to oversee AML/financial crime procedures, with focus on onboarding Enhanced Due Diligence (EDD) clients and ongoing monitoring. You will support the Head of Financial Crime and the MLRO, ensuring MAS compliance, risk assessments, policy maintenance, and timely escalation of regulatory matters across the business.

The role requires collaboration with front office and other departments, training provision, and maintaining robust records to