AML Surveillance Specialist — Detect & Escalate Financial Crime

DBS Bank; Singapore; On-site; SGD 60,000 - 90,000; Full time

Job summary

DBS Asia Hub is seeking a Compliance professional to investigate alerts for money mule and money laundering risk, monitor suspicious activities and file STRs with authorities. You will liaise with business units and compliance teams, support surveillance projects, and ensure accurate data and timely reporting.

The role requires a Bachelor's degree in Finance/Business or related field, 1–3 years in AML/CFT or banking compliance, and strong analytical skills with ability to manage multiple

Qualifications

• Bachelor's degree in Finance, Business, Accounting, Law, or a related field.
• 1-3 years of experience in AML/CFT, transaction monitoring, financial crime, fraud investigation, or compliance within the banking industry preferred.
• Strong knowledge of AML/CFT regulations, money laundering typologies, scam risks, and STR requirements.
• Experience in investigating transaction alerts, identifying suspicious activities, and conducting risk-based assessments.
• Strong analytical and investigative skills with the ability to identify unusual transaction patterns and trends.
• Good communication and stakeholder management skills, with the ability to work effectively across business and compliance teams.
• Ability to manage multiple priorities, work independently, and deliver within tight deadlines.
• Proficiency in Microsoft Office applications, particularly Excel, and experience with transaction monitoring systems is an advantage.
• Professional certifications such as CAMS, ICA, or CFE will be an added advantage.

Responsibilities

• Investigate and assess alerts/escalations for potential money mule and money laundering risk in the Bank.
• Ensure efficient identification money mules and monitoring of suspicious activities and transactions, and timely escalation to respective parties where appropriate.
• Preparing, reviewing, and/or filing Suspicious Transaction Reports (STRs) and ensure timely reporting of suspicious transactions to the authorities.
• Assist with money laundering related queries or escalation received from business units, compliance units and/or other relevant stakeholders.
• Liaise with other compliance units and businesses regarding surveillance issues.
• Participate and assist in transaction surveillance projects.
• Undertake other ad-hoc duties as and when required, e.g., provide statistics and ensure accuracy of data, extract of documents for audit review.
• Maintain a current understanding of scams and money laundering issues, including policies, procedures, regulations, industry best practices, criminal typologies and developing trends.
• Support Team Leaders/Managers to ensure success and positive outcomes for the team, including meeting Team KPI/targets; and providing guidance/mentorship to team members.

Skills

Analytical skills

Investigative skills

Stakeholder management

Communication skills

Work under pressure

Education

Bachelor's degree in Finance/Business/Accounting/Law

Tools

Excel

Transaction monitoring systems

Job description

DBS Asia Hub is seeking a Compliance professional to investigate alerts for money mule and money laundering risk, monitor suspicious activities and file STRs with authorities. You will liaise with business units and compliance teams, support surveillance projects, and ensure accurate data and timely reporting.

The role requires a Bachelor's degree in Finance/Business or related field, 1–3 years in AML/CFT or banking compliance, and strong analytical skills with ability to manage multiple