Analyst/AVP, Compliance Department (Financial Crime Compliance)

SUMITOMO MITSUI BANKING CORPORATION Singapore Branch; Singapore; On-site; SGD 60,000 - 90,000; Full time

Job summary

A leading banking institution in Singapore is seeking an AML specialist to oversee compliance and monitor AML practices across APAC offices. Ideal candidates will have 2-5 years of experience in the banking sector, a degree or equivalent, and strong attention to detail. This role requires excellent communication skills and a collaborative attitude to work effectively in a team environment.

Qualifications

• 2-5 years of relevant experience in banking or financial institution.
• Experience in AML and sanctions preferred.
• Ability to work under tight timelines.

Responsibilities

• Oversee day-to-day AML-related issues and systems checks.
• Monitor and supervise AML frameworks for APAC offices.
• Assist in updating department procedures and guidelines.

Skills

Attention to detail

Communication skills

Team collaboration

Education

Degree or equivalent

Job description

Job Responsibilities

• Responsible for day to day AML-related issues including checks on anti money laundering systems for hits on sanctions lists and for transactions flagged as suspicious and assisting with overseeing monitoring of AML matters as set out in local regulations and HO policies
• Assisting in reviewing and keeping dept desk procedures and guides up to date
• Monitoring and supervising the AML framework of assigned APAC offices including working with AMLOs to understand the AML laws, policies and practices of the APAC office, keeping up to date with international developments in AML as well as changes to HO policies and recommend and monitor changes to the office’s policies, providing advice to AMLOs on AML matters (other than legal matters) and reviewing AML Procedure Manuals for assigned APAC offices
• Other tasks assigned by team lead or dept head

Job Requirements

• Degree or equivalent
• 2-5 years' of relevant experience (AML) in banking/Financial Institution, experience in sanctions preferred
• Meticulous, with a strong eye for detailsli>
• Good communication skills (written and spoken)
• Able to work under tight timelines
• Team player
• Willing to be hands on