Application Development Manager, Financial Crime Compliance (Financial

Ernst & Young Solutions LLP; Singapore; On-site; USD 70,000 - 110,000; Full time

Job summary

Join a forward-thinking organization dedicated to financial services, where you will play a pivotal role in risk management. As a Manager in the Financial Crime Compliance team, you will lead a dynamic group, ensuring regulatory compliance and effective risk management. This position offers a unique opportunity to work with multi-disciplinary teams, applying innovative solutions to complex challenges in the financial sector. With a focus on professional growth and a collaborative environment, this role is ideal for motivated individuals looking to make a significant impact in the industry.

Benefits

Competitive compensation package

Support and coaching from colleagues

Opportunities for skill development

Flexible work arrangements

Qualifications

• Min 6 years of relevant FCC risk management experience.
• Experience with FCC-related technology projects in financial institutions.
• Strong understanding of regulatory expectations.

Responsibilities

• Lead a team in providing strategic sourcing services for FCC.
• Manage project plans and ensure successful delivery.
• Collaborate with clients to optimize business processes.

Skills

Financial Crime Compliance (FCC)

Regulatory Compliance

Project Management

Analytical Skills

Leadership

Communication Skills

Problem-Solving

Teamwork

Education

Bachelor’s degree in Computer Science

Graduate degree in STEM fields

Tools

Python

R

SQL

Mantas

Actimize

Job description

We are the only professional services organization who has a separate business dedicated exclusively to the financial services marketplace. Join Financial Services (FSO) and you will work with multi-disciplinary teams from around the world to deliver a global perspective. Aligned to key industry groups including asset management, banking and capital markets, insurance and private equity, we provide integrated advisory, assurance, tax, and transaction services.

Your Key Responsibilities

As a Manager in the Risk Management – Financial Crime Compliance team, you are required to lead and grow a team and to provide strategic sourcing services related to regulatory compliance, Financial Crime Compliance (FCC), corporate governance, enterprise risk management, internal controls and internal audit, to our clients in financial services (FSO) industry. You are also required to assist organizations to maintain effective and efficient controls, in order to manage organizational and strategic risks.

The Opportunity

As part of the Financial Services Risk Management (FSRM) practice and you will provide a well-integrated broad array of risk management services to capital market participants within global banking, capital markets, asset management and insurance. FSRM products and services include Anti-Money Laundering, Regulatory Compliance, Prudential Supervision, Bank Holding Company reporting, Credit Risk/ Capital Adequacy/ Liquidity Risk, Market Risk, Operational Risk, Enterprise Risk, Structured Finance and Quantitative Advisory Services.

Skills and Attributes for Success

• Deliver assignments to a high level of client satisfaction and within budget
• Effectively communicate both verbally and in writing
• Build an understanding of our solutions, share knowledge and be able to draw on subject matter specialists accordingly
• Be up-to-date on modern technology advancements and a strong desire to apply them for solving problems
• Leverage technology to continually learn, improve service delivery and maintain our leading-edge best practices
• Strong presentation skills and proficiency in the use of PowerPoint, Word and Excel
• Self-motivated with lots of energy and drive
• Effective leadership, project management and teamwork skills
• Analytical skills; specifically, the ability to assess and decompose financial services industry processes utilizing a risk and control focus

Ideally, you’ll also have

• Hands on experience with FCC / Compliance Analytics or Innovation practices as part of a financial institution or a consulting practice.
• Experience with the design, development and implementation of internal controls for financial services business processes, especially in FCC framework and strategy preferred.
• Experience with technology products across compliance domain including AML, Sanctions and KYC such as Mantas, Netreveal, Actimize, SAS, Fircosoft, etc.

To Qualify for the role, you should have

• Min 6 years relevant Financial Crime Compliance (AML/ CFT, Sanctions, Anti-Bribery & Corruption and Fraud) risk management, compliance experience in banking, insurance, asset management, and/or in a big public accounting firm;
• At least 5 years' experience in delivery of FCC-related technology projects, such as payments screening, transaction monitoring, &/or customer risk rating systems preferably at a large/ complex financial institution.
• Min Bachelor’s degree in Computer Science, Information Technology, Programming & Systems Analysis, Science (Computer Studies) or related degree (with relevant experience)
• Collaborate closely with clients to understand their business requirements, identify opportunities for optimization, and recommend innovative solutions.
• Manage a team of consultants, providing mentorship, guidance, and support in project execution and career development.
• Develop project plans, allocate resources, and monitor project progress to ensure successful project delivery.
• Oversee the acquisition and development of software systems in organisational units.
• Oversee the development of Proof-of-Concept/ solutions and provide technical expertise on the development of software and platform features, ensuring that appropriate security and risk factors are considered.
• Ensure the quality of implementations by conducting thorough testing, quality control, and best practice adherence. Monitor the results and quality of the different software solutions and projects implemented in the organisation.
• Familiarity with FCC analytics processes such as parameters setting, threshold tuning, and case optimization, etc.
• Hands on experience with statistical analysis and utilizing programming languages such as Python, R, and SQL (highly preferred).
• Strong understanding of expectations of regulators such as MAS and HKMA. Knowledge of other major jurisdictions in ASEAN and practical experience in the industry (preferred).
• Knowledge of the global risk and regulatory environment, especially developments in the FCC space.
• Experience with model validation and governance tailored for compliance verticals (highly preferred).
• Graduate degree in STEM fields (preferred).
• Industry related certification (e.g., CAMS or ICA diploma in AML) (preferred).

What we look for

Highly motivated individuals with excellent problem-solving skills and the ability to prioritize shifting workloads in a rapidly changing industry. An effective communicator, you’ll be a confident team player that collaborates with people from various teams while looking to develop your career in a dynamic organization. A hands on, data-centric, versatile practitioner in the compliance analytics space who is comfortable with both strategic thinking and on the ground execution.

What working at EY offers

We offer a competitive compensation package where you’ll be rewarded based on your performance and recognized for the value you bring to our business. We also offer you:

• Support, coaching and feedback from some of the most engaging colleagues around
• Opportunities to develop new skills and progress your career
• The freedom and flexibility to handle your role in a way that’s right for you

If you can confidently demonstrate that you meet the criteria above, please contact us as soon as possible.

Apply now.