Assoc/Snr Assoc, Transaction Surveillance Unit, Group Compliance

300005 Chief Executive's Office_00002555; Singapore; On-site; SGD 60,000 - 80,000; Full time

Job summary

A leading financial institution in Singapore seeks an Assoc/Snr Assoc for the Transaction Surveillance Unit. The role involves investigating potential money laundering risks, preparing Suspicious Transaction Reports, and liaising with various compliance units. Ideal candidates should have a background in Institutional Banking, a degree in a related field, and good analytical and communication skills. The role requires attention to detail and the ability to thrive in a fast-paced environment, with a competitive salary and dynamic benefits package.

Benefits

Competitive salary

Benefits package

Dynamic work environment

Qualifications

• Background in Institutional Banking experience.
• Relevant compliance, risk management or operations experience.
• Basic computer knowledge is essential.

Responsibilities

• Investigate alerts for potential money laundering risk.
• Prepare and file Suspicious Transaction Reports.
• Liaise with other compliance units regarding surveillance issues.

Skills

Analytical skills

Communication skills

Attention to detail

Education

Degree in any related field

Tools

Microsoft Word

Microsoft Excel

Job description

Job Description - Assoc/Snr Assoc, Transaction Surveillance Unit, Group Compliance (WD71712)

Job Description

Business Function

Group Legal, Compliance & Secretariat ensures that the bank's interests are protected by zealously guarding and enhancing its reputation and capital. We also work to maintain a good standing with all our regulators, customers, and business partners. Because we believe that at the heart of business banking is to uphold the values of trust and integrity for all our stakeholders.

Responsibilities

• Investigate and assess alerts/escalations for potential money laundering risk in the Bank
• Ensure efficient identification 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 money laundering and terrorist financing 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 (but not limited to) meeting of Team KPI/targets; and providing guidance/mentorship to team members

Requirements

• Background in Institutional Banking experience
• Degree in any related field
• Relevant compliance, risk management or operations experience
• Basic computer knowledge (Word, Excel) is essential
• Have an eye for details and with good analytical, communication and written skills
• Able to work in a fast‑paced environment, and resourceful

Apply Now

We offer a competitive salary and benefits package and the professional advantages of a dynamic environment that supports your development and recognises your achievements.