Associate Director, Financial Crime Transformation

KPMG SERVICES PTE. LTD.; Singapore; On-site; SGD 100,000 - 130,000; Full time

Job summary

A leading financial consulting firm in Singapore is seeking an experienced AML Compliance Leader to design and implement a Target Operating Model in line with regulatory requirements. The ideal candidate will have over 8 years of experience in AML and compliance, strong leadership skills, and deep knowledge of risk management frameworks. This role involves collaborating with senior stakeholders and improving operational efficiency within the organization.

Qualifications

• Minimum 8 years of experience in AML, compliance, or risk management.
• At least 4 years in a leadership role.
• Experienced in running target operating model programmes for financial crime compliance.

Responsibilities

• Design and implement AML/CFT Target Operating Model.
• Identify, assess, and mitigate AML/CFT risks.
• Ensure compliance with laws and regulations.
• Streamline AML/CFT processes for efficiency.
• Lead discussions with senior stakeholders.
• Manage change for successful implementation.
• Develop and track key performance indicators.
• Deliver training programs for employees.

Skills

AML regulations

Risk management

Leadership

Strategic thinking

Problem-solving

Communication

Education

Bachelor's degree in law, finance, or business

Tools

AML/CFT Target Operating Model

Job description

KPMG’s Forensic practice consists of experienced professionals with a wealth of experience in investigations, forensic technology and disputes. KPMG has provided investigation services for some of the world’s biggest companies and some of the most important matters of public interest in Singapore.

KPMG’s Forensic team comprises professionals with extensive experience in Forensic Services that include Investigations, Financial Crime Compliance and FATCA CRS Compliance. Our diverse team of professionals help our clients prevent, detect and respond to risks through use of well-defined methodologies, innovative solutions and understanding of regulatory landscape.

We are seeking an experienced and accomplished professional to: (i) support the lead partner in the development and execution of business initiatives and go-to-market strategy for financial crime transformation; and (ii) lead the development and implementation of target operating model programmes for financial crime compliance. The ideal candidate will possess extensive knowledge of AML/CFT regulations, risk management frameworks, and a good understanding of client-focused solutions and technologies.

The role involves providing consulting services to our clients on the following:

• Design and implement AML/CFT Target Operating Model: Develop and implement a comprehensive AML/CFT Target Operating Model that aligns with regulatory requirements, industry best practices, and business needs.

• Risk management: Identify, assess, and mitigate AML/CFT risks across the organisation, ensuring that the Target Operating Model is risk-focused and effective.

• Regulatory compliance: Ensure that the AML/CFT Target Operating Model is compliant with relevant laws, regulations, and industry standards, including those related to customer due diligence, suspicious activity reporting, and sanctions.

• Operational efficiency: Streamline AML/CFT processes and procedures to improve efficiency, reduce costs, and enhance the client experience.

• Stakeholder management: Collaborate and independently lead discussions with senior stakeholders across the organisation, including business leaders, risk managers, and compliance professionals, to ensure that the AML/CFT Target Operating Model is aligned with business objectives and risk appetite.

• Change management: Lead change management efforts to ensure that the AML Target Operating Model is successfully implemented and embedded across the organisation.

• Metrics and monitoring: Develop and track key performance indicators (KPIs) to measure the effectiveness of the AML Target Operating Model and identify areas for improvement.

• Training and development: Develop and deliver training programs to ensure that employees understand their roles and responsibilities in relation to the AML Target Operating Model.

The candidate should possess:

• Minimum 8 years of experience in AML, compliance, or risk management, with at least 4 years in a leadership role. Experienced in running target operating model programmes for financial crime compliance.

• Deep understanding of AML regulations, end-to-end AML/CFT risk management (customer due diligence, transaction monitoring, name screening and/or transaction filtering), and operational excellence.

• Strong leadership, strategic thinking, problem-solving, and communication skills. Outgoing personality with the ability to lead proposal pursuits and build relationship network in the banking sector.

Bachelor's degree in a relevant field, such as law, finance, or business. Relevant professional certifications, such as CAMS or CFE