Compliance Analyst

Monex Group; Singapore; On-site; SGD 80,000 - 120,000; Full time

Job summary

Monex Group in Singapore seeks a Compliance Analyst to oversee financial crime/AML procedures, focusing on onboarding EDD clients and ongoing monitoring.

You will support the Head of Financial Crime and MLRO, ensuring regulatory alignment under MAS and sanctions regimes, with training and policy updates across the firm.

The role requires collaboration with front office, risk, and auditors, and offers exposure to global regulatory changes and a chance to influence the firm’s risk scoring framework.

Qualifications

• Bachelor’s degree or equivalent.
• Experience in financial services with regulatory compliance.
• Wide financial crime exposure to global AML/FC, especially high-risk/EDD clients.
• Regulatory compliance experience for regulated payments/capital markets licensees.

Responsibilities

• Oversee onboarding of high-risk clients and EDDmandated monitoring.
• Support Compliance Director, Head of Financial Crime and MLRO on AML matters; advise on EDD.
• Review and update AML policies to stay compliant with MAS and international guidelines.
• Liaise with front office to promote understanding of client risk and training.
• Maintain regulatory obligations registers and assist with regulatory reporting.

Skills

Financial Crime

AML

Regulatory Compliance

Due Diligence

Sanctions

PEP Monitoring

Education

Bachelor's degree

Job description

Compliance Analyst# Careers## Compliance AnalystApply: Singapore: Full time: Posted 2 Days Ago: JR100825**Compliance Analyst | Singapore** **Role Overview** The Compliance Analyst is responsible for the review of related financial crime/AML procedures across the business, paying particular attention to the on boarding of Enhanced Due Diligence (‘EDD’) clients and subsequent ongoing monitoring. The individual has a responsibility over the development and maintenance of the monitoring and on boarding policies, in particular with respect to high-risk clients and the applicable parts of the firm’s financial crime risk assessment, including sanctions, country risk assessments and the Group’s risk scoring matrix. The role involves supporting the Head of Financial Crime and compliance officers based in London and Money Laundering Reporting Officer (‘MLRO’) to ensure all areas of financial crime, including AML, sanctions and ongoing client monitoring and transactional monitoring are all adhered to. **Key Responsibilities & Accountabilities:** Financial Crime / AML: • Oversight of the financial crime framework within the business for the onboarding and maintenance of high risk clients• Support the Compliance Director, Head of Financial Crime and MLRO in all areas of Financial crime and AML related matters• To advise, with the help of outside specialists where necessary, on EDD situations. Up to and including those involving PEP’s and/or sanctions• Execute and manage all escalations from the Financial Crime team, monitoring and front office, where applicable;• Understand the financial crime risks within MonFX and keep abreast of all regulatory changes• Ensure financial crime prevention is communicated to the team, through regular training sessions and education• To liaise with front office staff where applicable, to encourage an understanding of client risk• Review AML policies and procedures to ensure they are up to date and meet regulatory requirements and current guidelines• Ensure the firm’s adherence with its financial crime and all AML regulations are adhered to• Investigate and provide advice on all positive alerts incl. sanctions, PEP matches and adverse media• Advise the AML team on high risk accounts and sign off Financial Crime Requirements• Broad understanding of Financial crime regulations in Singapore;• To provide relevant input into the firm’s financial crime risk assessment matrix;• Oversight of suspicious activity reports in absence of the MLRO;• The continuous review and improvement of Compliance Policies & Procedures, Advice and Training Documentation, to ensure they continue to be compliant with MAS regulatory changes and best practice;• Ensuring risk based procedures are in place for the review and escalation of due diligence/KYC documentation and information on all clients. Regulatory Compliance: • Maintain the Company’s regulatory obligations register for requirements under the Payment Services Act and Securities and Futures Act• Support in regulatory reporting• Act of second line of defence in monitoring regulatory compliance• Liaise with MAS on regulatory compliance matters• Liaise with auditors including internal auditors and/or inspectors on compliance matters• Advise on and assist in regulatory compliance queries. Compliance Culture: • Establish good working relationships with front office and all other departments so that Compliance is seen as an effective second line of defence providing a professional internal guidance and advisory service;• Establish good working relationship with the Financial crime team to ensure training and communication with other areas of the business is promoted;• To set the tone to achieve a high profile promotion of compliance requirements across the business. Compliance Monitoring: • Conduct monitoring of regulatory compliance and financial crime compliance;• To identify and investigate internal suspicious activity/transaction reports and report to the Compliance Director, Head of Financial Crime and MLRO.• Technology & Data:• Help to ensure accurate and up to date Compliance records are maintained;• Act as a contributor to the monthly Compliance reports, presented to the **Qualifications & Skills** • Bachelor’s degree or equivalent qualification• Previous experience of working within in a similar, regulated financial services industry;• Wide financial crime exposure to global AML and FC, specifically with high risk, EDD clients;• Experience in regulatory compliance for regulated payment services firm or capital markets services licensee;• Demonstrated experience in managing compliance issues across jurisdictions and multiple legal entities. *If you like wild growth and working with happy, enthusiastic over-achievers, you'll enjoy your career with us**!*At Monex, we do our very best every day to ensure that we take good care of our people, as our biggest asset is our highly driven and focused **Talent Culture**.We strive to continuously enable our people to develop their full potential by offering the necessary tools and support to empower our people to develop professionally and to take the next step in their career here at Monex.Teamwork is a paramount part of our Talent Culture as we achieve more when we collaborate and all work together. We take pride in our familial culture with colleagues who are willing to go the extra mile for one another.We foster a culture of Health and Wellness, encouraging our colleagues to pursue healthy habits and promoting healthy lifestyles.