Compliance Analyst - AML

PERSOL Outsourcing; Singapore; On-site; SGD 50,000 - 80,000; Full time

Job summary

PERSOL Outsourcing is seeking an AML/CFT compliance professional to implement and enhance policy, standards, and controls. The role involves risk assessments, advisory support, and internal control testing across Singapore and group entities.

You will analyze regulatory requirements, coordinate change management, and escalate issues while contributing to risk culture and governance across the organization.

Qualifications

• Degree in Finance/Commerce/Economics/Banking/Law/Engineering from a recognized university.
• 1–3 years AML/CFT, compliance, internal audit or risk management experience in financial services.
• Broad knowledge of financial services products and operations; familiar with AML/CFT regulatory requirements and international standards.
• AML specialist certification with a recognized institution/association is advantageous.

Responsibilities

• Implement and enhance AML/CFT policy, standards and controls.
• Execute change impact assessment and develop a Change Management plan including communications and training.
• Drive end-to-end developments, processes and controls for Singapore and Group entities.
• Provide compliance advisory support to business units and compliance officers.
• Conduct risk assessments under the AML/CFT program (e.g., ERM, CRSA, regulatory benchmarks).
• Perform compliance testing/monitoring to determine quality of compliance.
• Determine root causes of issues/findings from audits and ensure timely resolution.
• Prepare risk management reports for stakeholders.
• Ensure timely action on suspected ML/TF activities and mitigate risks.
• Maintain awareness of regulatory trends and best practices.

Skills

AML knowledge

Risk assessment

Stakeholder comms

Regulatory compliance

Education

Degree in Finance/Commerce/Economics/Banking/Law/Engineering

Job description

JOB DESCRIPTION :-

• Implement and enhance Group AML/CFT Policy, Standards and operating procedures & controls;
• Execute change impact assessment, develop a Change Management plan, including communication and training plans to ensure the message reaches all impacted users to improve knowledge and risk culture;
• Drive, manage and coordinate end to end developments, process and controls and oversee its implementation for Singapore and the Group entities;
• Provide compliance advisory support to business units and compliance officers across the Group;
• Conduct risk assessment exercises required under the Group AML/CFT program (such as Enterprise-Wide Risk Assessment, Compliance Risk Self-Assessment, benchmark of regulations etc.);
• Perform compliance testing/monitoring on Group entities to determine standard & quality of compliance;
• Determine root cause of issues/findings from audits/inspections and ensure timely resolution;
• Prepare risk management reports for submission to various stakeholders;
• Ensure timely and appropriate action on matters where ML/TF activities suspected;
• Take accountability in considering business and regulatory compliance risks and takes appropriate steps to mitigate the risks;
• Maintain awareness of industry trends on regulatory compliance, emerging threats and appropriate steps to mitigate the risks; and
• Highlight any potential concerns/risks and proactively shares best risk management practices.

JOB REQUIREMENTS :-

• Degree in Finance/ Commerce/ Economics/ Banking/ Law/ Engineering from a recognized university or tertiary institution;
• At least 1-3 years relevant working experience in the area of AML/CFT, compliance, internal audit or risk management in financial services industries;
• Broad knowledge of business, products and operations of the financial services industries (either banks, insurance and capital market firms), familiar with AML/CFT regulatory requirements and international standards;
• AML specialist certification with a recognized institution/association will be an advantage;
• Good interpersonal & communication skills, able to handle difficult situations, adaptable to fast-pace environment and able to work under pressure to meet tight deadlines;
• Good analytical, conceptual and problem solving skills;
• Resourceful, proactive and able to work independently as well as in a team;
• High level of integrity, takes accountability of work and good attitude over teamwork; and
• Takes initiative to improve current state of things and adaptable to embrace new changes.