Compliance Analyst (AML/KYC Focus)

ORIENT FUTURES INTERNATIONAL (SINGAPORE) PTE. LTD.; Singapore; On-site; SGD 70,000 - 90,000; Full time

Job summary

A financial services firm in Singapore is seeking a Senior Compliance Analyst with a strong emphasis on AML and KYC requirements. The role involves drafting policies, overseeing client onboarding, conducting compliance reviews, and liaising with regulators like MAS. Ideal candidates should have at least 5 years of compliance experience, excellent analytical skills, and a solid understanding of regulatory frameworks. This position offers a dynamic environment to contribute to the compliance framework.

Qualifications

• Minimum 5 years of experience in compliance, focusing on AML/KYC.
• Good understanding of MAS regulations and FATF guidelines.
• Ability to manage multiple priorities effectively.

Responsibilities

• Draft, review, and update AML policies to ensure compliance.
• Collaborate with onboarding team for high-risk client reviews.
• Monitor and review client onboarding processes for compliance.
• Conduct compliance reviews to ensure regulatory adherence.
• Assist in regulatory reporting to MAS and other regulators.

Skills

Analytical skills

Problem-solving

Communication skills

Attention to detail

Regulatory compliance knowledge

Tools

Compliance monitoring tools

Job description

Position Overview

We are seeking a detail-oriented and proactive Senior Compliance Analyst with a strong focus on Anti-Money Laundering (AML) and Know Your Customer (KYC) requirements. The role will involve developing and maintaining AML policies, supporting high-risk client reviews, and ensuring robust onboarding procedures, while also contributing to the broader compliance framework in line with Monetary Authority of Singapore (MAS) regulations.

Key Responsibilities

• Policy Development & Updates: Draft, review, and update AML policies and procedures to ensure compliance with MAS regulations and alignment with business needs.
• High-Risk Client Reviews: Collaborate with the Client Onboarding team to review and approve high-risk clients, ensuring enhanced due diligence (EDD) is properly conducted.
• Onboarding Procedure Oversight: Monitor and review client onboarding processes on an ongoing basis to ensure adherence to regulatory requirements and internal standards
• Support the implementation and maintenance of compliance policies, procedures, and controls.
• Conduct compliance reviews and monitoring activities to ensure adherence to internal and external requirements.
• Assist in regulatory reporting and liaise with MAS and other regulators as needed.
• Provide compliance advice to business units on applicable laws and regulations.
• Participate in compliance training and awareness programs for staff.
• Maintain accurate compliance records and documentation.

Requirements

• Minimum 5 years of experience in compliance, with a focus on AML/KYC.
• Good understanding of MAS regulations, FATF guidelines, and local AML laws.
• Familiarity with compliance monitoring tools and systems.
• Excellent analytical, problem-solving, and communication skills.
• High attention to detail and ability to manage multiple priorities.
• Ability to work independently and collaboratively in a fast-paced environment.