Compliance Officer & Money Changer Sales Executive

Borr Drilling; Singapore; On-site; SGD 40,000 - 60,000; Full time

Job summary

A financial services company in Singapore is seeking a Compliance Officer & Money Changer Sales Executive to monitor compliance, handle foreign currency transactions, and ensure adherence to regulatory requirements. Candidates must have at least 3 years of experience in money changing and AML compliance, along with strong analytical and customer service skills. Flexibility for weekend and holiday shifts is required.

Qualifications

• At least 3 years of relevant experience in a money changing business.
• Proven track record in handling foreign currency exchange transactions.
• At least 1 year of AML, sanctions, or compliance experience in the banking or financial sector.

Responsibilities

• Conduct KYC, CDD, and sanction screenings in line with MAS guidelines.
• Monitor and assess suspicious transactions and activities.
• Investigate escalations relating to money mules or fraud indicators.
• Handle daily foreign exchange transactions and currency settlements.
• Ensure compliance with MAS rules and reporting requirements.

Skills

Proficient in basic math and exchange rate calculations

Attention to detail

Analytical skills

Customer service skills

Proficient in MS Excel and Word

Education

Diploma or Bachelor's degree in a related field

Job description

Roles & Responsibilities: Money Changing / Compliance Officer Roles

I. Minimum Qualifications

• At least 3 years of relevant experience in a money changing business.
• Proven track record in handling foreign currency exchange transactions.
• At least 1 year of AML, sanctions, or compliance experience in the banking or financial sector.
• Diploma or Bachelor's degree in a related field.
Compliance-related certifications (e.g., AML, KYC) are an advantage

II. Core Responsibilities

A. Compliance Monitoring

• Conduct KYC, CDD, and sanction screenings in line with MAS guidelines.
• Monitor and assess suspicious transactions and activities.
• Investigate escalations relating to money mules or fraud indicators.
• File Suspicious Transaction Reports (STRs) and liaise with authorities.
• Conduct gap assessments and compliance audits.
• Develop and implement internal compliance procedures.
• Provide advisory support to business units on regulatory matters.

B. Money Changing Operations

• Handle daily foreign exchange transactions and currency settlements.
• Set and update exchange rates.
• Perform end-of-day reconciliation and prepare transaction summaries.
• Ensure compliance with MAS rules and reporting requirements.
• Maintain high accuracy when handling large volumes of cash.

III. Skills & Abilities

• Proficient in basic math and exchange rate calculations.
• Excellent attention to detail and high accuracy in cash handling.
• Strong analytical, investigative, and reporting skills.
• Strong interpersonal and customer service skills.
• Proficient in MS Excel and Word; knowledge of SWIFT or AML systems is a plus.
• Able to work independently and meet deadlines in a high-pressure environment.

IV. Other Requirements

• Willing to work on weekends, public holidays, and rotational shifts.
• Reliable, trustworthy, and able to manage high cash volumes securely.
• Updated knowledge of AML trends, scams, and regulatory changes.
• Ability to liaise effectively across teams and jurisdictions.

V. Application Details

• Position Title: Compliance Officer & Money Changer Sales Executive
• Note: Only shortlisted candidates will be contacted.