Compliance Officer (Up to 6.5K I Bank)

ADECCO PERSONNEL PTE LTD; Singapore; On-site; SGD 60,000 - 90,000; Full time

Job summary

A leading bank in Singapore seeks a Compliance Officer to enhance their compliance team. The role involves investigating money mule activities and monitoring suspicious transactions, ensuring timely reporting of any findings. The ideal candidate has a background in investigations or transaction monitoring, strong analytical skills, and is adaptable to a fast-paced environment. Interested candidates are encouraged to send their resume for consideration.

Qualifications

• Background in investigations, transaction monitoring, or Institutional Banking experience.
• Experience in compliance, risk management, or operations/investigations.
• Knowledge and experience in SWIFT and data integration in Anti-Money Laundering surveillance.

Responsibilities

• Investigate and assess alerts for potential money laundering risks.
• Prepare and file Suspicious Transaction Reports (STRs).
• Maintain understanding of scams and money laundering issues.

Skills

Analytical skills

Communication skills

Attention to detail

Resourcefulness

Job description

The Opportunity

• This is an exciting opportunity to work for one of the leading banks.
• It is an opportunity for a Compliance Officer to join their team

The Job

• Investigate and assess alerts/escalations for potential money mule and money laundering risk in the Bank
• Ensure efficient identification money mules and monitoring of suspicious activities and transactions, and timely escalation to respective parties where appropriate
• Preparing, reviewing, and/or filing Suspicious Transaction Reports (STRs) and ensure timely reporting of suspicious transactions to the authorities
• Assist with money laundering related queries or escalation received from business units, compliance units and/or other relevant stakeholders
• Liaise with other compliance units and businesses regarding surveillance issues
• Participate and assist in transaction surveillance projects
• Undertake other ad-hoc duties as and when required, e.g., provide statistics and ensure accuracy of data, extract of documents for audit review
• Maintain a current understanding of scams and money laundering issues, including policies, procedures, regulations, industry best practices, criminal typologies and developing trends
• Support Team Leaders/Managers to ensure success and positive outcomes for the team, including (but not limited to) meeting of Team KPI/targets; and providing guidance/mentorship to team members

The Talent

• Background in investigations, transaction monitoring or Institutional Banking experience
• Relevant compliance, risk management or operations/investigations experience
• Relevant compliance or transaction surveillance experience in money service business, virtual account payments and/or correspondent banking
• Basic computer knowledge (Word, Excel) is essential
• Have an eye for details and with good analytical, communication and written skills
• Able to work in a fast-paced environment, and resourceful
• Experience in liaising with key stakeholders in multi-jurisdictional projects
• Possesses knowledge and experience in SWIFT and data integration in Anti-Money Laundering surveillance programs

Next Steps

• Drop your resume and contact us to follow-up, or send your resume to [e-mail]
• Email Topic: Compliance Officer
• Only shortlisted candidates will be contacted

Wu Yue Shan
EA License No: 91C2918
Personnel Registration Number: R25138923