Compliance Specialist (AML/CFT )

AMBITION GROUP SINGAPORE PTE. LTD.; Singapore; On-site; SGD 60,000 - 80,000; Full time

Job summary

A leading financial institution in Singapore is looking for an AML/CFT Compliance & Risk Analyst to ensure robust compliance with regulations and internal policies. The role encompasses due diligence, transaction monitoring, and risk assessment while acting as a liaison for audits. Candidates should have a degree in relevant fields and at least 3 years of experience in AML compliance and risk management.

Qualifications

• Minimum 3 years of experience in AML compliance, risk management, or regulatory compliance, preferably in a MAS-regulated financial institution.
• Hands-on experience with CDD/EDD, STR reporting, transaction monitoring, and MAS regulations.
• Knowledge of risk assessment frameworks (e.g., ISO 31000, COSO) and auditing standards.

Responsibilities

• Implement and maintain AML/CFT policies, procedures, and controls in line with MAS regulations.
• Conduct Customer Due Diligence (CDD), Enhanced Due Diligence (EDD), and ongoing monitoring.
• Investigate suspicious transactions and submit STRs to the Head of Risk & Compliance.
• Support internal audits, regulatory inspections, and compliance reporting.

Skills

AML/CFT Compliance

Transaction Monitoring

Risk Assessment

Due Diligence

Education

Diploma or Bachelor’s degree in Law, Business, Finance, Risk Management, or related field

Job description

We are partnering with a leading financial institution to hire an AML/CFT Compliance & Risk Analyst. This is a key role responsible for ensuring strong regulatory compliance, robust risk management, and adherence to MAS regulations and internal policies. The role involves due diligence, transaction monitoring, risk assessment, and acting as a key liaison for audits and regulatory matters.

Key Responsibilities

• AML/CFT Compliance
• Implement and maintain AML/CFT policies, procedures, and controls in line with MAS regulations (e.g., PSN01) and industry best practices.
• Conduct Customer Due Diligence (CDD), Enhanced Due Diligence (EDD), and ongoing transaction monitoring.
• Investigate suspicious transactions and submit STRs to the Head of Risk & Compliance.
• Support AML screening tools and risk-based AML methodologies.
• Assist the MLRO with regulatory filings, audits, and stakeholder communications.
• Act as liaison with regulators (MAS), auditors, and internal teams on AML/CFT queries and inspections.

Risk Management

• Support enterprise-wide risk assessments and maintain the company’s risk register.
• Track, elevate, and remediate risk incidents with timely reporting.
• Assist with Risk & Compliance projects and day-to-day operations, including updating policies and procedures.
• Conduct routine checks and monitoring of risk systems and responses.

Regulatory Compliance

• Monitor MAS and other regulatory developments.
• Assist in analyzing regulatory changes and implementing updates.
• Support internal audits, regulatory inspections, and compliance reporting (e.g., MAS returns, license renewals).
• Assist with regulatory filings, including license applications and ad-hoc submissions.

Training & Awareness

• Support training programs for staff on AML/CFT, risk awareness, and regulatory obligations.

Requirements

• Diploma or Bachelor’s degree in Law, Business, Finance, Risk Management, or related field.
• Minimum 3 years of experience in AML compliance, risk management, or regulatory compliance, preferably in a MAS-regulated financial institution.
• Hands‑on experience with CDD/EDD, STR reporting, transaction monitoring, and MAS regulations.
• Knowledge of risk assessment frameworks (e.g., ISO 31000, COSO) and auditing standards.