Compliance and Operations Executive (Reputable Financial Institution)

RecruitFirst Pte. Ltd; Singapore; On-site; SGD 30,000 - 60,000; Full time

Job summary

An established industry player is seeking an Ops Support professional for a 12-month contract. This role involves ensuring compliance with sales processes, conducting client onboarding, and performing background checks. The ideal candidate will have a diploma or degree in business administration, strong communication skills, and a keen understanding of financial crime matters. Join a dynamic team where you can contribute to policy improvements and support daily operations while thriving in a fast-paced environment. If you are self-motivated and eager to excel under pressure, this opportunity is perfect for you.

Qualifications

• A Diploma or Degree in business administration/management is required.
• Knowledge in Financial Crime matters (AML / ABC) is preferred.

Responsibilities

• Review sales processes for compliance with internal guidelines and regulations.
• Coordinate between business units and Compliance for AML matters.

Skills

Communication Skills

Problem-Solving Skills

Teamwork

Self-Motivation

Financial Crime Knowledge (AML / ABC)

Education

Diploma or Degree in Business Administration/Management

Professional Life Insurance Qualification

Tools

AS400 System

Lean Six Sigma Certification

Job description

Ops Support (12 months contract)

Mon-Thurs: 8.30am-5.15pm; Fri: 8.30am-5.30pm

Job Descriptions:

• To review and ensure the sales process for 3rd party products are conducted according to internal guidelines and MAS regulations.

• Client onboarding (Client Risk Scoring, and Name Screening) and to document the rationale/investigation findings.

• Complete background checks and prepare case file (including corroboration against internal thresholds) for review by 2nd line as required.

• Corroborate Source of Funds ("SOF") and Source of Wealth ("SOW") for High-Risk Customers ("HRC") for recommendation and approval.

• Coordinate between business units and Compliance department for AML matters.

• Assist in identifying policy gaps, business issues, documentation gaps and formulate/improve policies, procedures, and practices.

• To review, maintain and update SOP’s across PFA Operations in a timely manner.

• To support PFA Operations and IT on daily BAU matters, besides the above as requested by the HOD.

• Participate and/or lead new initiatives and projects as planned by the PFA Operations and IT department.

Requirements:

• A Diploma or Degree in business administration/management and/or professional life insurance qualification

• Team player and strong communication skills

• Self-motivated and able to work independently and meet tight timelines

• Knowledge in Financial Crime matters (AML / ABC) is preferred.

• Customer focused with excellent problem-solving skills, the ability to work with a positive attitude & excel under pressure.

• Experience in being involved in UAT or participation in projects

• Prior knowledge in General Insurance / Unit trust operations is an added advantage.

• Knowledge in AS400 system is also an added advantage

• Certification in Lean Six Sigma is an added advantage

• AML certifications is a plus point (eg. ACAMS, ICA)

• Singaporeans only

Wang Chloe | R23118712
RecruitFirst Pte Ltd (13C6342)