Associate/Assistant Director, AML Risk Surveillance (Data Analytics)

Monetary Authority of Singapore; Singapore; On-site; SGD 70,000 - 90,000; Full time

Job summary

Join the Monetary Authority of Singapore as a key player in AML/CFT risk surveillance. You will leverage data analytics to identify and mitigate financial risks while collaborating with financial institutions and government agencies. This role demands strong analytical and communication skills, and offers the opportunity to impact Singapore's financial landscape significantly.

Qualifications

• 3 to 5 years experience in banking or financial services, preferably in AML/CFT roles.
• Experience in data analytics and organization-wide ML/TF risk assessment is an advantage.

Responsibilities

• Lead MAS’ AML/CFT risk surveillance effort.
• Conduct surveillance using AML/CFT data analytics tools.
• Work with financial institutions on ML/TF risk projects.

Skills

Analytical Skills

Communication

Interpersonal Skills

Job description

What the role is:

[What the role is]
The Monetary Authority of Singapore (MAS) is Singapore’s central bank and integrated financial regulator.

As central bank, MAS promotes sustained, non-inflationary economic growth through the conduct of monetary policy and close macroeconomic surveillance and analysis. It manages Singapore’s exchange rate, official foreign reserves, and liquidity in the banking sector.

As an integrated financial supervisor, MAS fosters a sound financial services sector through its prudential oversight of all financial institutions in Singapore – banks, insurers, capital market intermediaries, financial advisors, and stock exchanges. It is also responsible for well-functioning financial markets, sound conduct, and investor education.

MAS also works with the financial industry to promote Singapore as a dynamic international financial centre. It facilitates the development of infrastructure, adoption of technology, and upgrading of skills in the financial industry.

Join us now, if you have a genuine interest in making an impact to help shape Singapore’s economic and financial landscape.

What you will be working on:

[What you will be working on]

• Play a leading role in MAS’ AML/CFT risk surveillance effort

• Conduct surveillance and investigation using AML/CFT data analytics tools

• Identify and develop appropriate measures and plans to address emerging and major ML/TF risks

• Actively participate in the development and integration of data analytics platforms and tools

• Work with financial institutions and other government agencies on projects to strengthen the detection and mitigation of ML/TF risks

• Other ad-hoc assignments as and when required.

What we are looking for:

• Relevant experience of 3 to 5 years in banking or financial services industry, preferably in AML/CFT roles

• Experience in data analytics and organisation-wide ML/TF risk assessment, policy and/or strategy will be an added advantage

• Strong analytical skills and ability to work in a team

• Proactive and self-motivated with good communication and interpersonal skills

• You will be working in a fast-paced environment that would require the ability to manage multiple priorities, as well as the agility to respond to changes and developments.

As part of the shortlisting process for this role, you may be required to complete a medical declaration and/or undergo further assessment.

All applicants will be notified on whether they are shortlisted or not within 4 weeks of the closing date of this job posting.

About Monetary Authority of Singapore

MAS is the central bank of Singapore. Our mission is to promote sustained non-inflationary economic growth, and a sound and progressive financial centre.