FCC Controls Analyst

Trust Bank; Singapore; On-site; SGD 50,000 - 80,000; Full time

Job summary

A digital-first banking institution in Singapore is seeking a Financial Crime Compliance Controls Analyst. This role involves managing risks related to financial crimes and supporting the implementation of compliance frameworks tailored to digital banking. Ideal candidates are experienced in financial crime regulations and skilled in stakeholder management and problem-solving under pressure. This position offers a collaborative environment where impactful contributions shape compliance efforts and customer assurance.

Qualifications

• 1 year of financial sector experience in FCC second/third line of defense roles.
• Proficient in FCC regulations, policies, standards and controls.
• Able to collaborate and communicate effectively.

Responsibilities

• Perform second line of defense for managing AML/CFT risks.
• Investigate alerts and report suspicious transactions.
• Support oversight of FCC frameworks for digital-led banking.

Skills

Financial crime regulations

Stakeholder management

Problem-solving under pressure

Case investigation report writing

Education

CAMS or relevant ICA certification

Job description

Trust is the first of a new breed of banks in Singapore – digitally native and focused on delivering a delightful customer experience. You will work in a fast-paced and collaborative environment to solve new and interesting challenges each day. Together with our Trust team, you will help shape the future of our bank.

As a Financial Crime Compliance Controls Analyst you’d be able to work on and solve many interesting challenges which we are facing, learn new ways of working, and help build delightful high quality products for our customers.

Job Description

You will be responsible for supporting the Financial Crime Compliance Controls Lead, in managing Financial Crime Compliance (FCC) risks, aligning to the Enterprise Risk Management Framework. You will be responsible for the implementation of FCC frameworks, systems, controls, policies and procedures for digital-led banking in Singapore.

The Role Responsibility:

• Perform second line of defence role for managing risks relating to Anti-Money Laundering (AML)/ Countering Financing of Terrorism/ Sanctions/ Anti-Bribery and Corruption, investigate alerts, report suspicious transactions and elevate issues, as appropriate


• Identify risks and typologies arising from digital-led banking products/ customer segments/ geographies/ transactions.


• Understand technical aspects of systems and controls relevant to Customer Due Diligence, Client Risk Assessment, Name and Transaction Screening, Transaction Monitoring/ AML Surveillance, and support selection, calibration and tuning of rules and scenarios.


• Support the team’s oversight of design and end-to-end implementation of appropriate FCC frameworks, systems, controls, policies and procedures for digital-led banking in Singapore, effective management of issues and risks in collaboration with relevant stakeholders, and compliance with applicable regulations, policies and procedures.


• Support effective regulatory relationship management.

Role Specific Technical Competencies:

• Well-versed in financial crime regulations


• Case investigation report writing skills

Our Ideal Candidate:

• 1 year of financial sector experience and FCC second/ third line of defense roles.


• Proficient in FCC regulations, policies, standards and controls.


• Able to solve problems under pressure, innovate and achieve results sustainably.


• Possess strong stakeholder management skills; able to collaborate and communicate effectively.

Good to have (Optional):

• CAMS or relevant ICA certification.

Equal Opportunity Employer

Trust is an equal opportunity employer. We prohibit discrimination and harassment of any kind. We are committed to the principle of equal employment opportunity for all employees and to providing employees with a work environment free of discrimination and harassment. All employment decisions at Trust are based on business needs, job requirements and individual qualifications, without regard to age, gender, physical ability, race, religion or belief, family or parental status, sexuality, or any other status protected by laws or regulations. We will not tolerate discrimination or harassment based on any of these characteristics. We encourage applicants of all ages.