Financial Crime Compliance Manager

NETS; Singapore; On-site; SGD 70,000 - 90,000; Full time

Job summary

A financial services company in Singapore is looking for a Compliance Officer specializing in Anti-Money Laundering. The candidate will develop and implement comprehensive AML and Anti-Fraud programs, conduct investigations into suspicious activities, and collaborate with internal stakeholders to manage financial risks. Responsibilities also include compliance reporting to Senior Management and engaging in compliance projects. A deep understanding of regulatory standards and collaborative skills are essential for success in this role.

Qualifications

• Experience in developing and implementing AML/CFT programs.
• Ability to conduct investigations into suspicious activities.
• Strong analytical skills for monitoring risks.

Responsibilities

• Develop and implement AML/CFT and Anti-Fraud programs.
• Work with stakeholders to manage fraud risks.
• Conduct investigations and provide related advisories.

Job description

Responsibilities

• Responsible to develop and implement an enterprise-wide Anti-Money Laundering and Terrorism Financing (“AML/CFT”), Sanctions and Anti-Fraud Surveillance programs;

• Work collaboratively with the internal stakeholders to identify and manage money laundering, terrorism financing, sanction and fraud risks;

• Provide advisory to Business Units and Operations for customer due diligence and new product assessment from ML/TF, Sanctions and Fraud risk perspectives;

• Review and assess the alerts generated by the name screening and transaction monitoring systems, as well as to contribute to the ongoing fine‑tuning of thresholds and parameters within the monitoring systems;

• Perform ongoing trend analysis and monitoring on higher risk customers;

• Conduct investigation into suspicious activities/trend and incidents of fraud as well as to lodging STR with the local authority;

• Provide relevant advisories to business/support units on matters arising from ML/TF and fraud related reviewsmour and investigations conducted;

• Liaise with government/law ஒன்ற enforcement agencies on scam & fraud related intelligence or information sharing;

• Ensure proper documentation and record keeping of reviews and investigation cases in accordance to Group standards;

• Provide inputs and support to strengthen the AML/CFT and fraud transaction monitoring and procedures;

• Manage monthly compliance reporting to Senior Management and Board; and

• Drive adhoc compliance projects assigned, including engagement of business stakeholders for successful implementation.