Senior AML & Compliance Lead - Singapore

BANK OF INDIA; Singapore; On-site; SGD 120,000 - 180,000; Full time

Job summary

BANK OF INDIA Singapore Branch is seeking a Compliance In-charge to lead the compliance program, AML/CFT initiatives and risk assessments across the bank’s operations.

You will act as the Money Laundering Reporting Officer, oversee KYC/CDD, monitor high‑risk clients and transactions, and advise senior management on regulatory changes by MAS and RBI, aligning internal policies with local requirements. You will also design training, coordinate audits, and liaise with authorities as needed.

Responsibilities

• Lead and oversee the establishment of a strong compliance culture and framework.
• Act as Money Laundering Reporting Officer for the Singapore Branch.
• Lead and manage AML initiatives and projects with timely monitoring and resolution of escalated AML/CFT issues.
• Supervise and approve KYC profiles and CDD for all risk ratings with a focus on high risk clients (Existing Client base).
• Review customer onboarding and monitoring transactions per AML/Sanction/Tax Offence framework in BOIS policies and procedures.
• Advise Senior Management on AML issues with cross‑unit interaction and AML compliance counsel.
• Draft and implement appropriate policies and procedures.
• Conduct periodic in‑house training for employees on Compliance/AML/CFT matters.
• Monitor the Compliance Yearly Work‑Plan (Compliance Program) and related activities on an accounting basis to improve effectiveness.
• Administer and handle day‑to‑day AML advisory/sanctions cases/issues to Business units.
• Follow up and resolve outstanding AML/CFT issues promptly.
• Participate in ad‑hoc projects and assist in audit deliverables (Sustainability Tracker).
• Create awareness and promote compliance with MAS, RBI regulations and internal requirements of BOIS and local management.
• Review Enterprise wide Risk Assessment with business units and report results to Senior Management.
• Coordinate with internal/external auditors on AML/CFT compliance issues.
• Coordinate with authorities regarding production orders from CAD and inquiries from IRAS, CPIB and Singapore Customs.
• Daily approval of transactions by High Risk Customers and those involving High Risk Countries by lower/medium/high risk escalations.

Job description

BANK OF INDIA Singapore Branch is seeking a Compliance In-charge to lead the compliance program, AML/CFT initiatives and risk assessments across the bank’s operations.

You will act as the Money Laundering Reporting Officer, oversee KYC/CDD, monitor high‑risk clients and transactions, and advise senior management on regulatory changes by MAS and RBI, aligning internal policies with local requirements. You will also design training, coordinate audits, and liaise with authorities as needed.