Senior AML Policy & Regulatory Change Lead

Bank of China Limited Singapore Branch; Singapore; On-site; SGD 120,000 - 180,000; Full time

Job summary

Bank of China Limited Singapore Branch is seeking an experienced Financial Crime Compliance leader to head AML Policy and oversee enterprise-wide risk assessments, policy development, and transaction monitoring governance.

You will work with business, operations, technology and control functions, provide updates to senior management and governance committees, and ensure MAS compliance, FATF principles, and sanction regimes.

Qualifications

• Degree in Law, Finance, Business, Accounting or related discipline.
• At least 10 years of experience in AML/CFT, Financial Crime Compliance or Regulatory Compliance within the banking industry.
• At least three years of experience leading teams or major regulatory projects.
• Strong track record in implementing MAS AML/CFT requirements and regulatory change initiatives.
• Experience leading Enterprise-Wide Risk Assessments and developing Customer Risk Assessment methodologies.
• Experience reviewing new products from an AML/CFT/PF perspective and supporting AML systems enhancement initiatives.
• ACAMS, ICA or an equivalent professional certification would be an advantage.

Responsibilities

• Lead the implementation of MAS Notices, Guidelines, Circulars and internal policies relating to AML/CFT/PF and sanctions.
• Monitor regulatory developments, perform gap analyses, and update governance bodies.
• Develop implementation plans, coordinate cross-functional delivery, and report progress to Senior Management.
• Provide risk-based AML/CFT/PF guidance to Business Units and Support Functions.
• Advise on customer due diligence, enhanced due diligence, and higher-risk ownership structures.
• Support regulatory inspections, audits, and Head Office reviews.
• Oversee AML systems governance, including transaction monitoring and name screening.

Skills

AML/CFT

Regulatory change management

Leadership

Risk assessment

Policy development

Education

Degree in Law, Finance, Business, Accounting or related discipline

Tools

Name screening systems

Transaction Monitoring systems

Job description

Bank of China Limited Singapore Branch is seeking an experienced Financial Crime Compliance leader to head AML Policy and oversee enterprise-wide risk assessments, policy development, and transaction monitoring governance.

You will work with business, operations, technology and control functions, provide updates to senior management and governance committees, and ensure MAS compliance, FATF principles, and sanction regimes.