Senior Analyst/AVP, Quality Assurance - Compliance Department

Sumitomo Mitsui Banking Corporation; Singapore; On-site; SGD 60,000 - 80,000; Full time

Job summary

A leading financial institution in Singapore is seeking an experienced professional to manage quality assurance programs focused on AML and compliance. Candidates should have degrees or diplomas and 3 to 5 years' experience in QA roles within financial institutions. Strong analytical skills and proficiency in Microsoft Excel are essential. The role includes understanding regulatory controls, executing QA programs, and working closely with compliance teams to implement recommendations.

Qualifications

• 3 to 5 years experience in QA or audit function in a bank or financial institution focusing on AML and compliance.
• Willing to remain in the field long term.
• Understanding of AML and corporate compliance requirements.

Responsibilities

• Understand AML, Compliance and regulatory controls in each department and the applicable regulations.
• Assist to create quality assurance programs in line with Compliance and AML action plans.
• Review and update QA programs periodically based on changes to laws and policies.
• Execute the QA program and report on the results with recommendations.
• Follow up on QA recommendations, collaborating with Compliance and AML teams.

Skills

Attention to detail

Analytical mindset

Microsoft Excel

Understanding of AML compliance

Education

Degree or Diploma

Professional certification such as CAMS or ICT

Job description

Job Responsibilities :

• Understand AML, Compliance and regulatory controls in each dept and requirements of applicable regulations and policies
• Assist to create quality assurance programs in line with Compliance and AML action plans and internal policies
• Review and update QA programs periodically and upon changes to laws and policies
• Execute the QA program and report on the results, making recommendations for improvements where applicable
• Follow up on QA recommendations, working closely with Compliance and AML teams and other depts
• Such other tasks as assigned by Team or Dept Head

Requirements :

• Degree or Diploma
• Professional certification such as CAMS or ICT
• 3 to 5 years experience in a QA or audit function in a bank or financial institution focusing on AML and compliance. Long term plans to remain in this field. Must have an eye for detail and an analytical mind and willing to be hands on.
• Functional or Technical Competencies (including in areas such as IT compliance or ESG compliance)
• Understanding of AML and corporate compliance requirements.
• Good skills and understanding of Microsoft Excel and dashboard creation

(candidates with lesser experience will be considered at Senior Analyst level)