Senior Analyst, Transaction Monitoring

AIRWALLEX (SINGAPORE) PTE. LTD.; Singapore; On-site; SGD 70,000 - 90,000; Full time

Job summary

A financial services company in Singapore seeks an experienced AML professional with at least 5 years in compliance. You will manage transaction monitoring, analyze suspicious activity, and participate in AML initiatives. Ideal candidates should have strong analytical skills, detail orientation, and the ability to communicate effectively in both Mandarin and English. Proficiency with MS Office is essential for success in this role.

Qualifications

• Minimum of 5 years of relevant AML and Sanctions experience.
• Familiarity with common money laundering schemes and compliance.
• Demonstrated ability to analyse data and resolve issues effectively.

Responsibilities

• Conduct daily transaction monitoring tasks and escalate issues.
• Manage inquiries on suspicious transactions from partners.
• Participate in AML related projects to improve operation efficiency.

Skills

Analytical skills

Detail-oriented

Team player

Time management

Communication in Mandarin

Communication in English

Tools

MS Outlook

MS Excel

MS Word

MS PowerPoint

Job description

Responsibilities

• Conduct daily transaction monitoring tasks to timely clear and escalation of the transactions in case management system per predefined TM procedure.
• Managing inquiries on suspicious transactions from banking partners or law enforcement.
• Conduct comprehensive analysis over suspicious clients where applicable and file STR to the regulatory agencies.
• Participate in various AML related projects and initiatives to help drive the operation excellence and overall efficiency.
• Proactively stay up-to-date with AML related news and regulatory developments, improve the knowledge base of AML and Sanctions within the team and assist with the development of in-house expertise.
• Complete other work related to transaction monitoring operation or assigned by FinCrime Operation Manager.

Key Requirements

• A minimum of 5 years of relevant AML and Sanctions experience in a public accounting and/or litigation/disputes consulting firm, financial services industry or regulatory environment.
• Familiarity with common money laundering schemes, sanctions compliance, general or risk-based compliance, risk management, other financial crime compliance.
• Meticulous with good analytical skills, detail-orientated, team player, proficient in time management and able to represent Compliance in Group projects.
• Demonstrate ability to effectively review and analyse data/situation and apply judgement to resolve issues in a timely manner.
• Having substantial hands on experience on the following areas is a plus:
• International, regional and local regulatory knowledge/experience, AML and OFAC risk assessment of Process improvement initiatives (KYC, CDD, etc.).
• Policy & procedure development (Black/white list maintenance; STR writing/review, etc.).
• Alert clearing and investigations.
• Common AML Typology Analysis.
• Vendor solutions in KYC.
• Transaction Monitoring, Case Management or Sanction Compliance.
• Internet Financing or payment company risk and Compliance.
• Investment banking.
• Excellent verbal and written communication in both Mandarin and English.
• Proficient in use of MS outlook, Excel, Word, PowerPoint.