Senior Compliance Officer

St. James's Place Wealth Management; Singapore; On-site; SGD 60,000 - 85,000; Full time

Job summary

A leading financial services company seeks a Compliance Officer to oversee AML/CFT compliance and manage internal risk assessments. The role involves conducting compliance reviews, training staff, and liaising with regulators. Ideal candidates will have at least 3 years in the financial sector and strong analytical skills.

Qualifications

• At least 3 years' relevant experience in Financial Services.
• Knowledge of AML/CFT and financial crime regulations by MAS.
• Experience in auditing or compliance monitoring is an advantage.

Responsibilities

• Ensure AML/CFT framework is compliant with regulatory requirements.
• Conduct compliance reviews, name screening, and manage suspected fraud cases.
• Provide compliance training for new joiners and ongoing updates.

Skills

Attention to Detail

Analytical Skills

Problem-Solving Skills

Tools

Microsoft Excel

Microsoft Word

Microsoft PowerPoint

Job description

Key Responsibilities

• Ensure that the Company’s AML/CFT framework is aligned with the prevailing regulatory requirements and SJP Group.

• Assist the Head to revise the Company’s Enterprise-Wide Risk Assessment, Money Laundering Prevention Handbook and other relevant internal documents on a periodic basis.

• Provide timely and accurate compliance advisory support to Partnership and relevant departments, from an AML/CFT perspective, and support enhanced due diligence reviews from onboarding and ongoing perspective.

• Undertake ongoing periodic compliance reviews, name screening, transaction monitoring, and manage potential fraud cases and suspicious transactions if any. This includes escalation to the regulators where appropriate.

• Conduct AML/CFT and financial crime-related training for new joiners and issue internal updates to the Partnership and employees on an ongoing basis.

• Ensure the timely provision of appropriate management information to facilitate internal reporting and evaluation of the effectiveness of compliance controls and procedures.

• Liaise with auditors and/or authorities to fulfill inspection requirements when required and ensure corrective actions are implemented.

• Manage other AML/CFT and Compliance-related areas and ad-hoc projects as assigned.
  

Requirements

• At least 3 years' of relevant experience in the Financial Services Industry.

• A sound working knowledge of AML/CFT and financial crime-related regulatory requirements issued by MAS.

• General knowledge of the Securities and Futures Act, Financial Advisers Act, Personal Data Protection Act and the subsidiary legislation, as well as any other requirements.

• Prior experience in auditing or compliance monitoring/reviews in a financial institution will be an added advantage.

• Accuracy and attention to detail.

• Strong analytical and problem-solving skills.

• High level of proficiency in Microsoft suite (Excel, Word, PowerPoint etc.).