Senior Executive/Assistant Director (Policy & Industry Development), ACD

Ministry of Law; Singapore; On-site; SGD 50,000 - 70,000; Full time

Job summary

A government agency in Singapore is seeking a candidate for the Anti-Money Laundering / Countering the Financing of Terrorism Division. The role involves supervising compliance with regulations, conducting policy reviews, and engaging with various stakeholders. Ideal candidates should possess analytical skills, a proactive attitude, and experience in AML/CFT/CPF or legal fields. This is a contract position with potential for renewal.

Qualifications

• Positive attitude with a willingness to learn and grow.
• Interest and experience in AML/CFT/CPF work.
• Ability to work independently and in teams to meet deadlines.

Responsibilities

• Supervise compliance of sectors with AML/CFT/CPF regulations.
• Conduct policy reviews and develop AML/CFT/CPF legislation.
• Engage with stakeholders and organize outreach events.

Skills

Analytical skills

Communication skills

Stakeholder engagement

Education

Legal qualifications

Job description

Role Overview:

The Anti-Money Laundering / Countering the Financing of Terrorism Division (ACD) is responsible for implementing the AML/CFT/CPF regulatory regime for sectors regulated by the Ministry of Law (MinLaw), including precious stones and metals dealers, law practice entities, pawnbrokers, and moneylenders.

Key Responsibilities:

• Supervise compliance of PSMDs, law practice entities, pawnbrokers, and moneylenders with AML/CFT/CPF regulations.
• Prepare for Singapore's mutual evaluation by the FATF.
• Conduct policy reviews and develop AML/CFT/CPF legislation and guidance aligned with international standards.
• Coordinate FATF ME preparations, reporting, and engagement activities.
• Engage with internal and external stakeholders, including the Law Society of Singapore and other regulatory bodies.
• Perform surveillance, data analysis, and research on the four sectors.
• Organize events and develop materials to enhance AML/CFT/CPF capabilities and awareness.
• Manage cybersecurity and data protection for the PSMD sector.

Candidate Profile:

• Positive attitude with a willingness to learn and grow.
• Interest in AML/CFT/CPF and strong analytical skills.
• Proactive, responsible, and adaptable to changing requirements.
• Good interpersonal and communication skills for stakeholder engagement.
• Ability to work independently and in teams to meet deadlines.
• Experience in policy review, AML/CFT/CPF work, or legal qualifications is advantageous.

Key Competencies:

• International Engagement: Represent agency at international platforms.
• Research and Analysis: Analyze large data sets for insights.
• Design for Implementation: Develop strategic and implementable policies.
• Industry Engagement: Develop stakeholder engagement strategies.

This position is offered on a 1-year contract, with potential renewal.

About the Ministry of Law:

The Ministry of Law in Singapore upholds the rule of law and enhances access to justice through legal frameworks, policies, and community services, fostering a progressive society.