Senior Manager, Compliance

WMRC Private Ltd; Singapore; On-site; SGD 60,000 - 100,000; Full time

Job summary

An established industry player is seeking a Compliance Officer to oversee trust business compliance functions. This role involves implementing AML/CFT policies, conducting client due diligence, and managing compliance matters with various stakeholders. The ideal candidate will have over 8 years of experience in the financial services sector and a strong understanding of AML/CFT regulations. This position offers the opportunity to engage in significant compliance activities and contribute to the organization's integrity and risk management efforts. If you are passionate about compliance and ready to make an impact, this could be the perfect opportunity for you.

Qualifications

• 8+ years of experience in financial services with strong AML/CFT knowledge.
• Degree in a relevant discipline required; proficiency in Chinese preferred.

Responsibilities

• Implement and administer AML/CFT policies and procedures.
• Conduct client due diligence and risk profiling for onboarding.
• Manage compliance escalations and facilitate audits.

Skills

Anti-Money Laundering (AML)

Countering Financing of Terrorism (CFT)

Client Due Diligence

Risk Profiling

Stakeholder Engagement

Audit Facilitation

Compliance Reporting

Proficiency in Chinese

Education

Degree in a relevant discipline

Job description

You will be responsible for the compliance functions of the trust businesses and will implement and administer anti-money laundering and countering financing of terrorism (AML/CFT) policies and procedures.

You will provide compliance support and guidance to the business, including issues on PDPA, outsourcing arrangements and Business Contingency Plans. You will conduct client due diligence for onboarding of new clients, including screening clients through World Check and other online search facilities, and perform review and verification of client KYC documents. You will perform client risk profiling to assign risk ratings to structures/ clients and undertake periodic reviews of files based on the client’s risk rating.

You will manage and address compliance escalations from the business, engage with stakeholders regarding compliance matters, and participate in Board meetings and risk committee meetings. You will facilitate internal and external audits and assist with the compilation of data and the preparation of reports for submission to MAS and Group Compliance. You will assist with FATCA/ CRS compliance requirements and maintain risk registers (e.g., PEP, other High-Risk Clients, etc.), as well as participate in the review of transactions of such clients, prepare, file and monitor STRs.

Pre-requisites

1. Degree in a relevant discipline
2. At least 8 years of relevant work experience within the financial services industry
3. Well versed in AML/ CFT regulations and requirements
4. Experience in the trust industry will be an advantage
5. Proficiency in written and spoken Chinese

Submit your application to [e-mail] quoting the Job Title.