VP, Financial Crime Compliance Officer (Singapore)

Nomura Singapore Limited; Singapore; On-site; SGD 100,000 - 150,000; Full time

Job summary

A global financial services firm is hiring a Financial Crime Compliance Officer in Singapore. This role, at the Vice President level, involves advising on financial crime controls and conducting due diligence for high-risk accounts. Ideal candidates will have at least 10 years of AML/KYC experience and a relevant university degree. The position requires clear communication skills and strong stakeholder management. The firm is committed to equal opportunities in employment.

Qualifications

• University-level Degree preferably in a relevant discipline (Finance, Accounting, Business, Legal).
• At least 10 years’ experience related AML / KYC client onboarding experience.
• Good understanding of relevant AML/CFT laws and regulations.

Responsibilities

• Analyse high-risk account due diligence and make recommendations.
• Provide FCC related advisory to Front Office.
• Conduct enhanced due diligence and liaise with external investigative firms.
• Perform investigation on suspicious activities or transactions.

Skills

10 years’ AML / KYC client onboarding experience

Good understanding of AML/CFT laws

Clear communication skills

Stakeholder management

Proactive team player

Education

University-level Degree in Finance, Accounting, Business, or Legal

Job description

Job Description

Job title: Financial Crime Compliance Officer

Corporate Title: Vice President

Department: Compliance

Location: Singapore

Company overview

Nomura is a global financial services group with an integrated network spanning over 30 countries and regions. By connecting markets East & West, Nomura services the needs of individuals, institutions, corporates and governments through its three business divisions: Retail, Wholesale (Global Markets and Investment Banking), and Investment Management. Founded in 1925, the firm is built on a tradition of disciplined entrepreneurship, serving clients with creative solutions and considered thought leadership. For further information about Nomura, visit www.nomura.com.

Department overview

Nomura operates in a complex regulatory environment and the role of Compliance department is to ensure that the Firm operates in accordance with the applicable laws and regulations of the exchanges and regulators. Compliance department also works with all levels of the Firm to assist in the development and maintenance of a strong compliance culture and to support the embedding of appropriate behaviours within the firm’s operating practices. Compliance department provides cover for each of the main businesses – Global Markets, International Wealth Management (“IWM”) and Investment Banking/Research, in which Financial Crime Compliance team ensures the effective implementation of the Anti-Money Laundering (“AML”) and Counter Financing of Terrorism (“CFT”) Compliance regime in Nomura for its non-Japan Asia Pacific offices.

Role description

Financial Crime Compliance Officer will be based in Nomura’s Singapore office and reports to the Head of IWM Financial Crime Compliance, AEJ.

Key responsibilities

• Analyse challenging or high risk account due diligence and to make appropriate recommendations to Senior Management whether to onboard a client or maintain an existing relationship and other suitable recommendations as to appropriate financial crime controls to be put in place.
• Provision of FCC related advisory to Front Office and relevant stakeholders.
• Conduct enhanced due diligence and liaise with external investigative firms on investigation reports.
• Conduct 4 eye checks on client due diligence and 3rd party transactions reviewed by junior FCC team members.
• Perform investigation on any suspicious activities or transactions arising from rolling review of client accounts.
• Perform FCC risk assessment of new business/ products.
• Liaise with audit and regulators on any KYC related issues.
• Participate in ad-hoc project/ system enhancements.

Skills, experience, qualifications and knowledge required

• University-level Degree preferably in a relevant discipline (Finance, Accounting, Business, Legal).
• At least 10 years’ experience related AML / KYC client onboarding experience for high net worth clients and complex financial structures (such as trusts, personal investment vehicles, foundations etc.).
• Good understanding of relevant AML/CFT/laws and regulations.
• Ability to communicate clearly and confidentially; able to influence internal and external stakeholders.
• Ability to directly address conflicts and elevate issues where appropriate.
• Communicates well and across all levels, including good stakeholders management.
• Good team player, proactive and able to adapt quickly.

Diversity Statement

Nomura is committed to an employment policy of equal opportunities, and is fundamentally opposed to any less favourable treatment accorded to existing or potential members of staff on the grounds of race, creed, colour, nationality, disability, marital status, pregnancy, gender or sexual orientation.

DISCLAIMER

This Job Description is for reference only, and whilst this is intended to be an accurate reflection of the current job, it is not necessarily an exhaustive list of all responsibilities, duties, skills, efforts, requirements or working conditions associated with the job. The management reserves the right to revise the job and may, at his or her discretion, assign or reassign duties and responsibilities to this job at any time.

Nomura is an Equal Opportunity Employer