Anti Money Laundering jobs in Singapore

The Anti-Money Laundering (AML) Department upholds Singapore’s reputation as a clean and trusted place to do business by strengthening the financial sector’s defences against money laundering, terrorism financing and proliferation financing. The AML Department develops sound regulations, conducts surveillance of dynamic risk developments, executes risk-based supervision in collaboration with MAS’ supervisory departments, and works closely with the public and private sectors to coordinate the broader national effort to combat such illicit finance.

• To conduct research such as literature review, cross jurisdictional comparisons on best practices, methodology, and various key risk areas e.g. sanctions, proliferation financing, to assist in the development of the various risk assessments
• To work on assigned projects and initiatives that relate to recommendations from Singapore’s 5th round FATF Mutual Evaluation
• To assist in coordination and tracking of priority follow-up actions across agencies arising from Singapore’s 5th round FATF Mutual Evaluation
• To help compile and manage statistics that MAS collates across agencies as Secretariat, and monitor implementation of AML/CFT measures at WoG level
• To help prepare the review of papers of the FATF relating meetings - the Policy Development group, the Asia‑pacific group, e.g. in compiling the documents for review issues for discussion and developing interventions, and coordination of responses to issues across agencies

• Excellent analytical capabilities, able to dissect policy issues and offer useful options and workable solutions
• Excellent verbal and written communication skills
• Strong data analytical skills
• Team player who is proactive and self‑motivated, with a keen interest in shaping outcomes
• At the same time, able to work independently, with a proven ability to drive multiple projects to produce quality outcomes in a timely manner
• Strong interpersonal skills and able to positively influence internal and external stakeholders
• You will be working in a fast‑paced environment that would require the ability to manage multiple priorities and needs of stakeholders, as well as the agility to respond to changes and developments

This is a 2-year contract position. As part of the shortlisting process for this role, you may be required to complete a medical declaration and/or undergo further assessment.

All applicants will be notified on whether they are shortlisted or not within 4 weeks of the closing date of this job posting.

MAS is the central bank of Singapore. Our mission is to promote sustained non‑inflationary economic growth, and a sound and progressive financial centre.