Compliance Analyst - AML

JOB DESCRIPTION :- Implement and enhance Group AML/CFT Policy, Standards and operating procedures & controls; Execute change impact assessment, develop a Change Management plan, including communication and training plans to ensure the message reaches all impacted users to improve knowledge and risk culture; Drive, manage and coordinate end to end developments, process and controls and oversee its implementation for Singapore and the Group entities; Provide compliance advisory support to business units and compliance officers across the Group; Conduct risk assessment exercises required under the Group AML/CFT program (such as Enterprise-Wide Risk Assessment, Compliance Risk Self-Assessment, benchmark of regulations etc.); Perform compliance testing/monitoring on Group entities to determine standard & quality of compliance; Determine root cause of issues/findings from audits/inspections and ensure timely resolution; Prepare risk management reports for submission to various stakeholders; Ensure timely and appropriate action on matters where ML/TF activities suspected; Take accountability in considering business and regulatory compliance risks and takes appropriate steps to mitigate the risks; Maintain awareness of industry trends on regulatory compliance, emerging threats and appropriate steps to mitigate the risks; and Highlight any potential concerns/risks and proactively shares best risk management practices.

JOB REQUIREMENTS :-

Degree in Finance/ Commerce/ Economics/ Banking/ Law/ Engineering from a recognized university or tertiary institution; At least 1-3 years relevant working experience in the area of AML/CFT, compliance, internal audit or risk management in financial services industries; Broad knowledge of business, products and operations of the financial services industries (either banks, insurance and capital market firms), familiar with AML/CFT regulatory requirements and international standards; AML specialist certification with a recognized institution/association will be an advantage; Good interpersonal & communication skills, able to handle difficult situations, adaptable to fast-pace environment and able to work under pressure to meet tight deadlines; Good analytical, conceptual and problem solving skills; Resourceful, proactive and able to work independently as well as in a team; High level of integrity, takes accountability of work and good attitude over teamwork; and Takes initiative to improve current state of things and adaptable to embrace new changes.