Team Head, Business Compliance, Corporate Banking

Business Function

Corporate and Investment Banking provides corporate customers with a comprehensive range of commercial banking products and services. These include cash management services, current accounts, time deposits, trade finance, working capital finance, term loans, and foreign exchange. Through our ongoing commitment, DBS has cultivated long-standing relationships with its customers in the region, built on account relationship management, service differentiation, product development, and rigorous credit standards.

Reporting to the COO of Institutional Banking Group (IBG), the successful candidate will lead a team responsible for ensuring that all IBG staff fully comply with internal AML risk and compliance policies/standards, external regulations, and industry best practices.

Responsibilities

• Liaise with Financial Crime Surveillance & Solutions (FCSS) and Compliance teams on Know Your Customer (KYC) and Anti-Money Laundering (AML) monitoring activities
• Review, analyze, and disseminate Anti-Money Laundering/Countering the Financing of Terrorism (AML/CFT) and Sanctions-related information
• Report on AML/CFT/Sanctions risk reviews and identify areas for improvement
• Monitor remedial actions taken to address AML and risk control deficiencies
• Evaluate and communicate updates on new AML/CFT/Sanctions regulations
• Coordinate responses to reports requested by regulators and authorities
• Provide feedback on revisions to AML/CFT/Sanctions standards
• Offer advisory on AML/CFT/Sanctions matters for new banking products and services
• Collaborate on Customer Due Diligence (CDD) review and AML/CFT/Sanctions risk governance initiatives
• Prepare and facilitate Risk & Control Self-Assessments (RCSA)
• Monitor the timeline for CDD periodic and trigger reviews
• Measure and monitor key AML risk indicators and issues
• Provide analysis and insights on AML control trends
• Act as an AML Champion, addressing inquiries from IBG colleagues

Requirements

• University degree with a minimum of 15 years of relevant experience in Banking or Financial Institutions
• Proven track record in frontline, risk, and governance roles
• Sound knowledge of AML/KYC, compliance frameworks, and relevant regulations
• Fluency in English and Chinese, coupled with excellent analytical skills
• Strong communication and teamwork abilities
• Possession of CAMS, CFE, or other relevant professional qualifications
• Experience in transaction review/investigation is an advantage

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