AML Compliance Officer (Transaction Advisory)

Roles and Responsibilities:

1. Providing Pre-transaction Advisory Response (including Sanctions/Name Screenings Hits Escalations) within SLA.

2. Advise and provide guidance to Business units in adhering to the Branch AML/CFT/PF policy requirements.

3. Engage customer-facing Business Units and conduct KYC-Checker function on the onboarding, periodic, triggered KYC / CDD reviews of their customers i.e. from Retail Banking, Corporate Banking, Financial Institutions and Wealth Management, within SLA.

4. Maintenance and updating of Private Watchlists and Internal Blacklists in various Branch’s AML/Sanction Screening Systems, within SLA.

5. Prepare and draft STR filings to AML Team Lead, within SLA.

6. Perform relevant AML-related Compliance Monitoring and Testing.

7. Monitor Business Units’ AML compliance standards and escalate to AML Team Lead on any identified issue(s).

8. Propose and draft revision(s) to Branch AML/CFT/PF Policy.

9. Prepare AML/CFT Training Quiz and Material.

10. Projects and any other ad-hoc duties and work as assigned by Branch Management, Department Head and AML Team Lead.

Pre-requisite Requirements:

1. A Bachelor’s Degree.

2. Minimum 3-4 years of relevant Transaction Advisory, Sanctions, KYC/CDD compliance experience, preferably with compliance experience in the banking or financial services sector.

3. Familiar with the MAS AML Notices and Guidelines applicable to a Full Bank licensed in Singapore, ACIP Industry Guidance Papers.

4. Candidates with relevant ICA or ACAMS qualifications would be advantageous.

5. Able to read and write reasonably well, with strong research and analytical skills.

6. Able to think logically and work well independently with limited guidance and tight timelines.

7. Able to prioritize and multi-task, handle ad-hoc projects as and when required.

8. Motivated and possess self-initiative to learn and work with other stakeholders.

9. A strong team player with excellent inter-personal and communication skills and is comfortable engaging with senior stakeholders/external parties.