Manager- Financial Crime

 FAB, the UAE's largest bank and one of the world's most secure financial institutions, is dedicated to creating value for its employees, customers, shareholders, and communities. Through innovation, agility, and differentiation, FAB is committed to fostering growth. We are looking for top talent and your success is our success. Accelerate your growth as you help us reach our goals and advance your career. Be ready to make your mark a top company, in an exciting and dynamic industry

JOB PURPOSE:

As part of the broader Compliance Team, the incumbent will form part of the Financial Crime Compliance (“FCC”) Team primarily responsible for supporting FAB Singapore’s FCC Program which covers the areas of anti‐money laundering (“AML”), countering the financing of terrorism (“CFT”), anti‐bribery and corruption (“ABC”) and sanctions compliance.

The incumbent will also support the FCC program for FAB Labuan Branch.

KEY ACCOUNTABILITIES:

• Act as one of the primary contact and subject matter expert covering AML/CFT, sanctions and KYC for FAB Singapore and Labuan Branch.
• Ensure BAU tasks, including but not limited to, periodic customer database screening, SWIFT message filtering, transactions monitoring, compliance monitoring reviews and KYC reviews are attended to and closed on a timely manner.
• Perform compliance monitoring reviews in accordance with Annual Compliance Plan.
• Collate and prepare periodic MI reports for various local management committees and Head Office.
• Assist to perform and/or review periodic EWRA from FCC perspective for FAB Singapore and Labuan Branch.
• Assist to develop, establish and implement the FCC Program incorporating best work practices into the respective FCC policies and procedures in ensuring a robustness and effective implementation of the FCC Program across FAB Singapore and Labuan Branch.
• Assist MLRO to continuously ensuring the FCC Program is fit-for-purpose.
• Assist to provide advise relating to FCC matters.
• Provide cover for the broader Singapore Compliance Team, where necessary.
• Any other adhoc tasks as may be assigned to assist the wider Singapore Compliance Team.

Job Context

MAS‐Individual Accountability & Conduct

• Designated as “Material Risk Personnel ‐ MRP” as per MAS‐Individual Accountability and Conduct Guidelines.
• Adhering to the Fit and Proper requirements of the bank.
• Confirm and attest to the Job Description and Balance ScoreCard on a periodic basis (check if balance scorecard applicable to MRPs).
• Ensure completion of MRP assessment with Senior Manager.
• Adhere to the Bank's Code of Conduct.

Minimum Qualification

• A recognized degree in Business, Banking, Accounting, Finance, Engineering or equivalent.

Minimum Experience

• Minimum 5 years of relevant experience in AML, sanctions and ABC.
• In‐depth knowledge of MAS Notice 626 and Guidelines to MAS Notice 626.
• Working level understanding of trade-based money laundering controls.
• Good writing and communication skills, and comfortable interacting with stakeholders from different cultures and background.
• Self‐starter, resourceful, independent, meticulous, team player and able to work well under pressure.
• Ability to multi‐task, prioritize and deliver consistent results.
• Proficiency in Microsoft suite of products, in particular, MS Excel and MS PowerPoint.
• Strong data analytical skills and comfortable with voluminous data.