AML Compliance & Governance Officer - Toa Payoh

Key Responsibilities:

• Conduct comprehensive customer due diligence for both new and existing customers, ensuring compliance with the Bank’s AML/KYC policies and procedures.
• Investigate suspicious transactions and escalate findings to the Compliance Manager or Senior Management where necessary.
• Provide guidance and advice to internal stakeholders on AML-related matters.
• Deliver AML and compliance training to employees, fostering awareness and promoting compliance culture across the Bank.
• Perform gap analyses on AML policies, ensure timely updates to meet regulatory requirements, and communicate significant changes to affected stakeholders.
• Prepare materials for Board Meetings, Committees, and AGMs, including managing logistics, creating presentations, compiling documents, and drafting meeting minutes.
• Support the Compliance Manager in managing the Bank’s Compliance and AML programs effectively.
• Stay informed of regulatory updates and ensure the Bank implements revised requirements promptly.
• Coordinate AML-related examinations and audits, including document consolidation, drafting responses, and reviewing final reports.
• Promote adherence to MAS regulations (both AML and non-AML) and best practices across the Bank.
• Ensure accurate and transparent reporting, maintaining up-to-date documentation and records.
• Handle additional tasks or projects as assigned by the Compliance Manager or Senior Management.

Key Requirements:

• Bachelor’s degree from a recognized institution.
• At least 5 years of AML Compliance experience in a banking environment.
• Relevant AML certifications such as Certified Anti-Money Laundering Specialist (CAMS) or equivalent are advantageous.
• Strong communication skills with the ability to convey complex information effectively.
• Proven stakeholder management skills, both internally and externally

If you are keen to explore and have a confidential chat, feel free to share your resume by applying for this role.

EA License No. 16S8296 RCB No. 201417088Z EA Reg No. R24123534