Financial Crime Compliance AVP/VP – Regional Wholesale Bank - Bukit Merah

In return, you will enjoy an attractive annual renumeration of up to SGD 120,000 per annum.

Key Responsibilities:

• Collaborate closely with other divisions within the Compliance Department to provide seamless support to the business lines, ensuring all compliance requirements are met.
• Provide prompt and effective regulatory advice to the business line, ensuring strict adherence to applicable laws, rules, and regulations.
• Take an active role in managing non-compliance risks by anticipating, identifying, assessing, and monitoring risks. Ensure the relevance of controls and assist in developing action plans, escalating as necessary.
• Ensure all regulatory requirements and expectations are met, maintain a regulatory watch, and conduct necessary governance, assessments, system controls, and reporting.
• Ensure effective risk assessments and controls are in place between the 1st and 2nd lines of defence. Act as a business enabler to support strategic initiatives, managing non-compliance risks in partnership with the 1st line.
• Develop and deliver training programs on compliance topics, ensuring completion and quality across the organization. Ensure the effective implementation of both global and local compliance training modules.
• Ensure full compliance with applicable legal, regulatory, and internal compliance requirements, including the Singapore Compliance Manual and the Financial Crime Policy.
• Complete all required training to maintain competence and certification. Stay up to date with any changes in legal or regulatory requirements to ensure ongoing qualifications.

Requirements:

• Minimum 6 years of relevant experience.
• Strong knowledge in banking compliance and knowledge in AML/CFT regulations, and act as a reliable advisor.
• Ability to read and translate laws rules and regulations to ensure effective carrying out of operational compliance by the business lines.
• Ability to professionally correspond with the authorities and build a trusted relationship.
• Work seamlessly with local and global Compliance teams.
• Represent the team at both internal and external meetings/events.
• Ability to handle multiple tasks simultaneously and possess resilience to manage issues under difficult circumstances.
• Perform responsibilities quickly and accurately in short timelines and under pressure.

If you are interested in the role, please apply with your updated resume to adora.lee@revup-consulting.com (R1879177) for a confidential discussion. If the role does not match your profile, feel free to refer the role to your professional peers or friends.