AML Compliance Associate

recruitSG

  • Singapore
  • Permanent
  • Full-time
  • 2 months ago
  • Apply easily
Job Summary: The AML Compliance Associate plays a crucial role in ongoing monitoring, identifying, investigating and flagging suspicious financial activities to ensure compliance with applicable laws, regulations, and internal policies. This position requires a detail-oriented individual with strong analytical skills who is committed to combating financial crime and protecting the integrity of the financial system.Key Responsibilities: * Quality Assurance:
  • Perform sample checks on onboarding process periodic reviews, name screening, transaction monitoring and Know Your Transactions (KYT)
  • Regulatory Compliance:
  • Keep abreast of any changes in Regulatory requirements from respective jurisdictional Regulators
  • Update Standard Operating Procedures where required
  • Reporting Support:
  • Assist in monthly Regulatory reporting to MAS
  • Assist in monthly metrics reporting to Group Compliance
  • Audit:
  • Coordinate scope and tasks for annual audits and/or supervisory audits by Regulators
  • Liaise with Group Compliance on audit matters
  • Suspicious Transaction Reporting:
  • Assist MLRO in filing of Suspicious Transaction Report (STR) to Law Enforcement Authorities
Qualifications and Skills:● At least 3+ years of work experience in AML/CFT compliance or financial crime investigations preferably in Digital Payment Token companies.● Knowledge of AML/CFT Compliance, regulations and guidelines (e.g. MAS Payment Services Notices, OFAC Sanctions, FATCA and etc).● Proficiency in transaction monitoring systems, name screening software, block chain analytics tools.● Certified Anti-Money Laundering Specialist (CAMS), ICA or similar certification is preferred.● Excellent analytical, problem-solving, and decision-making skills.● Strong written and verbal communication skills.● Ability to work independently and manage multiple priorities in a fast-paced environment.● High level of integrity, meticulous and client focused.● Team player with flexibility and adaptability to change.Powered by JazzHR

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