AML Compliance Officer

Singapore
Permanent
Full-time

1 month ago
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We are seeking a detail-oriented and proactive AML Compliance Officer to join our Group Compliance Department, reporting to the Head of AML Compliance. The ideal candidate will have 4 to 6 years of experience in Anti-Money Laundering (AML) and financial crime compliance, with a strong understanding either in a capital markets environment or banking/wealth management environment. As part of the Group AML Compliance, the team will be responsible for monitoring, implementing, and improving our AML/CFT framework to ensure compliance with regulatory requirements and industry best practices.Key Responsibilities:

Oversee the implementation and maintenance of the AML/CFT framework in line with MAS regulations.
Review customer due diligence and transaction monitoring escalated by business units and provide necessary advisory.
Review and investigate suspicious transactions and escalate Suspicious Transaction Reports (STRs) to the authorities within stipulated timeline.
Monitor regulatory changes and assess their impact on AML/CFT policies, procedures, and controls.
Maintain and update AML/CFT risk assessments and support the risk-based approach to compliance monitoring.
Support internal and external audits, regulatory inspections, and prepare responses to AML-related queries.
Deliver AML/CFT training to staff to enhance awareness and understanding across the organization.
Collaborate with the front office and operation teams to ensure robust AML compliance across business lines.

Requirements:

Bachelor’s degree in Law, Finance, Business, Accountancy or a related field.
4-6 years of relevant experience in AML compliance, preferably within a capital markets firm, banks or wealth management.
In-depth knowledge of AML/CFT laws, regulations, and best practices.
Professional certification such as CAMS, ICA, or equivalent is highly desirable.
Strong analytical, investigative, and report-writing skills.
Ability to work independently and handle confidential information with integrity.
Excellent communication and stakeholder management skills.

Other Optional Attributes:

Prior experience liaising with regulators and/or preparing for regulatory inspections.
Familiarity with use of data analytics tools such as Tableau and/or use of RPA.
Experience with AML screening and transaction monitoring systems.

If you are looking for an environment of growth and opportunities, please send a cover letter with your resume, stating the position applied, present and expected salaries to recruitment@phillip.com.sgWe regret that only shortlisted candidates will be notified.Brought to you by Phillip Securities Pte Ltd (A member of PhillipCapital)

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