The Compliance Officer role offers the opportunity to support a broad range of KYC, AML, and CFT compliance activities within the banking industry. This role plays an important part in transaction monitoring, client due diligence, regulatory reporting, and advisory support to help safeguard organisational integrity and ensure adherence to regulatory standards.
Responsibilities
Monitor transaction alerts generated by AML systems, investigate suspicious activities, and escalate or file Suspicious Transaction Reports as required
Review and clear alerts from name screening tools, including sanctions, PEPs, and adverse media, in line with international regulatory requirements
Oversee client onboarding and periodic reviews, ensuring proper Customer Due Diligence and Enhanced Due Diligence for high-risk clients
Prepare and validate client data for FATCA and CRS reporting, ensuring accuracy and compliance
Support the maintenance and enhancement of AML systems, including transaction monitoring and name screening platforms
Assist in updating AML/CFT policies, procedures, and enterprise-wide risk assessments, while contributing to regulatory submissions and audit processes
Provide advisory and training to business units on AML/CFT requirements, including sanctions and risk mitigation
Requirements
Degree holder with 3 to 5 years of experience in AML/KYC compliance within banking or CPA firms, preferably with exposure to private or corporate banking
Strong analytical and problem-solving skills with the ability to assess complex information
Effective communication and interpersonal skills, with the ability to collaborate across teams
Self-motivated with the ability to work independently and manage multiple responsibilities
Proficiency in both English and Mandarin to liaise with stakeholders
About the company
A multinational Chinese company in the banking industry, this organisation provides financial services across corporate, institutional, treasury, and private banking segments. It operates in Singapore as part of a wider international banking network.
JAC Recruitment Pte. Ltd.
EA Licence: 90C3026
