AVP, Financial Crime Compliance - KYC, Compliance Department, Asia Pacific Division
AVP, Financial Crime Compliance - KYC, Compliance Department, Asia Pacific Division
SMBC Group6-8 Years
Early Applicant
- Posted 19 days ago
- Be among the first 10 applicants
Job Description
Job Responsibilities
- Perform customer due diligence and enhanced due diligence during the onboarding, periodic and trigger review of customers.
- Act as a subject matter expert in the execution and implementation of AML/KYC requirements in accordance with SMBC's related AML policies and procedures.
- Advise on complex cases and assess risk appetite boundaries in a continually evolving regulatory and business environment.
- Provide AML/KYC advice to stakeholders to ensure compliance with regulatory requirements and expectations, as well as internal policies and procedures.
- Review and maintain AML-related compliance policies, procedures, manuals, checklists, and guidance to reflect regulatory developments and internal policy changes, including performing gap analysis on relevant circulars and industry papers.
- Assist in designing and delivering targeted compliance training and awareness sessions for front office and support functions involved in AML/ KYC activities.
- Prepare monthly statistical reports relating to KYC metrics for senior management.
- University degree or higher. Professional diplomas or certifications such as ACAMS or ICA are highly preferred.
- Minimum of [6] years of experience in AML, KYC, or compliance within a bank, securities firm, financial institution, regulator, or professional services firm, with at least [3] years focused on AML/ KYC onboarding or periodic reviews.
- Proven experience in managing high-risk clients and complex structures, with a strong understanding of Singapore AML/CFT regulations (including MAS notices and guidelines), and relevant industry standards (e.g. ACIP).
- Demonstrated ability to engage with various stakeholders, with experience advising front office stakeholders and translating regulatory requirements into practical business guidance and controls.
- Strong analytical, drafting, problem-solving, and stakeholder management skills – having good communications skills, with ability to navigate multiple organizations and find common ground.
- Ability to manage multiple priorities, exercise sound judgment, escalate issues appropriately, and work effectively under time pressure.
- Collaborative, and team oriented
- High level of integrity, attention to detail, ownership, and accountability
More Info
Key Skills
Training and Awareness
MAS Notices and Guidelines
Singapore AML CFT Regulations
About Company
Skills:
certified information systems auditor , Data Analytics, Information Security, Certified Information Systems Security Professional, technology risk management, regulatory requirements specific to technology risk management and cyber security, risk-based audits
Skills:
Vulnerability Management, CIS, nist, secure-by-design principles, MAS requirements, security frameworks ISO 27001, compliance monitoring platforms
Skills:
AML CFT advisory, Financial crime compliance, Customer risk assessments, Customer due diligence, EDD reviews, Financial crime risk management, AML CFT regulations, MAS Notice 626, Sanctions risk considerations, Regulatory Compliance, Stakeholder Management, MAS Guidelines, Risk Assessment, FATF Recommendations, Wolfsberg Principles, Source of funds assessments, Risk Mitigation
Skills:
Alteryx, Power Bi, Tableau, Sql, Ms Excel, Watchlist Screening, Pep, Adverse Media, Sanctions, AML KYC, Name Screening
Skills:
Commodities, Derivatives, Reuters, Fixed Income, Analytical problem-solving, Information control, Equities, Bloomberg, Fx, Compliance Risk Assessments, Conflicts of interest, Investigative skills