Morgan Mckinley is working in partnership with a leading local bank to support their private banking AML Policy, Strategy & Governance team. As a key member of the AML Compliance policy team, he/she will be in-charge of the review of AML/CFT policies and procedures, monitoring of regulatory developments and conducting training programmes to uplift the bank's AML/CFT controls effectiveness.
Strengthen AML/CFT policies and procedures and implement effective controls measures together with relevant internal stakeholders to comply with regulatory requirements relevant to the business and operating environment.
Review policies and procedures regularly, taking into consideration emerging risks and new money laundering/terrorism financing (ML/TF) typologies observed.
Actively monitor regulatory developments in Singapore and other jurisdictions in which the Bank operates in; and keep abreast of regulatory expectations and industry best practices.
Perform impact and gap analysis in a timely manner before proposing sound recommendations and action plans to address the self-identified gaps.
Prepare training materials and deliver effective training on revised policies and procedures and case studies/typologies (including lessons learnt from other financial institutions' AML/CFT controls failures).
Contribute to ongoing efforts to enhance reporting of ML/TF/sanctions risks and AML/CFT controls effectiveness to Board and Senior Management.
The Successful Applicant
As a successful applicant, you would have the following skills & qualifications:
Degree with minimum 3 years of direct and broad-based compliance experience in the field of AML/CFT and sanctions.
Strong technical knowledge and understanding of regulatory requirements on AML/CFT and sanctions.
Strong understanding and active awareness of regulatory expectations in Singapore, international developments, emerging risks/typologies and global trends in relation AMLCFT and Sanctions.
Referrals are greatly appreciated.
Morgan McKinley Pte Ltd
EA Licence No: 11C5502
Registration No: R1770166
Registration Name: Suhani Malhotra
Only shortlisted candidates will be responded to, therefore if you do not receive a response within 14 days please accept this as a notification that you have not been shortlisted.