Singapore

Job Application

Job Title

Team Lead, AML Advisory & Policy

Job Description

Primary Objective

  • Deputize the Section Head, AML Compliance to lead and manage the various teams/units in AML Compliance Section which includes Testing, Assurance, Training & Policy; Monitoring & Investigations; and Advisory & Client AML, Intelligence.
  • Assist the Section Head, AML Compliance to oversee the entire AML Compliance function to meet MAS & BNM and the Group’s AML Compliance requirements for Singapore Branch, as well as ensure timely AML advisory to business & support units.
  • Report and escalate significant AML/CFT concerns as well as other key AML updates to Head, Compliance Singapore and Senior Management to ensure immediate attention is given to address critical issues.

Key Responsibilities

  • Assist the Section Head to oversee the entire AML Compliance function to meet MAS & BNM regulators and the Group’s AML Compliance requirements for both Bank & Asset Management businesses in Singapore, as well as ensure timely AML advisory to business & support units.
  • Escalate significant AML/CFT concerns to Head, Compliance Singapore and Senior Management to ensure immediate attention is given to address critical issues.

Compliance

  • Assist the Section Head to lead all AML Compliance Teams to ensure timely AML compliance advisory and AML/CFT regulatory updates given to the relevant stakeholders.
  • Track project tasks and milestone; manage project and work stream project plans;
  • Advise on RHB Bank branch and all regulated entities on AML policies/regulations in Singapore to achieve compliance
  • Review reports to the Senior Management or relevant Committees on any non-compliance issues/matters that constitute significant AML/CFT concerns/issues;
  • Liaise with the Authority to ensure good working relationship
  • Provide regulatory advice and support to businesses in relation to MAS AML/CFT and Group AML Policy to ensure compliance
  • Ensure that the AML transaction monitoring team close the alerts promptly and maintain proper documentation on the rationale of the closure
  • Ensure the team file STRs to the relevant authorities promptly and attend to any follow-up requests from the relevant authorities
  • Ensure the team maintained the parameters in the bank-wide system on AML remain current and relevant to address any new trends in this area
  • Ensure the team maintained an updated AML training materials and track completion of AML e-learning.

Other function(s)

  • Carry out any other duties as and when instructed by the Head, Compliance Singapore from time to time;
  • Assume leadership in any other projects or assignments instructed by the Head, Compliance Singapore.

Qualifications

Formal Education:

  • Degree and above in Business, Accounting, Finance, Law and relevant disciplines

Professional Accreditation:

  • Preferably with AML professional qualifications/certifications

Preferred level of Experience (by years/function/industry):

  • At least 8-10 years’ experience in AML Compliance in banking industry

Other skills required:

  • Experience in dealing with regulators confidently
  • Business Acumen and able to face off with various stakeholders (including Senior Management);
  • Experience in managing a team
  • Strong project management skills
  • Team player

Experience Level

Mid-Senior Level

Interested? Apply Now!

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