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Compliance Specialist (12 months contract)

Job Seekers Singapore Compliance Financial Services - Private Banking

Job Summary

  • Singapore
  • Contract
  • BBBH795416
  • Oct 07, 2021
  • Competitive
Job Description

My client, a well reputed local bank is looking for a Compliance specialist to support on review and strengthening of AML policies.

Compliance Specialist (12 Months contract - extendable/convertible)

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.

Job Description

  • 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.


Consultant Details

Consultant Details

Suhani Malhotra
Suhani Malhotra
  • Senior Consultant
  • +65 6818 3174