Compliance Team Head – Due Diligence Team Permanent

Job Description:

• Oversee and lead Team to manage the day to day AML (Anti-Money Laundering) compliance operations covering Name Screenings and Ongoing Reviews.
• Establish, review and update SOPs, processes and guidelines for effective controls that are efficient and meet regulatory best practices and industry standards.
• Resolve and assess risks when business decisions are made and provide sound coherent and consistent recommendation to Senior Management.
• Liaise and resolve regulatory concerns with Compliance, Audit and Regulators, and including coordinating related inspections.
• Assist in following up on AML/CFT and sanction laws relevant audit findings
• Participate in AML related transformation projects.

Requirements and Qualifications:

• A recognised University Degree with at least 10 years of relevant compliance working experience. Candidates who possess industry qualifications as an AML specialist (e.g. Diploma in AML) would be preferred.
• Proven good understanding of MAS AML regulatory requirements, International Sanction Laws
• Demonstrate good understanding of the different business segments (Corporate/Retail/Financial Institution/Private Bank/Card Business)
• Hands-on and experienced leader who motivates and develops people to maximize their potential.
• Good written and communication skills with ability to develop a strong working partnership with external and internal stakeholders
• Good analytical capability with high attention to details
• Effectively bilingual in English and Chinese to communicate (spoken and written) with Chinese-speaking counterparts/colleagues locally and in Head Office.