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.