Job description:

JOB DESCRIPTION Key accountabilities:

» Ensure compliance with the Singapore legal and regulatory requirements for the business by formulating compliance management policies and internal controls that are clearly communicated, understood and implemented.

» Facilitate compliance with matters relating to regulatory and industry body requirements, with a particular focus on AML/CTF.

» Ensure adequate compliance controls are set in place for the company and its clients and continuing monitoring to ensure effectiveness.

» Keep abreast of all regulatory matters and act as compliance agent to ensure management is fully informed of current, new or proposed legislation that affect business activities.

» Ensure all new client relationships have undergone the appropriate document review, client identification screening and risk assessment prior to onboarding and entering into transactions;

» Ensure all existing KYC documentation and information is updated and validated correctly on a periodic basis, risk assessments are completed and necessary escalation is performed;

» Conduct continuing monitoring, due diligence and reviews on clients, including enhanced due diligence;

» Play an active function in the identification, investigation, escalation and reporting of suspicious activities and transactions;

» Provide sound reasoning and justification on AML/CFT matters;

» Review and update existing policies and procedures to ensure adherence to regulations, guidelines, standards and Perpetual policies;

» Advise on significant MAS regulations and implications on company policies including outsourcing, technology risk management, cyber security and business continuity management;

» Implement and conduct controls and sample testing and ensure all risk events will be managed and escalated where necessary;

» Assist with the continuing review, maintenance and development of key risk and compliance documentation including FATCA/CRS review and risk assessments;

» Provide updates on Notices / Circulars / Guidelines received from various regulatory bodies and Group;

» contact with internal & external auditors with the capability to provide process walkthrough.Requirements:

» Degree or degree level qualification;

» Have at least 3-5 years of working practice, with three years in an AML compliance/internal audit position. significant practice with a global financial institution and/or trustee is an added advantage;

» Excellent technical knowledge and knowledge of financial crime legislation, rules and regulations in Singapore;

» Effective and clear communication; comfortable in facing different stakeholders at senior levels;

» Strong attention to detail and analytical expertise, with an investigative mindset;

» Strong planning and organisation expertise;

» High motivation for risk and control, with a positive can-do attitude.

We welcome interested qualified candidates to email an updated resume in word doc format to [email protected] indicating current and expected compensation.

We regret that only shortlisted candidates will be notified.

[Florence Teo, R1105626]

RECRUITMENT FIRM SNAPSHOT

EA No. 09C4648

EA Reg. ID R1105626

Industry Human Resources Management/Consulting

Website http://targetpartners.com.sg/

Company Size 1 - 50 Employees

COMPANY OVERVIEW Our client is a leading financial services firm providing corporate trustee services in Asia. Due to on going growth, they are looking for a Compliance Manager located in Singapore, reporting to the SVP Legal and Compliance.

Skills: