Compliance Officer
Core
Provide advisory and second-level review of KYC/CDD for corporate structures (funds/trusts), perform QA on transaction monitoring, and manage AML/CFT risk assessments and reporting.
Role type
Senior Compliance Officer (AML/KYC/Sanctions)
Builds
AML/CFT risk assessments, regulatory reports (FATCA/CRS/STRs), and enhanced monitoring systems
Domain
Financial Services / Banking / Anti-Money Laundering
Required skills
KYC/CDD review, transaction monitoring, sanctions screening, AML/CFT risk assessment, regulatory gap analysis, staff training, process improvement, system liaison
Preferred skills
Project management, system implementation, investigative mindset
Technologies
Microsoft Excel (VLOOKUP, pivot tables), Customer Due Diligence systems, Transaction monitoring systems, Name screening systems
Responsibilities
Perform quality assurance review on KYC/CDD and transaction monitoring; Periodically review parameters and thresholds for risk rating and name screening systems; Assist in preparation and reporting of FATCA/CRS to IRAS; Conduct training for staff including induction; Prepare AML reports for management and Head Office; Undertake ad-hoc projects regarding system issues and enhancements; Identify opportunities for process improvements; Maintain understanding of money laundering, terrorist financing, and sanctions issues.