Compliance Specialist (Transaction Monitoring)
Core
Review and investigate suspicious transactions to assess money laundering, terrorist financing, and sanctions risks within a financial institution.
Role type
Senior IC compliance specialist (transaction monitoring & AML investigations)
Builds
Investigative reports, risk assessments, and regulatory submissions for the bank's Financial Crime Compliance function.
Domain
Banking / Financial Crime Compliance (AML/CFT)
Required skills
Transaction monitoring, AML/CFT investigations, Sanctions screening, Enhanced due diligence, Regulatory reporting, Risk assessment, Trade finance analysis, Pattern recognition, MAS regulations knowledge, Investigative writing
Preferred skills
ACAMS or ICA certification, Trade finance EDD experience, Knowledge of trade-based money laundering typologies
Technologies
Transaction monitoring systems, Watchlist screening tools, AML/CFT regulatory frameworks
Responsibilities
Conduct detailed reviews of alerts generated through transaction monitoring systems; Perform in-depth investigations on unusual transaction activities and document findings; Analyse transactional behaviour and identify suspicious patterns; Support the identification and mitigation of AML/CFT risks; Prepare and review AML management reports and regulatory submissions; Recommend enhancements to transaction monitoring processes.