Job description

Job Description

The Compliance function is a strategic partner and a trusted business enabler to the Board and senior management. It is our responsibility to ensure that the Group continuously fulfils its regulatory obligations in today’s tight and dynamic regulatory landscape. To do that, we work closely with internal stakeholders to identify and to assess regulatory risks. This collaboration also includes developing practical solutions that integrate regulations into operational requirements as well as actively shaping and promoting stronger compliance culture and literacy in the Bank.

Responsibilities

• Lead and manage AML/CFT System Team to support Name Screening & Customer Due Diligence, Payments/ Sanctions Screening and Financial Crime Systems for Singapore and overseas locations
• Strategize the implementation of Anti-Money Laundering/Counter-Financing of Terrorism (AML/CFT) and Financial Crime solutions across the Group together with Group IT, AML/CFT Advisory, business stakeholders and external vendors to optimize risk management effectiveness and to address Bank's regulatory and operational requirements
• As Subject Matter Expert in AML/CFT Name Screening & Customer Due Diligence, Payments/ Sanctions Screening solutions and other systems solutions in managing regulatory requests or queries and audit related matters on systems
• Prioritize change requests enhancements and drive change management process in enhancing transaction monitoring system capabilities and meeting regulatory and risk management objectives, and operational effectiveness
• Responsible for end-to-end project management of enhancements from pre-project initiation, development and testing, implementation to post implementation-system issues escalation and resolutions as applicable
• Provide over-sight on systems thresholds & parameters review with key stakeholders to ensure thresholds remain fit for purpose
• Provide systems related guidance on production queries, regulatory /internal / external audit queries to Singapore and Overseas Compliance counterparts
• Provide training for overseas compliance counterparts on transaction monitoring solutions
• Work with the team to deploy AI and Analytics to improve process effectiveness, and Robotic Process Automation (RPA) for automate to improve operational efficiency where required
• Explore cutting-edge technologies through research and partnering with stakeholders to enhance internal AI/ ML capabilities for AFC surveillance.
• Proactively identifying and managing risks associated with new technologies and evolving financial crimes.
• Work closely with end-users and internal key stakeholders to identify opportunities for next-generation AI/ ML future model build for AFC surveillance.

Experiences / Qualifications

• Bachelor’s degree in data science, statistics, finance, business administration, business information systems, computer science, or a related field; relevant professional certifications in AML, compliance, or data science is a plus.
• Experience: Minimum of 10-15 years in the financial services industry, including hands-on experience with AFC / sanctions analytics and compliance role. Proficiency in data analysis tools and software, such as SQL, R, Python, SAS or Network Link Analysis is preferable.
• Strong analytical, problem-solving, with the ability to think strategically and make data-driven decisions.
• Good knowledge/understanding of AML/CFT regulations, best practices and financial products and AML systems and Financial Crime.
• Proven experience in developing and implementing large-scale AFC / Sanctions analytics strategies and solution.
• Keep abreast of new emerging industry trends and technologies in the field of AML/CFT, Financial Crime, AI, Analytics and Automation.
• Possess proven track records in project management, ability to multi-task and execute deliverables within tight timelines.
• Ability to work effectively under pressure in a rapid changing environment, as well as autonomously and as an effective member of a dynamic team
• Possess knowledge in deploying data analytics or data visualization or automation during work
• Exceptional interpersonal and communication skills, with the ability to work across multiple departments and to drive discussions, manage and influence senior stakeholders.
• Agile, inquisitive, self-driven, and capable of adapting to dynamic environments. Strong focus on integrity and meticulous attention to detail. Strong project management skills with experience in leading large projects and establishing new operating models.

Additional Requirements