Business Compliance Risk & Policy Manager

As Singapore’s longest established bank, we have been dedicated to enabling individuals and businesses to achieve their aspirations since 1932. How? By taking the time to truly understand people. From there, we provide support, services, solutions, and career paths that meet their individual needs and desires.

 Today, we’re on a journey of transformation. Leveraging technology and creativity to become a future-ready learning organisation. But for all that change, our strategic ambition is consistently clear and bold, which is to be Asia’s leading financial services partner for a sustainable future.

 We invite you to build the bank of the future. Innovate the way we deliver financial services. Work in friendly, supportive teams. Build lasting value in your community. Help people grow their assets, business, and investments. Take your learning as far as you can. Or simply enjoy a vibrant, future-ready career.

Your Opportunity Starts Here.

Business Compliance Risk & Policy Manager

Job Description:

• Responsible to interpret, understand and review AML/CFT, Regulatory requirements / guidelines / policies & all business units’ procedures & processes requirements to ensure it is up to date & comply with latest requirements.
• Drafting, updating, and maintaining manuals, procedures, memos and processes / flow.
• Work closely with relevant stakeholders such as sales, Legal, Regulatory Compliance, FCC & etc. to ensure clear understanding of AML/CFT & regulatory requirements.
• Support division in providing operational and analytical support to colleagues, supervisor & management, such as:
• --Handle queries from frontline or internal teams related to AML/CFT & regulatory requirements, documentation, procedures & processes.
• --Support process improvements to enhance operational efficiency.
• Perform sampling checks, coordinate and ensure timely submission of regulatory compliance reports, action plan and gap analysis on regulations.
• Assist & coordination in audit, reviews.
• Coordinate and ensure completion of Business Continuity Management (BCM) related activities.
• Perform onboarding assessments, on-going & triggering review on new and existing customers, including Know Your Customer (KYC) and Customer Due Diligence (CDD), document verification, background checks, establishing beneficial ownership and performing transaction reviews, enhance due diligence (EDD) to ensure compliance with AML/CFT regulatory guidelines, Bank’s policies and procedures.
• Participate in ad-hoc assignments/projects, initiatives, and other duties as assigned by supervisors and management.
• Maintain up-to-date knowledge of AML/CFT laws, regulations, and industry best practices to uphold compliance standards.

Requirement:

• Professional qualification or university degree in Banking, Finance, Business, Law, Accounting, Economics, or a related field.
• Candidates with 2 to 3 years of relevant experience in banking, financial services with knowledge and understanding of AML/CFT & banking regulatory requirements including reporting will be an advantage.
• Able to work under pressure and cope with strict timelines.
• Able to work independently with minimal supervision and is a team player.
• Enthusiastic, flexible, and able to demonstrate initiative to take up challenges as well as varied roles.
• Possess good interpersonal and communication skills with ability to communicate effectively at different levels.
• Strong analytical, problem-solving and writing skills.
• Proficiency in Mandarin is an added advantage.

Competitive base salary. A suite of holistic, flexible benefits to suit every lifestyle. Community initiatives. Industry-leading learning and professional development opportunities. Your wellbeing, growth and aspirations are every bit as cared for as the needs of our customers.