Description

1. Review, enhance, and implement AML/CFT policies and procedures to ensure alignment with global standards, head office guidelines, and regulatory requirements.
2. Conduct timely review and disposition of SafeWatch alerts (primarily Level 2), ensuring same-day closure where possible, and providing well-documented justifications for alert closures. Alerts requiring additional information (RFI) or investigations should be appropriately escalated and tracked.
3. Perform daily monitoring, review, and follow-up of FCCM alerts, ensuring all alerts are managed and closed within the turnaround timelines stipulated in relevant policies and procedures.
4. Provide advisory support and guidance to the First Line of Defense and relevant stakeholders on AML, CFT, Proliferation Financing, Sanctions, and KYC matters.
5. Identify training needs across the branch and design and deliver AML/CFT-related training and coaching sessions on both a scheduled and ad hoc basis.
6. Coordinate with internal stakeholders to ensure timely responses to regulatory and government authority requests, and align responses with the Head of Compliance prior to submission.
7. Review and validate policies and procedures submitted by internal stakeholders to ensure compliance with MAS regulations, local laws, and Head Office requirements, and escalate to Head Office for further validation where required.
8. Oversee the preparation and submission of MIS reports to Head Office, ensuring accuracy, completeness, and timely circulation to the Country Manager and Head of Compliance for review.
9. Execute compliance assurance testing in accordance with the approved Compliance Assurance Plan, ensuring all scheduled reviews are completed effectively.
10. Review regulatory circulars and information requests to confirm relevance before dissemination to stakeholders, and monitor progress to ensure timely submission of required responses.
11. Maintain proper documentation and records of all compliance-related registers, submissions, policies, and reports in shared repositories, ensuring they are well-organized and easily retrievable.
12. Stay up to date with regulatory developments, emerging trends, and typologies related to AML/CFT, Sanctions, Proliferation Financing, and KYC, as well as broader regulatory expectations and market best practices.
13. Support the Head of Compliance and Senior Management on ad hoc tasks, projects, and regulatory initiatives as required.