Role Overview

We are seeking an experienced AML Compliance professional to join the Compliance team in a senior capacity. This role focuses on end-to-end financial crime compliance coverage, including transaction monitoring, sanctions screening, KYC/CDD/EDD reviews, regulatory reporting, and AML advisory support to the business.

Key Responsibilities

Monitor AML transaction alerts and conduct investigations into potentially suspicious activities, including escalation and preparation of Suspicious Transaction Reports (STRs) where required
Review and disposition sanctions screening alerts (including sanctions, PEP, and adverse media hits) in compliance with OFAC, UN, EU, and internal policies
Perform and review KYC/CDD/EDD assessments for corporate and private banking clients, including source of wealth/funds verification for higher-risk clients
Support ongoing client due diligence and periodic KYC reviews to ensure compliance with MAS Notice 626 and internal standards
Support FATCA and CRS data validation and reporting to ensure accuracy and regulatory compliance
Contribute to the development, enhancement, and optimisation of AML monitoring and screening systems
Participate in Enterprise-Wide Risk Assessment (EWRA), including risk identification, assessment, and control evaluation
Maintain and enhance AML/CFT policies and procedures in line with MAS regulations and Head Office requirements
Draft, review, and update internal AML frameworks, procedures, and control documents
Provide AML/CFT advisory support to business units on sanctions, onboarding requirements, and risk mitigation measures
Support regulatory submissions, audits, inspections, and compliance reviews
Deliver AML/CFT training and awareness sessions across business functions
Monitor regulatory developments and assist in implementation of new or updated requirements
Perform other duties as assigned by Head or Deputy Head of Compliance

Requirements

Bachelor's degree in Finance, Accounting, Business, Law, Economics, or related discipline
Minimum 4-6 years of AML/KYC compliance experience in banks or financial institutions
Strong experience in transaction monitoring, STR handling, and sanctions screening
Prior exposure to both corporate banking and/or private banking clients preferred
Strong understanding of MAS Notice 626 and global AML/CFT frameworks
Experience in regulatory reporting, audit support, and compliance advisory preferred
Strong analytical and problem-solving skills with attention to detail
Ability to work independently and manage multiple priorities
Excellent communication and stakeholder management skills
Fluent in English and Mandarin to liaise with internal and external Chinese-speaking stakeholders

Senior AML Compliance Officer (KYC, Transaction Monitoring & Financial Crime)