Compliance Analyst (AML, Regulatory Reporting & Monitoring)

Role Purpose:

The Compliance Analyst supports the Company's compliance and AML/CFT functions in ensuring ongoing adherence to the Payment Services Act 2019 (PSA), applicable MAS Notices and Guidelines, and internal compliance policies. The role focuses on AML/CFT operations, regulatory reporting, and compliance monitoring under the three lines of defence framework.

Key Responsibilities:

1. AML/CFT Operations (PSA / MPI Focus)

- Support implementation and day-to-day execution of AML/CFT controls in line with MAS Notices PSN01 and relevant notices and guidelines

- Perform CDD, EDD, customer risk assessments, and periodic reviews.

- Conduct sanctions, PEP, and adverse media screening and escalate alerts appropriately.

- Assist in transaction monitoring reviews and STR preparation and filing.

- Maintain AML/CFT records in accordance with MAS record-keeping requirements.

2. Regulatory Reporting & MAS Submissions

- Assist in preparation and submission of regulatory filings and returns under the PSA.

- Support responses to MAS queries, inspections, and supervisory reviews.

- Maintain the regulatory obligations register and track submission deadlines.

- Prepare compliance and AML reports for Senior Management and Board Committees.

3. Compliance Monitoring & Testing

- Execute compliance monitoring activities under the Compliance Monitoring Plan.

- Conduct thematic reviews and control testing of AML/CFT processes.

- Document findings and track remediation actions.

4. Policies, Procedures & Governance

- Assist in drafting and reviewing AML/CFT and compliance policies and SOPs.

- Support EWRA and AML risk assessment reviews.

- Maintain breach registers, incident logs, and regulatory correspondence.

5. Training & Awareness

- Support AML/CFT and compliance training programmes.

- Maintain training records and promote compliance awareness.

6. Ad-hoc Support

- Support licensing, regulatory change, and compliance projects as required.

Key Requirements:

Qualifications

- Bachelor's degree in Law, Finance, Accounting, Business, or related discipline.

- ICA, ACAMS, or equivalent certifications preferred.

Experience

- 1–3 years of compliance or AML/CFT experience in financial services or payment institutions.

- Exposure to MAS-regulated entities under the PSA preferred.

Skills & Attributes

- Strong understanding of MAS AML/CFT requirements.

- Experience in regulatory reporting and compliance monitoring.

- High attention to detail, integrity, and professionalism.