This job offer is not available in your country.
AML VP, Bank
RandstadSingapore30+ days ago
Job descriptionBachelor’s degree from a recognised institution Minimum 10-12 years of relevant AML / FCC Compliance experience Strong knowledge of AML laws, regulations, and industry best practices, including familiarity with regulatory bodies and reporting requirements Excellent analytical and problem-solving skills, with the ability to assess risks and implement effective controls
About the job
You will be a key member of the Compliance team, with a scope of duties including :
- Support the MLRO in developing, implementing, and maintaining an effective AML program that aligns with regulatory requirements and industry best practices
- Provide AML / CFT / Sanctions / ABC advisory to the business and be a subject matter expert on interpretation of policies, procedures and regulations
- Collaborate with various internal stakeholders, including legal and risk management, and business to ensure consistent AML compliance application across the organization
- Assist in the preparation and submission of timely and accurate regulatory reports, including suspicious activity reports (SARs) and other required filings
- Keep updated of changes in AML laws, regulations, and industry trends to ensure the organization's policies and procedures are up to date
- Participate in internal and external audits and examinations related to AML compliance
- Assist in maintaining effective relationships with regulatory authorities, acting as a point of contact for AML-related matters
skills and experience required