Talent.com
This job offer is not available in your country.
Compliance Specialist - Transaction Monitoring (RT) - TALENTVIS SINGAPORE PTE. LTD.

Compliance Specialist - Transaction Monitoring (RT) - TALENTVIS SINGAPORE PTE. LTD.

TALENTVIS SINGAPORE PTE. LTD.D09 Cairnhill, Orchard, River Valley, SG
3 days ago
Job description

Roles & Responsibilities

Seeking for a Compliance Specialist to join its Compliance Department. This role plays a vital part in safeguarding the bank’s integrity by ensuring robust transaction monitoring, compliance with AML / CFT regulations, and timely detection of suspicious activities.

Key Responsibilities

As a Compliance Specialist (Transaction Monitoring), you will be responsible for :

Transaction Monitoring & Investigations

  • Conduct second-level review and analysis of trade transactions, remittances (including cheques / cash), to detect potential Anti-Money Laundering (AML) and Countering the Financing of Terrorism (CFT) concerns.
  • Provide approval for escalations and document risk assessments and mitigation strategies supporting advisory decisions.
  • Review and investigate post-transaction monitoring alerts generated by the Transaction Monitoring System, performing post-transaction analysis where necessary.

Suspicious Activity Detection & Reporting

  • Ensure effective and timely identification of suspicious activities and transactions.
  • Prepare and report suspicious transaction reportsto the relevant authorities in compliance with regulations.

    • Compliance Advisory & Coordination

  • Collaborate with Business Units and Operations to provide transaction monitoring advisory and guidance.
  • Assist in updating internal local lists, high-risk country lists, and reviewing watchlist reports.
  • Support Business Units / Operations with transaction escalations.

    • Reporting & Process Improvement

  • Assist with daily and monthly AML report checks.
  • Extract and compile documents for audit reviews.
  • Provide statistics and analytical insights to strengthen compliance monitoring.
  • Maintain a current understanding of AML regulations, trade-based money laundering red flags, sanctions, and best practice trends.
  • Identify opportunities to improve monitoring processes and compliance frameworks.

    • Ad Hoc Duties

  • Undertake KYC reviews and other compliance-related assignments as required.

    • Job Requirements

    Educational Qualifications :

  • Recognized degree in Law, Accounting, Finance, Economics, or related fields.

    • Experience :

  • Minimum 3–5 years of total work experience in the financial industry.
  • At least 3 years in AML / CFT Compliance with a focus on Transaction Monitoring and Investigations.
  • Knowledge of Trade Enhanced Customer Due Diligence (Trade ECDD) and other transaction due diligence processes.

    • Technical Knowledge :

  • Strong understanding of financial products : Trade Products, Remittances, Cheques, GIRO.
  • In-depth knowledge of MAS regulations (MAS Notice 626, Guidelines to MAS Notice 626, best practice papers).
  • Strong knowledge of sanctions and AML / CFT compliance frameworks.

    • Skills & Competencies :

  • Strong analytical skills with meticulous attention to detail.
  • Investigative mindset with the ability to detect anomalies and escalate issues.
  • Strong written communication skills to document findings, recommendations, and compliance comments.
  • Good interpersonal skills with the ability to communicate clearly across teams.
  • Proactive, hands-on, independent worker with ability to manage multiple tasks.
  • Team player with initiative and problem-solving capability.

    • Certifications (Preferred) :

  • ACAMS (Association of Certified Anti-Money Laundering Specialists)
  • ICA (International Compliance Association)

    • Interested candidates are encouraged to submit their resumes along with a cover letter outlining their relevant experience and achievements to apply79@talentvis.com or click apply now!

  • We regret to inform that only shortlisted candidates would be notified

    • Talentvis Singapore Pte Ltd | EA License No : 04C3537

    EA Personnel Name : Reggie Tiongson | EA Personnel No : R1324767

    Tell employers what skills you have

    Due Diligence

    Analytical Skills

    Process Improvement

    Interpersonal Skills

    Structured Trade Finance

    Know Your Client - KYC

    Transaction Due Diligence

    Economics

    Trade Finance

    Accounting

    Compliance

    Attention to Detail

    AML

    Statistics

    Trade finance product

    Team Player

    Regulatory Requirements

    KYC

    Audit

    Create a job alert for this search

    Compliance Specialist • D09 Cairnhill, Orchard, River Valley, SG