Assistant Vice President, Financial Crime Compliance

Job Description

Assisting Head of Risk Management & Compliance and Team Lead Risk & Regulatory Management in development and implementation of framework, process and best practices to maintain and/or mitigate any regulatory risk to acceptable standards.

• Review daily name screening alerts and conduct timely disposition in accordance with internal guidelines and MAS regulations.

• Review client onboarding to ensure proper CDD, ECDD for higher risk clients, including source of wealth/ source of funds verification.

• Conduct transaction monitoring to ensure that the transactions are consistent with PIAS' knowledge of the customer, its business, risk profile and where appropriate, the source of funds.

• Provide advisory support on escalations/queries from various business units.

• Draft and prepare Suspicious Transaction Reports

• Assist in developing, implementing and maintaining the AML/CFT...