Compliance Specialist

1 month ago

Singapore Bank of Singapore Full time
At Bank of Singapore, we are constantly on the lookout for exceptional individuals to join our team. We promote a culture of openness, teamwork and fairness. Most importantly, we invest in our people through our programmes that develop them on both professional and personal levels. Besides attractive remuneration packages, we offer non-financial benefits and opportunities to develop your potential within OCBC Group’s global network of subsidiaries and offices. If you have passion, drive and the will to succeed, rise to the challenge today

GENERAL DESCRIPTION

This position within the Client Onboarding Team of the Financial Crime Compliance Department is responsible for onboarding of all new High risk clients of the Bank. The successful candidate is expected to be knowledgeable in AML and SOW principles to be able to analyse situations to identify gaps and risks in KYC information and documentation, and to be able to work well within a team and yet take initiative and ownership over his/her own area of work.

MAIN DUTIES
  • Ensure timely, quality CDD review and risk assessment of new BOS Singapore-booked High risk accounts and OCBC Segment C accounts.
  • Advise Front Office on client onboarding matters such as deficiencies of KYC information and documentation for onboarding.
  • Identify and assess risk issues relating to High risk clients during onboarding and provide appropriate resolution and decision making.
  • Keep abreast of changes to regulatory requirements for AML/CFT and communicate changes internally with a view to ensuring established policies, procedures and processes are compliant with new requirements.
  • Identify gaps and implement on-boarding controls and system/process enhancement that are fit for purpose and to address current and future requirements in a rapidly changing regulatory environment and an evolving AML landscape, in line with industry best practices.
  • Assist Head of Client Onboarding and Deputy Head of Client Onboarding in the discharge of their duties as required from time to time.
  • Support the execution and implementation of the Bank's strategic initiatives.
  • Liaise with internal and external auditors on AML/CFT queries related to Singapore.
  • Prepare weekly and monthly reports to Senior Management on periodic review statistics in Singapore.

Qualifications

WORK EXPERIENCE REQUIREMENTS
  • At least 5 years relevant experience in AML and SOW/KYC in a private banking environment.
  • Knowledgeable and sensitive to the risks involved in onboarding various types of private banking clients, including complex structures like trusts, foundations, and private investment companies.
  • Experience in investigating suspicious transactions would be beneficial.
  • Familiar with excel and preparation of statistics for reporting.
  • Good communication and interpersonal skills.
  • Commercial astuteness.
  • Self-motivated personality with the ability to make things happen.
  • Ability to work independently, determine priorities and meet deadlines.
EDUCATION REQUIREMENTS
  • University degree or higher education.
  • Professional certifications such as ACAMS or ICA would be an added advantage.

  • Compliance Specialist

    4 hours ago

    Singapore CHAPTR CONSULTING PTE. LTD. Full time

    Roles & ResponsibilitiesThe CompanyOur client is a well-established financial services firm seeking to expand their compliance team in 2024. They are currently looking for a Compliance Specialist to support this growth.The RoleAs a Compliance Specialist, you will lead independent investigations involving interviews and report writing to prevent market...

  • Compliance Specialist

    2 months ago

    Singapore Bank of Singapore Full time

    Compliance Specialist - Client Review (Manager / AVP)At Bank of Singapore, we are constantly on the lookout for exceptional individuals to join our team. We promote a culture of openness, teamwork and fairness. Most importantly, we invest in our people through our programmes that develop them on both professional and personal levels. Besides attractive...

  • Operations and Compliance Specialist

    1 day ago

    Singapore MyCareersFuture Full time

    Job SummaryMyCareersFuture is seeking a highly skilled and detail-oriented Operations and Compliance Specialist to join our dynamic team. As an Operations and Compliance Specialist, you will play a key role in supporting the day-to-day operations of our company, ensuring smooth operational processes and maintaining legal and regulatory standards.Key...

  • Officer, Compliance Specialist

    5 days ago

    Singapore Aeon Search Consulting Full time

    About the RoleWe are seeking a highly skilled Officer, Compliance Specialist to join our team at Aeon Search Consulting. As a key member of our organization, you will play a critical role in ensuring the highest standards of compliance and risk management.Key ResponsibilitiesClient Onboarding and Due Diligence: Conduct thorough client onboarding and due...

  • Compliance Senior Specialist

    4 hours ago

    Singapore RECRUITPLUS CONSULTING PTE. LTD. Full time

    Roles & ResponsibilitiesJob Summary:Our client, a reputable leader in the mobility industry, is actively seeking a Senior compliance specialist to join their dynamic team. This role will Primarily support the compliance job scope, administering Singapore compliance programs and Speak Up systems.Job Summary:-Manage and develop policies in compliance.-Provide...

  • Card Payments Compliance Specialist

    4 hours ago

    Singapore WISE ASIA-PACIFIC PTE. LTD. Full time

    Roles & ResponsibilitiesWe’re looking for a Card Payments Compliance Specialist to join our team in the Singapore office. This role is a unique opportunity to have an impact on Wise’s mission, grow as a professional, help save millions more people money and work in a disruptive, fast-growing and fun environment.Your mission:Wise has already pioneered new...

  • Card Payments Compliance Specialist

    3 weeks ago

    Singapore Wise Full time

    Job Description We're looking for a Card Payments Compliance Specialist to join our team in the Singapore office. This role is a unique opportunity to have an impact on Wise's mission, grow as a professional, help save millions more people money and work in a disruptive, fast-growing and fun environment. Your mission: Wise has already pioneered new ways...

  • GMP Compliance Specialist

    1 day ago

    Singapore MyCareersFuture Full time

    Job SummaryWe are seeking a highly organized and detail-oriented GMP Compliance Specialist to join our team at MyCareersFuture. As a key member of our regulatory affairs team, you will be responsible for ensuring compliance with Good Manufacturing Practices (GMP) regulations and guidelines.Key ResponsibilitiesPrepare and submit registration documents to...

  • QOHSE & ISO Compliance Specialist

    1 day ago

    Singapore MyCareersFuture Full time

    **Job Summary**MyCareersFuture is seeking a highly skilled QOHSE & ISO Compliance Specialist to join our team. As a key member of our organization, you will play a crucial role in ensuring compliance with QOHSE & ISO standards.**Key Responsibilities:**Assist in the maintenance and compliance of QOHSE & ISO standards, including gathering and monitoring of...

  • Senior Financial Compliance Specialist

    1 day ago

    Singapore MyCareersFuture Full time

    **Job Summary**MyCareersFuture is seeking a highly skilled Senior Financial Compliance Specialist to join our team. As a key member of our compliance department, you will be responsible for reviewing and analyzing customer profiles to identify potential risks and developing strategies to mitigate them.**Key Responsibilities:**Conduct thorough risk...

  • Specialist Compliance Partner

    4 weeks ago

    Singapore MSD Full time

    Job Description• Based in Singapore, the regional hub for Asia Pacific (AP) and top-ranked biopharmaceutical company on The Straits Times and Statista's list of Best Employers in Singapore for two consecutive years (2020, • Join the premier biopharmaceutical company that has been in Singapore for more than 25 years and in AP for over 60 years.The...

  • Tax Compliance Specialist

    5 days ago

    Singapore Bank of Singapore Full time

    About the RoleWe are seeking a highly skilled Tax Compliance Specialist to join our team at Bank of Singapore. As a key member of our financial crime compliance function, you will play a critical role in ensuring the effective management of client tax risks and compliance with regulatory requirements.Key ResponsibilitiesDevelop and implement a comprehensive...

  • Compliance Senior Specialist

    1 month ago

    Singapore JointHire Singapore Pte Ltd Full time

    Job Title: Compliance Senior SpecialistIndustry: Retail / MerchandiseSalary: SGD 4100 - 4700Location: Central, SingaporeAbout Company:Our client was established in 1990 and is one of Top 100 Best Employers in Singapore. It is the regional corporate headquarters, that leads and supports the Asia Pacific region in sales and marketing activities, service parts,...

  • Compliance Senior Specialist

    1 month ago

    Singapore JointHire Singapore Pte Ltd Full time

    Job Title: Compliance Senior SpecialistIndustry: Retail / MerchandiseSalary: SGD 4100 - 4700Location: Central, SingaporeAbout Company:Our client was established in 1990 and is one of Top 100 Best Employers in Singapore. It is the regional corporate headquarters, that leads and supports the Asia Pacific region in sales and marketing activities, service parts,...

  • Compliance Officer

    1 month ago

    Singapore Eames Consulting Full time

    Job Description Compliance Specialist - Global Financial Firm Are you a seasoned compliance professional seeking a role that offers both challenge and reward? This prestigious global financial firm, regulated in multiple jurisdictions including Singapore, is looking for a Compliance Specialist to join its dynamic team. This is a chance to elevate your...

  • Governance, Risk, and Compliance Specialist

    1 day ago

    Singapore MyCareersFuture Full time

    **Job Summary**MyCareersFuture is seeking a highly skilled Governance, Risk, and Compliance Specialist to join our team. As a key member of our organization, you will be responsible for advising end users on aspects of Governance, Risk, and Compliance within Security Management.**Key Responsibilities**Collaborate with various teams within the organization to...

  • Specialist Compliance Partner

    3 months ago

    Singapore MSD Full time

    Job Description•    Based in Singapore, the regional hub for Asia Pacific (AP) and top-ranked biopharmaceutical company on The Straits Times and Statista’s list of Best Employers in Singapore for two consecutive years (2020, 2021). •    Join the premier biopharmaceutical company that has been in Singapore for more than 25 years and in AP for...

  • Compliance Specialist

    5 days ago

    Singapore Bank of Singapore Full time

    About the RoleWe are seeking a highly skilled Compliance Specialist to join our Financial Crime Compliance Department at Bank of Singapore. As a key member of our Client Review Team, you will be responsible for the periodic review of existing accounts to identify and mitigate potential risks.Key ResponsibilitiesPeriodic Review and Risk Assessment: Conduct...

  • Corporate Governance and Compliance Specialist

    1 day ago

    Singapore MyCareersFuture Full time

    Job DescriptionAt MyCareersFuture, we are seeking a highly skilled and experienced Corporate Governance and Compliance Specialist to join our team. As a key member of our organization, you will play a crucial role in ensuring that our company complies with all legal and regulatory requirements.Key Responsibilities:Regulatory Compliance: Ensure that our...

  • Compliance Specialist

    5 days ago

    Singapore Bank of Singapore Full time

    About the RoleThe Compliance Specialist - AML Monitoring will assist the Team Head of Client Monitoring in ensuring smooth operations of Anti-Money Laundering (AML) Monitoring functions. The incumbent will be involved in the day-to-day operations of AML Monitoring, including review of transaction surveillance cases.Key ResponsibilitiesInvestigate into...