Senior Manager, Fcso Afc Controls

Job ID: 28162

Location: Singapore, SG

Area of interest: Operations

Job type: Regular Employee

Work style: Office Working

Opening date: 13 May 2025

**Job Summary**
- Individual would be responsible for dual responsibilities, firstly to support Country Head of FCSO to discharge responsibilities from an FCSO Investigation perspective and secondly to support Country Head of FCSO insofar as they relate to the management and oversight of controls related processes. The incumbent has to be mindful of conflict of interest in discharging the dual responsibilities.**About our Technology & Operations Team**
- Our Technology & Operations (T&O) team is the powerhouse for the Bank. We aim to go further, faster, to ensure we're agile and ready for tomorrow, today. Our diverse network enables us to innovate and build banking solutions that support communities to prosper. We're a place where talented people are encouraged to grow, learn, and thrive, to drive their own career journeys, to reach their full potential.- When you work with us, you’re protecting the reputation and legacy of a 170 year organisation and building on it. We’re driven by progress and continuously evolving to ensure we’re agile and ready for tomorrow, today.- for identifying suspicious transactions / activities, in compliance with Group policy and procedures, laws and regulations in Singapore on AML/CFT.- To support Country Head of FCSO to lead and manage the Singapore Financial Crime Surveillance Operations (FCSO) Team, including but not limited to- Providing guidance and training to Case Investigation Specialists and relevant value chain stakeholders (e.g. FCSO-AA, FCSO-QCO, and FCSO-RFI);
- Monitoring relevant metrics and lead requisite actions to intervene, where required;
- Establishing and maintaining effective working relationship with relevant stakeholders including but not limited to Business Units, FCC and like;
- Securing credible audit / review outcome for the unit;
- Ensuring timely reporting and escalation of significant risk issues to management; and
- Supporting initiatives to enhance relevant work processes for both effectiveness and efficiency purpose

**People & Talent**
- Promote and embed a culture of openness, trust and risk awareness, where ethical, legal, regulatory and policy compliant conduct is the norm.
- Stimulate an environment where forward planning, prioritisation, deadline management and streamlined workflows and collaborative, inclusive yet effective and efficient work practices are the norm.
- Collaborate with training teams to input to training curriculum to support closing of capability gaps.
- Ensure Country is adequately resourced and staffed by an appropriate number of competent staff sufficiently independent to perform duties objectively, to support sustainable business growth and address financial crime risks.
- Ensure staff in Country have clearly articulated and well understood roles and responsibilities through meaningful and accurate job descriptions.
- As applicable to activities managed under FCSO Controls- Maintain oversight of risk mitigating action plans.
- Understand technical aspects of systems relevant to CDD, Client Risk Assessments, Name and Transaction Screening, AML Monitoring and Case Management
- Ensure that detection scenarios that are developed and deployed are fit-for-purpose.
- Make recommendations (and/or implement) to relevant stakeholders on possible risk management responses to identified risks and/or findings of concerns from investigations.
- Inform senior management and relevant regulators of serious regulatory breaches (or where risk tolerances have been breached) and ensure that actions are taken quickly to remediate and/or activities are ceased.
- Anticipate horizon risks in the area of financial crime that may have a significant impact on the Group and develop effective strategies to mitigate such horizon risks.
- Ensure that significant investigations are concluded internally and externally where relevant (including cross-border).
- Provide intelligence inputs to support calibration of bank’s Risk Methodologies (including aggregate client risk, product risk and country risk assessments).
- Ensure that the relevant lists and database as used by the screening systems are up-to-date
- Ensure that detection scenarios that are developed and deployed are fit-for-purpose
- Review and assess existing system and controls relevant to FCSO to ascertain operational performance effectiveness
- Attend relevant meetings.
- Ensure tracking and remediation of surveillance and investigations related regulatory findings.
- In the event of serious regulatory breaches, or where risk tolerances have been breached, ensure senior management and relevant regulators are informed and that actions are taken quickly to remediate and/or activities are ceased.
- Propose control improvements, enhancements and simplifications where appropriate.
- Support all control checks undertaken by FCSO under the Op