Senior Aml Project Manager

**Location**
- Singapore, Central Singapore**Job Type**
- Permanent**Salary**
- $5,000 - $10,000 Per Month**Date Posted**
- 7 hours agoAdditional Details

**Job ID**
- 95928**Job Views**
- 28Roles & Responsibilities

**Position Purpose**

Part of IT and Operations APAC (ITO), Client Engagement and Protection (ITO CEP) is focusing on:
1. Client centricity through the KYC onboarding and recertification of CIB clients (corporates and financial institutions) and the management of referential processes (client accounts etc).
2. A robust Control framework to protect the Bank and its clients, through due diligence controls and the clearing of AML alerts for CIB APAC clients across business lines: Cash Management, Global Markets, Trade Finance and Correspondent Banking.

The AML Transaction Monitoring set-up was transferred from Compliance to ITO CEP in 2020, and is undergoing in-depth transformation in terms of governance, tool implementation, management of false hits etc, for a key risk area for the Bank.

Under the leadership of the AML TM L1 Team Head, the Team leader role is critical to drive change and implement an enhanced AML set-up across CIB APAC, in strong partnership with Business Lines and Compliance in the region, and also globally with ITO Financial Security and AML IT teams notably.

Based in Singapore, this regional role also includes exposure to ITO and APAC Senior Management.

**Key Responsibilities**
- Plan, coordinate and ensure proper implementation projects affecting AML framework in APAC.
- Ensure data analysis / testing / tuning / Change management are properly performed and auditable prior to any operational Go-Live
- Ensure calibration of the AML Transaction Monitoring tool is relevant
- Draft the relevant Standard Operating Procedures and ensure validation by relevant stakeholders and training towards the analysts
- Supervising, guiding and motivating a small team to deliver projects within timelines
- Act as liaison with AML analysts and regional or Global ITO / IT stakeholders
- Assess Money Laundering / Terrorism Financing risks and implement mitigation actions and controls
- Ensure risk frameworks are designed well and operating efficiently
- Ensure proper mapping of data, processes, tools, identify risks areas and potential efficiencies.
- Identify process or tool efficiencies and coordinate their implementation when relevant.
- Coordinate meetings with stakeholders to review project status and potential risks
- Ensure Business Requirements for AML initiatives are properly defined and implemented in systems
- Ensure documentation and implementation of enhanced processes and tools
- Ensure ongoing data analysis and rapid resolution of issues pertaining to the AML Framework and business requirements are performed to ensure smooth daily operations and relevant KPIs tracking.
- Facilitate teams in handling internal audit and regulatory/law enforcement agency requests/investigations.
- Manage risks to the APAC deployment program in processes and technology, develop solutions and escalate significant issue to management in a timely and clear/concise manner
- Prepare and present indicators and reports on projects / initiatives
- Prepare Management presentations to ensure awareness of AML program, trends & opportunities
- Ensure close collaboration with control functions (OPC,Compliance) to address any ad-hoc initiatives
- Ensure AML projects and initiatives are executed in line with Group AML/FS requirements as per relevant policies and procedures
- Perform post implementation reviews to identify areas of improvement and implement identified recommendations for future projects
- Stay abreast of current business and industry trends relevant to the Bank

**Competencies (Technical / Behavioural)**
- At least 10 years’ experience in banking /financial industry/consulting firm or handling AML transaction monitoring projects and investigation.
- A good understanding of corporate banking and trade finance transactions in an AML environment
- Experience in managing AML programs execution from quality and efficiency perspective
- Experience with evaluating AML/KYC program requirements and identify process improvements
- Ability to define tools requirements for IT/ITO stakeholders
- Familiar with international AML regulations and sanctions.
- Ability to lead and motivate a team as well as work independently
- Good project management, analytical and problem solving abilities
- Builder mindset, proactive, able to work effectively with internal and external stakeholders, able to multi-task and meet tight deadlines
- Excellent written and verbal communication skills
- Experience creating and delivering presentations to Senior Management
- Proven ability to execute in a fast paced and deadline driven environment
- Must have strong interpersonal skills, a flexible, collaborative and team-oriented approach to problem-solving
- Ability to work in a fast-paced environment with some experience of dealing in