Global Financial Crimes Compliance, Head of Asset

**Location**

Singapore, Central Singapore

**Job Type**

**Salary**

$15,000 - $30,000 Per Month

**Date Posted**

4 hours ago

Additional Details

**Job ID**

1196

**Job Views**

1

**Job Description**:
Roles & Responsibilities

**DESCRIPTION/RESPONSIBILITIES**:
**What it Means To Work Here**

Here, you'll feel welcomed and valued. Our clients, transactions, deals and projects are global so we work hard to create diverse, inclusive teams that support our business and each other. Learn about our culture here.

**About J.P. Morgan’s Asset and Wealth Management**

J.P. Morgan Asset & Wealth Management delivers industry-leading investment management and private banking solutions with client assets of $4 trillion. Asset Management provides individuals, advisors and institutions with strategies and expertise that span the full spectrum of asset classes through our global network of investment professionals. Wealth Management helps individuals, families and foundations take a more intentional approach to their wealth or finances to better define, focus and realize their goals.

**Our Team**

**Responsibilities**
- Principal Responsible Person/ Manager-in-Charge - Accountable for overseeing the implementation and operation of an effective AML/CFT Program in Asset Management and Private Bank under the HKMA and SFC Management Accountability Regime.
- Governance, Controls and Compliance Oversight - Support APAC AWM to ensure compliance with internal AML policies, procedures and external regulations and expectations; Oversee the development and effectiveness of AWM AML program, control framework and governance structure to ensure compliance with relevant AML legislations; maintain an open relationship with the regulators
- Client KYC - Develop and oversee the implementation of the client identification and on-boarding program; Advise AWM on KYC requirements and risk assessments relating to PEPs, High Risk customers and other AML related issues
- Transaction Monitoring and Reporting - Ensure the transaction monitoring system is effective in identifying suspicious activities and Suspicious Transaction Reports (STRs) are filed with relevant authorities on a timely manner
- Policies and Procedures - Oversee the AML/ Sanctions related policies and procedures to ensure alignment with both internal and regulatory requirements
- Team Management - Manage team staffing levels and team affairs including performance management, people development and hiring
- Staff Training and Risk Awareness - Ensure GFCC team members, supporting functions and front office members are provided with adequate and appropriate training on the latest AML / Sanctions requirements and trends; Provide global, regional, and local senior management with regular updates on key issues and emerging risks
- Reporting - Report material matters to relevant boards and governance committees; participate in management committees
- Regulatory / Industry Engagement - Participate in regulatory engagement and / training sessions as well AML / Sanctions related industry forums. Maintain a strong relationship with local regulators and discuss significant matters as required
**Qualifications**
- 10+ years of AML Advisory experience with financial institutions, preferably in Private Banking and/ or Asset Management
- Excellent verbal and written communication skills in English
- Fluency in Cantonese or Mandarin, written and spoken would be needed as this role is expected to work closely with clients from North Asia
- Familiarity and experience in AML/CFT requirements in Asset Management and Private Bank - locally, regionally as well as FATF and other international standards
- Strong leadership, presentation and problem-solving skills
- Team management experience
- Ability to work in a fast-paced, dynamic and demanding environment
- Strong attention to detail and control/quality awareness
- Bachelor’s degree, preferably in Accounting / Business / Economics / Finance / Law

We recognize that our people are our strength and the diverse talents they bring to our global workforce is directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, or disability, or any other basis protected under applicable local law. In accordance with applicable local law, we make reasonable accommodations for applicants’ and employees’ religious practices and beliefs, as well as any mental health or physical disability needs.

Tags

global

financial

crimes

compliance

head

of

asset

and

wealth

management

executive

director

singapore