Aml Compliance Specialist

ADVANCE.AI is a leading AI company that provides digital transformation, fraud prevention, and process automation solutions for enterprise clients. A leader in Artificial Intelligence, risk management and digital lending solutions, it currently partners over 700 enterprise clients across banking, financial services, fintech, payment, retail and e-commerce sectors. ADVANCE.AI has a global footprint across 11 markets in 3 continents.ADVANCE.AI is a leading AI company that provides digital transformation, fraud prevention, and process automation solutions for enterprise clients. A leader in Artificial Intelligence, risk management and has a global footprint with operations across ASEAN and wider APAC and Latin America it currently partners over 700 enterprise clients across banking, financial services, fintech, payment, retail and e-commerce sectors. ADVANCE.AI has a global footprint across 12 markets in 3 continents.
- ADVANCE.AI is part of Advance Intelligence Group,
- **a Series D-backed Tech Unicorn valued at US$2 billion**, and also one of the largest independent technology startups based in Singapore. Founded in 2016, the Group has presence across South and Southeast Asia, Latin America and Greater China. The Group is backed by top tier investors SoftBank Vision Fund 2, Warburg Pincus, Northstar,Vision Plus Capital, Gaorong Capital, Pavilion Capital, GSR Ventures and Singapore-based global investor EDBI.- Ranked as the
- **No.1 Top Startup in Singapore in 2021**, we are partners with 700+ enterprise clients across Southeast Asia, South Asia and Mexico in sectors such as banking, financial services, fintech, payment, retail and e-commerce.- Advance Intelligence Group employees are united by a shared vision and purpose: to
- **Advance with Intelligence for a Better Life-for our customers, colleagues and communities.**
- Our culture is built on values that are core to who we are and what we stand for:

- We foster an **INNOVATION** mindset
- We achieve results with **EFFICIENCY** and excellence
- We take pride in the **QUALITY** of our work
- We uphold **INTEGRITY** in all we do
- We embrace **COLLABORATION** to work across business lines and borders

**About the team**:
As digital transformation continues profiteering around the world, it is becoming ever crucial to provide a seamless, safe and compliant way to establish trust between organizations and customers they serve in the digital world, whether it is with an individual or another business.
And this trust over digital identity is not a one-off exercise only happening on digital onboarding, but remains relevant and pivotal to all other digital interactions on an ongoing basis, such for the purpose of strong user authentication, fraud prevention and sustainable compliance. We, advancers, are actively working on this mission to help establish this trust over digital identity by leveraging our unique capabilities in data, AI, and engineering to bring an end to end solution over a SaaS platform, as key enablers to grand visions of our clients such as financial inclusion, fighting financial crimes etc.
This role is a compliance guru from the broader AML/CFT space that is inspired to become part of this mission by working closely with industry practitioners and regulators to develop deep understandings of unsolved or emerging threats in this area, and provide advisory to the product and R&D team to collaboratively build up creative and innovative solutions to help
clients gain a competitive edge over AML/CFT compliance while balancing great customer experience, more broadly helping contribute to financial stability by eliminating financial crimes.

**Responsibilities**:

- Maintain expert knowledge of AML/CFT regulations and market practices applicable to major jurisdictions in South East Asia, exposure to other jurisdictions outside of SEA region is a

bonus;
- Work closely with representative clients spanning across different industries including Financial Institutions, Virtual Assets Service Providers(VASPs) and Designated Non-Financial Businesses (DNFBs) to develop a deep understanding of common financial crime controls, internal policies, implementation and operation;
- Regularly review AML/CFT publications and reports (regulatory disclosures, recommendation, metrics etc. ) to identify key trends, areas of opportunity and to generally stay abreast of critical AML/CFT program, control framework and governance structure;
- Participate in regional AML forums to engage with regulators and industry practitioners to develop credibility and thought leadership on best practices, case studies and trends;
- Actively engage with both internal and external AML/CFT audits, and regulatory exams to develop a clear framework on demonstrating structured transparency to regulatory audits;
- Collect and analyze feedback from customers, stakeholders and other teams, consolidate them into requirements, features and end products Communicate with senior management with prod