AML Specialist

Are you an experienced and passionate AML professional with strong experience in conducting AML onsite reviews and AML audits on regulated Financial Institutions and PSPs? Then we might have the perfect role for you.

Banking Circle is a fully licensed, technology‑enabled bank processing over €1,5 trillion in payments every year - and growing. We exist to power the global economy’s most ambitious payments businesses with infrastructure that is fast, modern, and engineered for scale. Today, more than 800 people across 11 countries work together as one global team. We move fast, we think boldly, and we build with intent - because our clients depend on us to keep pace with the world’s most dynamic payments flows. We are expanding globally, scaling our capabilities, and deepening our impact, so if you want to shape the future of financial infrastructure - this is the place.

Your team welcomes you with open arms

As our new AML Specialist in our Business AML team in Singapore, you’ll experience an open and knowledge driven culture, where everyone can thrive, connect with colleagues, learn and grow. Here you will be empowered to make an impact every day.

In this role you will get the chance to perform detailed reviews of our client’s AML and compliance framework, while showing an in depth understanding of the expected or existing flow of funds and the associated risks. This role includes travel, which is coordinated with clients, and you will lead onsite visits with the relationship manager at the clients’ site. Post-onsite, you will provide feedback to clients, where applicable, and be responsible for drafting high standard reports detailing our findings and recommendations, whilst assessing them against the clients’ local regulatory requirements and Banking Circle’s own internal policies and risk appetite.

We offer a hybrid work model for our employees to allow for flexibility and productivity. However, we do expect you to spend most of your time in the office to build community and efficiency in the team.

Exciting work is waiting for you

• Review and analyze AML policies and procedures of clients
• Lead collaboration with internal teams and stakeholders to ensure an informed visit to the client
• Demonstrate strong regulatory knowledge of our client base across jurisdictions
• Collaborate with our Transaction Monitoring team to review payment flows and identify risks
• Have a strong understanding of correspondent banking, payment flows and solutions to ensure risks and required mitigants are understood
• Produce high standard onsite reports in timely manner following the onsite visit
• Present findings to senior management/onboarding committee

Things we’ll look for on your resume

To be the right candidate for this position, we expect you to have a solid experience from a similar role, where you have gained 5+ years of experience performing onsite reviews or AML audits on regulated Financial Institutions and high-risk businesses. Web3 knowledge is desirable or an advantage. Furthermore, it is desirable if you have financial crime related professional qualifications and experience in developing processes. Expertise or experience within cryptocurrency controls and frameworks would be an advantage.

You are pragmatic and can review AML procedures and policies to identify gaps and recommendations, and you have strong analytic skills and critical thinking. Also, you are an expert user of Microsoft Excel and PowerPoint. An AML certification would be an advantage.

As a person you are highly organized and proactive, and you possess strong communication and engagement skills. You are adaptable, and you can work independently as well as part of a team in a fast-paced environment.

Banking Circle is an international company. Our internal workforce consists of over 50 nationalities, and our clients and partners are located all over the globe. Therefore, our company language is English. Proficiency in Mandarin and/or Cantonese would be an advantage due to our clientele in the region.

We are proud to be an equal opportunity employer, and all qualified applicants will receive consideration for employment without regard to race, colour, age, religion, sexual orientation, national origin or any other characteristic protected under federal, state or local laws, regulations and ordinances. To learn more about Banking Circle, visit us at www.bankingcircle.com