Anti Money Laundering Officer - #1101869

AML Officer

About The Company

Sing Investments & Finance Limited (SingFinance) has 60 years of lending experience in the financing arena in Singapore. Our core activities include the acceptance of fixed and saving deposits from the public as well as the provision of loans and credit facilities to individuals and corporations, particularly the Small and Medium Enterprises (SMEs) in Singapore. The relationships that have been built over the years have earned us the reputation as one of Singapore’s trusted finance companies. We are seeking dynamic individuals to grow with us and to continue building relationships with our valued customers.

We are looking for an experienced AML Officer to join the AML team to support the company’s client on-boarding and ongoing monitoring activities and to ensure alignment with the company’s standards, policies and procedures and regulatory requirements.

Responsibilities:

• Conduct timely AML and KYC checks during the onboarding of retail mobile banking customers.

• Perform periodic reviews of existing customer accounts based on risk classification.

• Review customer documentation and risk profiles to ensure compliance with internal policies.

• Execute AML trigger reviews in response to events such as change in customer’s profile or adverse media hits.

• Escalate high-risk or suspicious cases to compliance officers for further actions.

• Ensure accurate updating of status, of assigned review cases.

• Collaborate with compliance and branches to ensure seamless and compliant customer journeys.

• Assist in the enhancement of AML procedures and contribute to internal audits and regulatory reporting.

• Stay informed on evolving AML/CFT regulations and industry best practices.

• Carry out additional tasks or projects as delegated by the Team Lead, ensuring timely and accurate completion.

Requirements:

• A recognized university degree, tertiary education or relevant professional qualification in Finance, Business or a related field.

• At least 1 – 2 years of experience in AML operations or KYC related roles.

• Familiarity with AML/CFT regulations and deposit onboarding processes is a plus.

• Strong analytical and investigative skills with attention to detail.

• Effective communication and documentation skills.

• Proficiency in Microsoft Office, Outlook and Excel.

• Familiarity with name-screening tools such as Dow Jones/Factiva or other screening tools.

• Team player, proactive, able to prioritise tasks and able to work well independently.

Only shortlisted candidates will be notified.

Remuneration and corporate rank will commensurate with experience.