Compliance Officer - #1118949

Compliance Officer

About The Company

Sing Investments & Finance Limited 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.

Responsibilities:

1.    Regulatory Compliance and Monitoring

• Perform customer due diligence, enhanced due diligence, and periodic reviews for high-risk clients, including PEPs.

• Conduct ongoing transaction monitoring and name-screening using the company’s AML systems.

• Provide advisory on AML/CFT related matters and red flags identified by staff of the company.

• Investigate and escalate unusual or suspicious transactions; prepare and file Suspicious Transaction Reports (STRs) with the STRO.

• Support compliance testing.

• Stay abreast of changes to MAS AML/CFT/PF laws, rules and regulations; recommend updates to internal procedures.

2.    Advisory and Reporting

• Provide AML\CFT compliance advice to business units on high-risk transactions etc.

• Assist in preparing regulatory returns and internal management reports.

• Support responses to MAS or internal audit queries.

3.    Policy and Training

• Assist in the development, implementation, and maintenance of AML/CFT/PF policies and procedures.

• Conduct or coordinate AML/CFT training and awareness sessions for staff.

4.    Systems implementation and/or enhancement

• Support names screening and transaction monitoring system tuning.

• Perform trend analysis across business units.

Requirements:

• A recognized university degree, tertiary education or relevant professional qualification in financial service.

• 3-5 years’ experience working in a similar capacity.

• Sound knowledge of applicable Anti-Money Laundering and Counter Terrorist Financing laws, rules and regulations.

• Possess strong analytical, written and verbal communication skills.

• Ability to work independently and collaboratively across teams - High integrity, discretion, and attention to detail.

• Attention to details and have an investigative, inquisitive and questioning nature.

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

Only shortlisted candidates will be notified.

Remuneration and corporate rank will be commensurate with experience.