Executive, Risk & Compliance

We are seeking an experienced Executive, Risk & Compliance to ensure strong AML/CFT compliance, effective risk management, and regulatory adherence in line with MAS regulations and internal policies. This role involves conducting due diligence, risk assessments, transaction monitoring, and acting as a key liaison for audits and regulatory matters, including supporting data extraction and periodic regulatory reporting.

1. AML/CFT Compliance

• Implement and maintain AML/CFT policies, procedures, and controls in compliance with MAS Notices (e.g., PSN01) and industry best practices.
• Conduct Customer Due Diligence (CDD), Enhanced Due Diligence (EDD), and ongoing transaction monitoring.
• Investigate suspicious transactions and prepare Suspicious Transaction Reports (STRs) for submission to the Head of Risk & Compliance.
• Support the implementation of AML screening tools and risk-based AML methodologies.
• Serve as AML Officer, assisting the Money Laundering Reporting Officer (MLRO) in regulatory filings, audits, and stakeholder communications.
• Liaise with regulators (MAS), auditors, and internal teams on AML/CFT-related queries and inspections.

1. Risk Management

• Support enterprise-wide risk assessments, maintaining and updating the company’s risk register.
• Track, escalate, and remediate risk incidents, ensuring timely resolution and reporting.
• Assist in Risk & Compliance projects and initiatives, and execute daily BAU tasks including policy and procedure maintenance.
• Conduct routine checks and monitoring of Risk & Compliance systems, ensuring timely responses for risk operations.

1. Regulatory Compliance

• Monitor regulatory developments from MAS and other relevant bodies.
• Conduct research and analysis on regulatory changes.
• Support internal audits, regulatory inspections, and compliance reporting (e.g., MAS returns, licensing renewals).
• Assist with regulatory filings, including license applications and ad-hoc submissions.

1. Training

• Support delivery of training and awareness programs for staff on AML/CFT, risk awareness, and other regulatory obligations.
• Assist in conducting risk assessments and compliance workshops.

• Minimum 3 years of experience in AML compliance, risk management, or regulatory compliance, preferably within a MAS-regulated financial institution.
• Hands-on experience with CDD/EDD, STR reporting, AML transaction monitoring, MAS regulations (e.g., PSN01, AML/CFT Notices), and risk assessment frameworks (e.g., ISO 31000, COSO).
• Strong understanding of auditing standards, guidelines, procedures, and professional ethics.
• Effective written and verbal communication skills.
• Familiarity with AML tools such as Refinitiv World-Check, Oracle, or ComplyAdvantage.
• Professional certifications (e.g., CAMS, CRISC, CISA, CISSP) are advantageous.