ESSENTIAL REQUIREMENTS

• Bachelor’s degree in law, Finance, Accounting, Business, or a related field.
• Professional qualification in AML/CFT compliance or studying towards it.
• Minimum 5 years of relevant experience in AML/CFT compliance, preferably in a regulated financial services, fiduciary, or corporate services environment.
• In-depth knowledge of Singapore AML/CFT laws and regulations.

PURPOSE OF JOB

Act as the AML/CFT Compliance Officer, Compliance Officer and Suspicious Transaction Reporting Officer (“STRO”). Provide compliance and administrative services to JTC regulated entity based in Singapore.

MAIN RESPONSIBILITIES AND DUTIES

• STRO and Compliance Officer JTC regulated entity in Singapore.
• Receive and assess internal STRs, undertake external reporting and ongoing management of AML/CFT concerns for the Company.
• Maintain records of internal and external STRs and all related documentation.
• Prepare and table MLRO reports at relevant board meetings as and when necessary, highlighting shortcoming of internal controls and provide recommendations accordingly.
• Be the point of contact for the Financial Intelligence Unit (FIU) and any other bodies for the purpose of AML/CFT.
• Liaise with the FIU and if required the FSC and participating in any other third-party enquiries in relation to money laundering or terrorist financing prevention, detection, investigation or compliance.
• Provide training to staff and external directors when required on AML/CFT matters including filing of STRs and avoidance of tipping off.
• Assist the relevant board with production of AML and Enterprise business risk assessments.
• Production of risk & compliance reports highlighting relevant risks and compliance matters to the Board.
• Maintenance of AML/CFT policies & procedures relevant to Singapore.
• Oversee the compliance monitoring programmes (performed by IOM) to ensure they are conducted on schedule and in accordance with the monitoring plans.
• Maintain a high level of technical knowledge on legislation, guidelines, codes and other legal matters.
• Completing ad-hoc Risk & Compliance projects.
• Promote awareness of regulatory principles and requirements on a day-to-day basis and maintain an up to date. understanding of the relevant legal and regulatory requirement.
• Adhere to Risk & Compliance procedures in relation to regulatory requirements and AML/CFT legislation.
• Ensure own knowledge of, and compliance with policies and procedures.
• Adhere to CPD requirements in according with regulatory requirements and in-house procedures.
• Attend relevant seminars and conferences.
• Adhere to JTC core values and expected behaviours.
• Undertake any other duties as deemed necessary by Management.