Transaction Monitoring Lead at StraitsX

, , Singapore -

Full Time

Start Date

Immediate

Expiry Date

21 Jun, 26

Salary

0.0

Posted On

23 Mar, 26

Experience

2 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Transaction Monitoring, Compliance, AML, CTF, Sanctions Screening, Investigation, Escalation Handling, STR Filing, Regulatory Compliance, MAS Regulations, Policy Development, Procedure Enhancement, Control Monitoring, System Implementation, Data Analysis, People Management

Industry

Financial Services

Description

About the Role Compliance is an integral part of the organization and supports the Senior Management in ensuring compliance with external and internal regulations to actively manage operational, regulatory and reputational risks. You will join a growing and dynamic team who are passionate about supporting the business, to ensure 100% compliance in risk and control matters. This is an excellent role for personal and professional development within a highly committed and collaborative team in a fast-paced environment. If you consistently strive to learn, seek new opportunities to enhance, redesign and improve processes, we are the match for your ambition. What You Will Do The Transaction Monitoring Lead will be responsible for ensuring our business operations and procedures comply with local regulations and internal policies. Lead and manage Transaction Monitoring team across Singapore and Indonesia overseeing transaction monitoring, sanctions screening relating to fiat flows Guide the team on alerts, investigations, escalation handling, and decision making on escalated cases. Investigate and assess suspicious transactions, prepare Suspicious Transaction Reports (STRs), and submit them to the Suspicious Transaction Reporting Office (STRO). Liaise with relevant regulatory bodies, responding to inquiries, requests, and audits in relation to transaction monitoring matters in a timely and accurate manner Ensure ongoing compliance with MAS regulations, guidelines, and notices related to transaction monitoring matters Collaborate with internal stakeholders to develop, review, update, enhance, implement and monitor the transaction monitoring programs (i.e. policies, procedures, controls and systems) to ensure its effectiveness e.g. threshold tuning Handle ad-hoc projects as assigned What We Are Looking For Bachelor’s degree or equivalent qualification with 3–5 years of AML/FCC experience within Singapore financial services; people management experience is a plus. Strong working knowledge of Singapore AML/CTF regulations, MAS Notices and Guidelines, and industry best practices. Hands-on experience in transaction monitoring, sanctions screening, and AML investigations. Proven experience filing STRs via the SONAR platform. Confident communicator, comfortable engaging cross-functionally and with senior stakeholders. Experience working with law enforcement agencies on AML or financial crime matters. Basic data analysis skills, with professional certifications such as CAMS, CAFS, or ICA being advantageous.

Responsibilities

The Transaction Monitoring Lead will manage the team across Singapore and Indonesia, overseeing transaction monitoring and sanctions screening related to fiat flows, while guiding the team on alerts, investigations, and escalations. This role also involves investigating suspicious transactions, preparing Suspicious Transaction Reports (STRs) for submission, and liaising with regulatory bodies regarding compliance matters.