Assistant Vice President, Business Compliance (Wholesale Banking)

Who We AreAs Singapore’s longest established bank, we have been dedicated to enabling individuals and businesses to achieve their aspirations since 1932. How? By taking the time to truly understand people. From there, we provide support, services, solutions, and career paths that meet their individual needs and desires.Today, we’re on a journey of transformation. Leveraging technology and creativity to become a future-ready learning organisation. But for all that change, our strategic ambition is consistently clear and bold, which is to be Asia’s leading financial services partner for a sustainable future.We invite you to build the bank of the future. Innovate the way we deliver financial services. Work in friendly, supportive teams. Build lasting value in your community. Help people grow their assets, business, and investments. Take your learning as far as you can. Or simply enjoy a vibrant, future-ready career.Your Opportunity Starts Here.Job SummaryThe job holder will play a crucial role on all KYC/AML, Risk and Control matters relating to WBG. The role is responsible for managing the end-to-end processing and control of customer due diligence reviews (periodic and triggering event reviews) according to internal regulatory policies and guidelines. The job holder is required to work closely with RMs and Compliance to ensure assessments adhere to bank standard and provide advisory support to RMs.The job holder also actively participates in projects relating to KYC components to safeguard WBG’s interest.What You Will Be DoingCompliance ManagementConduct thorough customer due diligence reviews on Corporate and FI customers in accordance with regulatory and internal policies.Act as a CDD checker on periodic / trigger event reviewsLead, manage, and provide guidance and oversight to junior team members, ensuring quality and timely delivery of work.Coordinate amongst FCC, RM, and clients to ensure streamlined onboarding and fulfillment of EDD requirements for high-risk accounts in compliance with regulatory frameworks and internal policiesSpecific to Correspondent Banking relationships, oversee timely completion of transaction review for vostro accounts, reverse KYC requests for Nostro account opening etc.Track and manage appropriate sign-off of reviews by RMs and Team Heads, and as relevant Compliance and Head of WBGProvide reasonable assurance of compliance with applicable regulatory and internal/ Group requirements, policies, and proceduresProvide advisory support on regulatory and operational issues and process in relation to KYC/ AML mattersConduct compliance awareness/ reporting/ self-assessment/ training programs and drive communication regarding regulatory updates and risk procedures.Support the WBG DCO framework by ensuring accurate AML risk profiling, CDD clearance, and timely resolution of alerts and requests.Prepare quality AML risk reports and management information for internal and regulatory stakeholdersRespond promptly to independent reviews, audits, and remediation actions.Project ManagementDrive or contribute to the implementation and execution of group & local project and system or process enhancement for WBGAssist senior management in developing and implementing the strategic plan for WBG, aligning with the bank’s overall objectives.Identify and lead necessary improvement in risk control and operational efficiencyWhat We Are Looking ForUniversity degree in Business, Finance, Accounting, Law or other relevant disciplinesCompliance related certificationMinimum 8 years’ relevant experience in Corporate Banking/ ComplianceStrong understanding of corporate banking products and services, as well as regulatory requirementsSolid CDD knowledge from Corporate / Commercial BankingKnowledge of FI KYC and vostro/nostro account processes is a plusTeam management experience is preferred Proficient in MS Office applicationsWell versed with banking and regulatory requirementsProven analytical and problem-solving skills, with the ability to interpret complex data and make informed decisionsProfessional presentation and report writing skillsStrong verbal and written English skills, along with good presentation abilities, are essentialExcellent communication and interpersonal skills, with the ability to build relationships at all levels of the organizationDemonstrated integrity, independence, and a strong compliance mindsetQualification of ECF AML/ CFT (Core) is preferredWhat We OfferCompetitive base salary. A suite of holistic, flexible benefits to suit every lifestyle. Community initiatives. Industry-leading learning and professional development opportunities. Your wellbeing, growth and aspirations are every bit as cared for as the needs of our customers.