Head, Financial Crime Compliance

ResponsibilitiesYou will be based in Singapore and will be reporting to Group Compliance in Head Office and Senior Management. For this role, your key responsibility will be to lead Financial Crime Compliance Department to manage financial crime risk including money laundering / terrorism financing, fraud risks and anti-bribery and corruption risk.Financial Crime Compliance Comply with all applicable regulations, rules, codes, guidelines and standards set by regulators and the Bank, and carry out duties with high integrity;Developing and/or continuously reviewing the policy and procedures to ensure they remain up-to-date and meet current statutory and regulatory requirements; and are effective in managing financial crime risks arising from their business;Overseeing all aspects of the financial crime systems which include monitoring effectiveness and enhancing the controls and procedures where necessary;Communicating key financial crime issues, including, where appropriate, significant compliance deficiencies, with management; andEnsuring financial crime training for staff is adequate, appropriate and effective.FinanceTo accomplish the goals in a cost-effective mannerCustomer FocusProvide support and solution to both internal customer and regulatorTo advise and provide guidance to Management and staff on Financial Crime Compliance related mattersPoint of Contact for MAS and regular reporting to Head Office Compliance DivisionPeople To lead the Financial Crime Compliance TeamOthersResponsible for ensuring the Annual Compliance Plan are met;Act as the focal point for the oversight of all activities relating to the prevention and detection of financial crime and providing support and guidance to the Bank to ensure that the risks are adequately identified, understood and managed;Review and assess filing of Suspicious Transaction Reporting;Ensuring staff training program is adequate, appropriate and effective; andDevise compliance testing program to detect deficiencies and ensure rectification are carried out.RequirementsRecognised University DegreeMinimum 12 years of relevant experience in the financial services industry