AML Compliance Function

• Primary responsibility of the AML related frameworks of the Branch

• Authorisation to accord requisite and relevant approvals for customer on-boarding, ongoing due diligence and transaction level approvals as material risk personnel (MRP) by delegation

• Performance of Compliance reviews and testing on various AML/CFT activities

• Reviewing of Policy, Manual, Product And Process notes relevant to AML/CFT

• Follow-up with business and/or operations group on outstanding Audit/Compliance testing issues

• Involve the AML relevant systems UAT, enhancements and annual review

• Prepare EWRA exercise and methodology review

• Oversight on compliance related outsourced activities to Head Office, Compliance team as MRP

• Conduct periodic AML/CFT training within branch

Regulatory Compliance (Non AML)

• Conduct gap and impact analysis and assistance to implementation of new regulations and regulatory requirements

• Submission of the above review to head office and for internal update is to be done in a timely manner

• Handle follow up on the implementation of recommendations by various departments from Regulatory Inspection or reviews, Statutory audits, Independent Audit, Internal Audit

• Review of credit proposals from compliance perspective for all new and existing credit relationship of corporate banking Group

• Pre-trade clearance and submission of statement under the Personal Account Dealing framework of the Bank and carrying out periodic compliance review and testing. Review of Personal Account Dealing framework from time to time.

• Performance of compliance reviews and testing on various activities as per approved testing plan in BA, SFA and FAA

• Performance branch wise Compliance risk assessment

• Reviewing of Policy, Manual, Product and Process notes from regulatory compliance respective.

• Communication with the regulator under the delegation as MRP

• To undertake projects and assignments from time to time as directed by the HOD (e.g. CRAFT yearly audit, Independent audit, external audit, supervisory visits.)

• Organize and conduct periodic compliance trainings (e.g. fair dealing with customers, personal account dealing, SFA/FAA, individual accountability etc.)

Reporting

• Lead a team and prepare of reports (e.g.: monthly compliance report, Singapore Compliance and Audit Committee report/presentation and quarterly compliance certification) for onward submission to HO.

• Preparation and submission regular regulatory reports/survey under compliance team to the regulators

• Ad hoc projects given by department head

Back-up Role-Bank’s Data Protection Officer

• Contribution to the development and implementation of data protection policies and procedures in compliance with the applicable laws and regulations to keep them updated.

• To advise business groups and other support/control groups for compliance of the data protection policy and conduct required trainings

• Identification and mitigation of data protection risks in relation to technology, outsourcing, marketing programmes.

• Be the nominated data protection officer of the Bank, coordination with the governmental and regulatory authorities in relation to the activities under the data protection laws and regulations as well as handling and leading on the resolution of complaints from the public and staff in relation to the data protection.

• Provide the data protection trainings within branch

Requirements

• Good understanding of compliance practices, guidelines and regulations in the banking industry

• Good understanding of compliance practices in BA/ SFA/ FAA and local regulations

• Good interpersonal, written and verbal communications skills with attention to detail

• Ability to multi-task and manage work tasks with numerous stakeholders as well as deliver results within tight timelines

• AML/ CFT relevant certificates