AML Compliance Analyst

A leading financial services organisation in Singapore is seeking an experienced AML Compliance Analyst to join their compliance team. This pivotal role offers you the opportunity to play a crucial part in safeguarding the company’s operations by ensuring robust measures are in place to prevent money laundering and terrorist financing activities.

What you'll do:

As an AML Compliance Analyst, you will be at the forefront of developing comprehensive frameworks that protect the organisation from financial crime risks.

• Design and establish internal practices, measures, procedures, and controls relevant to the prevention of money laundering and terrorist financing during new client onboarding processes.
• Detect, record, and evaluate risks arising from both existing and new clients as well as new financial instruments or services, updating systems and procedures accordingly for effective risk management.
• Provide expert advice and guidance to employees regarding compliance with applicable laws related to anti-money laundering (AML) and counter-financing of terrorism (CFT).
• Review and update AML/CFT policies and procedures as required, ensuring timely communication of changes to the Board for approval.
• Monitor the correct implementation of policies, procedures, and internal manuals across departments to maintain high standards of compliance.
• Apply appropriate monitoring mechanisms that deliver essential information for assessing departmental adherence to established controls.
• Offer guidance on corrective actions when shortcomings or weaknesses are identified in policy application, reporting these issues as necessary.
• Conduct ongoing reviews of daily, weekly, monthly, and client exception reports to ensure any anomalies are thoroughly investigated.
• Act as Deputy Money Laundering Reporting Officer (MLRO), receiving reports from employees regarding suspicions or knowledge of money laundering or terrorist financing activities.
• Evaluate suspicious activity reports using all available information; prepare internal or external reports for regulators when required.
• Assist the Head of Compliance in responding to requests from regulatory authorities such as MAS (Monetary Authority of Singapore) during investigations or audits.
• Support the preparation of annual employee AML training programmes by identifying training needs across departments and organising relevant sessions.

What you bring:

To excel as an AML Compliance Analyst, you should bring at least 3 to 5 years of experiences on financial crime prevention within regulated environments.

• Proven experience in anti-money laundering (AML) or counter-financing of terrorism (CFT) roles within financial services or regulated industries is highly desirable for this position.
• Comprehensive understanding of Singaporean regulatory requirements relating to AML/CFT frameworks is essential for success in this role.
• Demonstrated ability to design, implement, review, and update policies and procedures aimed at mitigating financial crime risks is required.
• Strong analytical skills enabling you to detect potential risks from client profiles or transactions are vital for effective performance.
• Excellent interpersonal skills are necessary for providing clear guidance on compliance matters across multiple departments.

What sets this company apart:

This organisation stands out due to its unwavering dedication to maintaining the highest levels of integrity within the financial sector. Employees benefit from a workplace culture that prioritises collaboration over hierarchy—encouraging open dialogue between team members at every level. The company invests significantly in ongoing training opportunities so that staff remain knowledgeable about evolving regulations while feeling supported in their career progression. Flexible working arrangements demonstrate respect for work-life balance without compromising operational excellence. As part of a diverse team committed to ethical conduct, you can expect your contributions not only to be recognised but also celebrated as integral components of collective success. The company’s reputation for transparency extends beyond compliance—it shapes every aspect of how they do business together.

What's next:

If you are passionate about making a meaningful impact in financial crime prevention while advancing your career within a supportive environment, this is your chance!

Apply today by clicking on the link provided—take the next step towards joining an organisation where your expertise truly matters.

Do note that we will only be in touch if your application is shortlisted.
Robert Walters (Singapore) Pte Ltd
ROC No.: 199706961E | EA Licence No.: 03C5451
EA Registration No.: R22105333 Nur Humaira Binte Jamall Abd Nassir