357 Anti Money Laundering jobs in Singapore

Our organization is seeking a highly skilled Anti-Money Laundering Analyst to assume a pivotal role within our team. The ideal candidate will possess extensive experience in anti-money laundering, preferably in corporate and investment banking, with a profound understanding of regulatory requirements.

• Perform thorough profile reviews in a timely manner
• Analyze KYC files, identify updates based on policy, and implement necessary changes
• Conduct comprehensive searches of adverse information, politically exposed persons, and watchlists
• Ensure global quality of KYC files aligns with compliance standards
• Proactively monitor and manage file progress

Key Qualifications:

• Minimum 3 years' experience in anti-money laundering, specifically in corporate and investment banking
• Thorough knowledge of financial regulations and AML risk implications
• Affinity for precision, diligence, and delivering results under pressure
• Excellent communication and interpersonal skills
• Demonstrated teamwork and strong work ethics
• Superior research and analytical abilities, with a proactive approach
• Possess strong perseverance and time management skills

Legal and Regulatory Responsibilities:

• Comply with all applicable legal, regulatory, and internal Compliance requirements
• Maintain knowledge to ensure full qualification for the role
• Complete mandatory training as required to attain competence

This is a permanent position requiring dedication and commitment to excellence.

This role involves conducting onboarding, event-driven, and periodic reviews of existing corporate and institutional clients to assess risk and compliance. The specialist will review and verify customer documentation, identify and evaluate risks, and ensure client profiles are updated in compliance with regulatory requirements.

Key Responsibilities:

• Conduct comprehensive client reviews to identify potential risks and ensure compliance with regulatory standards.
• Review and verify customer documentation to assess risk and compliance.
• Identify and evaluate risks, including PEP exposure, sanctions, adverse media, and jurisdictional concerns.
• Perform thorough screening using internal systems and external tools.
• Collaborate with Relationship Managers, Compliance, and other stakeholders to address documentation deficiencies and escalate high-risk cases where necessary.
• Monitor and track review progress to ensure adherence to internal SLAs and regulatory deadlines.

Requirements:

• Bachelor's Degree in Banking, Finance, Business, or related field.
• At least 1–3 years of relevant experience in KYC, AML/CFT, or Client Onboarding within banking or financial services.
• Strong understanding of regulatory requirements and AML/CFT standards.
• Good analytical and risk assessment skills with strong attention to detail.
• Proficient in using banking systems and MS Office applications.
• Effective communication and interpersonal skills to liaise with internal and external stakeholders.
• Able to work independently and meet tight deadlines in a fast-paced environment.

What We Offer:

• Opportunity to work in a dynamic and challenging environment.
• Professional development and growth opportunities.
• Competitive compensation package.

Tell Employers What Skills You Have:

• Risk Assessment.
• Strong Attention To Detail.
• Interpersonal Skills.
• MS Office.
• Compliance.
• Banking.
• Assessment Skills.
• Regulatory Requirements.
• KYC.
• Screening.
• Financial Services.
• Able To Work Independently.

About this opportunity:

• We are seeking a qualified Anti Money Laundering and Compliance professional with experience in the Banking domain.

The successful candidate will be responsible for:

• Conducting reviews of Service Operation contracts, managing cases promptly, and demonstrating strong analytical skills.
• Familiarity with Service Operation benchmarking and writing, as well as risk assessment writing.
• Prior experience working on Anti Money Laundering/KYC projects in a similar industry is required.
• Having Subject Matter Expertise on AML/CFT requirements from MAS and HKMA.
• Being onsite at premises 100% of the time and being onboarded onto systems.
• Ensuring accurate project monitoring and insightful data analysis through status tracking and Management Information reporting.

The ideal candidate should possess negotiation, Microsoft Office, Microsoft Excel, Risk Assessment, Data Analysis, Analytical Skills, Interpersonal Skills, Administration, Procurement, Attentive, Banking, Consulting, Microsoft Word, KYC, Benchmarking, and Writing Skills.

Job Description:

• Conduct AML/CFT Customer Due Diligence (CDD) and Transaction Monitoring (TM) operations and investigations, and deliver high standards (e.g. consistency, process adherence, productivity)
• Responsibilities may cover new-to-bank onboarding, periodic screening, transaction monitoring, payments screening, and system and process enhancements
• Actively adhere to and also maintain standard operating procedures and record keeping documents
• Support any ad-hoc projects where required (e.g. UAT)

Requirements:

• Diploma fresh graduates are welcome to apply
• Desirable to possess at least 2-3 years of operational AML experience
• Familiar with the AML value chain, including new-to-bank onboarding, periodic screening, transaction monitoring, payments screening, etc.
• Excellent verbal and written communication skills
• Strong analytical, communication, and process development skills
• Flexible, adaptable and meticulous
• Ability to multitask, prioritise and manage time effectively
• Good working knowledge of MS Office (Excel, Word)

The ideal candidate will be responsible for overseeing and delivering high-quality enhancements to our Anti-money laundering AML/KYC systems, ensuring timely and reliable Level 3 investigative support.

This role involves:

• Conducting impact analyses on project scope and documenting proposed solutions and estimated effort
• Defining detailed functional specifications based on functional and non-functional requirements documents
• Collaborating with Functional Business Analysts to clarify functional and non-functional requirements
• Ensuring traceability from functional specifications to business requirements
• Owning the creation of functional design specifications and technical design documents
• Collaborating with developers and infrastructure teams to clarify functional specification and technical design during build, test, and deployment phases
• Reviewing and contributing to test planning and design for System Integration Testing and UAT
• Clarifying test findings escalated by Test Managers and classifying them accordingly
• Providing input to impact assessment and estimation for Project Change Requests
• Managing and working with vendors and internal teams to deliver committed scope for AML systems
• Managing and working with stakeholders during all phases of system changes delivery

The successful candidate will possess:

• Strong analytical and problem-solving skills
• Excellent communication and collaboration skills
• Ability to work effectively in a team environment
• Proficiency in functional design specifications and technical design documents
• Knowledge of system integration testing and UAT processes

The position offers:

• A competitive salary package
• A comprehensive benefits program
• Opportunities for professional growth and development

About the team:

The AML & Fraud Operation team sits in the Group Operations function.

It is responsible for ensuring that the bank complies with all relevant anti-money laundering (AML), sanctions and other regulations. The team works on various projects to enhance the bank's compliance framework and strengthen fraud detection & prevention, leveraging the latest technology and data analytics to identify and mitigate risks.

Job Overview/About the job role:

The Head of AML & Fraud Operations is responsible for overseeing the first line of defense in AML and Fraud Operations, ensuring effective and timely execution of client due diligence, transaction monitoring, alert handling, sanction screening and fraud investigations.

This role leads a team of professionals in Singapore and oversees a shared services centre in ensuring compliance with internal policies, regulatory expectations and industry best practices.

This leader will lead the development and implementation of the bank's AML and Fraud program. This role requires a strategic thinker with strong leadership skills and a deep understanding of regulatory requirements.

Responsibilities and Duties:

• Act as the primary liaison for Operations with second line Compliance team & Risk Management on AML/Sanctions-related matters and Fraud-related matters respectively
• Collaborate with Technology, Risk, and Business teams to enhance AML/Sanctions-related and Fraud-related system capabilities and controls
• Drive operational strategy and continuous improvement initiatives across Fraud and AML/Sanctions-related controls and processes.
• Ensure appropriate staffing, training, and development to maintain high performing team with strong AML & Fraud domain expertise
• Develop and implement the bank's AML and Fraud program.
• Develop and implement operational controls and procedures to ensure quality, consistency, and compliance with AML and Fraud policies.
• Lead a team of compliance professionals, providing guidance and support.
• Manage the review and disposition of alerts related to transaction monitoring, name screening, payment and fraud screening detection.
• Ensure timeline escalation of potential suspicious activity to Compliance for further review or SAR (Suspicious Activity Report) / STR (Suspicious Transaction Report) filing as necessary
• Collaborate with other departments to ensure a cohesive approach to compliance.
• Stay up-to-date with regulatory changes and industry best practices.
• Report on the effectiveness of the AML and sanctions compliance program to senior management.

Qualifications/Skills:

• Bachelor's degree in Business, Finance, Law, or a related field. AML/Compliance certifications preferred.
• Minimum 15 years experience in AML, Sanctions or Financial Crime, with at least 5 years in leadership role in operations
• Excellent risk and control mindset with operational excellence.
• Strong understanding of regulatory requirements and industry best practices.
• Excellent leadership and team management skills.
• Strong analytical and problem-solving abilities.
• Effective communication and interpersonal skills.
• Ability to work collaboratively with other departments and stakeholders.

Job Mandate

The role is responsible for the Anti-Money Laundering Compliance Function of BDO Unibank, Inc.-Singapore Branch (SG Branch). Reports directly to the Head of Compliance.

The principal function is to ensure that the SG Branch effectively complies with the statutory provisions, regulatory requirements or guidelines and codes of conduct applicable to Anti-Money Laundering in Singapore.

Incumbent acts as the focal point within SG Branch for the oversight of all activities in relation to the prevention and detection of money laundering (ML) and terrorist financing (TF) and providing support and guidance to the senior management to ensure that ML/TF risks of SG Branch is adequately understood and managed.

Duties and Responsibilities

A. Anti-Money Laundering and Terrorist Financing

1. Ensures that SG Branch observes the applicable regulations, Bank’s policies and procedures and the Guidelines on Prevention of Money Laundering and Terrorist Financing in the handling of suspicious transactions involved in money laundering activities; and
2. Ensures that appropriate systems, manual and/or automated, as aligned with the Head Office as may be applicable, to facilitate the prevention of money laundering are in place.

B. Compliance Program Review

1. Identifies the relevant Singapore and Philippine laws and regulations which are applicable to SG Branch, and analyzes the corresponding risks of non-compliance and determine the action points to ensure compliance of the branch; and
2. Conducts periodic compliance review function on applicable legal and regulatory requirements and the frequency of reviews and assessments to be taken shall commensurate to the identified risk levels or as required by the MAS and/or BSP and other regulators in Singapore and the Philippines.

C. Liaison between Singapore Branch and Regulatory Agencies

1. Acts as one of the key contacts between the branch and the regulatory bodies (e.g. Bangko Sentral ng Pilipinas – BSP, MAS, etc.);
2. Consults the said regulatory agencies for additional clarification on specific provisions of anti-money laundering laws and regulations and/or compliance to their findings; and
3. Initiates dialogues with respect to borderline issues as they affect compliance by the branch.

D. Liaison between Singapore Branch and Head Office

1. Promotes a clear and open communication process within the branch and with Head Office to educate and address anti-money laundering compliance matters; and
2. Aligns its compliance activities, manuals and guidelines with Head Office Compliance.

E. Compliance Advisories and Trainings

1. Trains and informs the branch staff on regulatory requirements pertaining to Anti-Money Laundering through any of these means, as appropriate: lecture, meetings, compliance memo distribution of manuals, and the dissemination of regulatory circulars/issuances, etc.
2. Provides advisories to the branch on any matter related to anti-money laundering regulatory issuances or laws; and
3. Conducts trainings to branch personnel, as necessary, to raise awareness and understanding of the Branch on anti-money laundering regulatory issuances or laws and be fully aware of their responsibilities to ensure compliance with regulatory requirements.

F. Compliance Testing

1. Provides oversight to the conduct of Independent Compliance Testing (ICT) and Regulatory Compliance Testing Checklist (RCTC) within SG Branch pertaining to Anti-Money Laundering; and
2. Ensures the timely reporting of ICT/RCTC Progress/Results to Head Office Compliance on a monthly basis.

G. Administrative

1. Conducts meetings with AML Compliance team;
2. Ensures clear understanding of the duties and responsibilities of the Anti-Money Laundering Compliance personnel;
3. Recommends improvements on existing policies and procedures;
4. Ensures submission of status reports and other reports as may be required by the Compliance Head and SG Branch Chief Executive in timely and accurate manner;
5. Evaluates/rates the performance of Anti-Money Laundering Compliance personnel of SG Branch;
6. Monitors punctuality and attendance of Anti-Money Laundering Compliance personnel of SG Branch;
7. Ensures that good housekeeping is maintained by SG Branch Anti-Money Laundering Compliance personnel;
8. Maintains the files of SG Branch Anti-Money Laundering Compliance Team in good order;
9. Ensures that emails are read and attended to timely; and
10. Other duties and responsibilities as deemed fit to his qualifications and designation by the senior management from time to time provided there is no direct conflict with his key roles and functions.

Job Mandate

The role is responsible for the Anti-Money Laundering Compliance Function of BDO Unibank, Inc.-Singapore Branch (SG Branch). Reports directly to the Head of Compliance.

The principal function is to ensure that the SG Branch effectively complies with the statutory provisions, regulatory requirements or guidelines and codes of conduct applicable to Anti-Money Laundering in Singapore.

Incumbent acts as the focal point within SG Branch for the oversight of all activities in relation to the prevention and detection of money laundering (ML) and terrorist financing (TF) and providing support and guidance to the senior management to ensure that ML/TF risks of SG Branch is adequately understood and managed.

Duties and Responsibilities

A. Anti-Money Laundering and Terrorist Financing

• Ensures that SG Branch observes the applicable regulations, Bank’s policies and procedures and the Guidelines on Prevention of Money Laundering and Terrorist Financing in the handling of suspicious transactions involved in money laundering activities; and
• Ensures that appropriate systems, manual and/or automated, as aligned with the Head Office as may be applicable, to facilitate the prevention of money laundering are in place.

B. Compliance Program Review

• Identifies the relevant Singapore and Philippine laws and regulations which are applicable to SG Branch, and analyzes the corresponding risks of non-compliance and determine the action points to ensure compliance of the branch; and
• Conducts periodic compliance review function on applicable legal and regulatory requirements and the frequency of reviews and assessments to be taken shall commensurate to the identified risk levels or as required by the MAS and/or BSP and other regulators in Singapore and the Philippines.

C. Liaison between Singapore Branch and Regulatory Agencies

• Acts as one of the key contacts between the branch and the regulatory bodies (e.g. Bangko Sentral ng Pilipinas – BSP, MAS, etc.);
• Consults the said regulatory agencies for additional clarification on specific provisions of anti-money laundering laws and regulations and/or compliance to their findings; and
• Initiates dialogues with respect to borderline issues as they affect compliance by the branch.

D. Liaison between Singapore Branch and Head Office

• Promotes a clear and open communication process within the branch and with Head Office to educate and address anti-money laundering compliance matters; and
• Aligns its compliance activities, manuals and guidelines with Head Office Compliance.

E. Compliance Advisories and Trainings

• Trains and informs the branch staff on regulatory requirements pertaining to Anti-Money Laundering through any of these means, as appropriate: lecture, meetings, compliance memo distribution of manuals, and the dissemination of regulatory circulars/issuances, etc.
• Provides advisories to the branch on any matter related to anti-money laundering regulatory issuances or laws; and
• Conducts trainings to branch personnel, as necessary, to raise awareness and understanding of the Branch on anti-money laundering regulatory issuances or laws and be fully aware of their responsibilities to ensure compliance with regulatory requirements.

F. Compliance Testing

• Provides oversight to the conduct of Independent Compliance Testing (ICT) and Regulatory Compliance Testing Checklist (RCTC) within SG Branch pertaining to Anti-Money Laundering; and
• Ensures the timely reporting of ICT/RCTC Progress/Results to Head Office Compliance on a monthly basis.

G. Administrative

• Conducts meetings with AML Compliance team;
• Ensures clear understanding of the duties and responsibilities of the Anti-Money Laundering Compliance personnel;
• Recommends improvements on existing policies and procedures;
• Ensures submission of status reports and other reports as may be required by the Compliance Head and SG Branch Chief Executive in timely and accurate manner;
• Evaluates/rates the performance of Anti-Money Laundering Compliance personnel of SG Branch;
• Monitors punctuality and attendance of Anti-Money Laundering Compliance personnel of SG Branch;
• Ensures that good housekeeping is maintained by SG Branch Anti-Money Laundering Compliance personnel;
• Maintains the files of SG Branch Anti-Money Laundering Compliance Team in good order;
• Ensures that emails are read and attended to timely; and
• Other duties and responsibilities as deemed fit to his qualifications and designation by the senior management from time to time provided there is no direct conflict with his key roles and functions.

We are seeking a Senior KYC Specialist to join our team.

The ideal candidate will have 5-8 years of relevant experience in KYC/AML/Due Diligence or banking experience preferred. They should possess knowledge of AML/KYC policies, bank systems, applications, and due diligence processes. The candidate must be a Subject Matter Expert with strong analytical and comprehension skills to analyze and document large amounts of data. Effective documentation skills to clearly articulate disposition are also essential. Adherence to controls and compliance standards is a must. Detailed, well-organized, self-starter able to work under minimum supervision is required. Able to multitask and meet deadlines in a high-pressure environment. Effective verbal and written communication skills as well as strong interpersonal skills and results-oriented team player are necessary.

• Perform KYC Reviews: Ensure compliance with local regulation and Citi standards. Monitor and track of KYC records. Assist with the development and execution of action plans for expiring records. Ensure records are not past due.
• Detect Suspicious Activity: Highlight suspicious product usage from an AML perspective to senior management for further review.
• Collaborate with Citi: Work with Citi on KYC efforts in accordance with CBSU AML KYC Ops procedures.
• Verify Accounts: Determine if accounts are in scope.
• Conduct Client Identification, Verification, and Screening: Validate customer information including address, employment, and connectivity to PEP/SPF.
• Partner with Internal Units: Ensure adequate due diligence processes are carried out for customer accounts and documentation reviews.
• Request Additional Information: Request additional information from Outreach/RM for accounts requiring completion.
• Maintain Quality Standards: Maintain quality standards (90% and above) for KYC reviews.
• Address Technical Issues: Address technical issues and procedural clarifications with managers for further review and guidance.
• Submit Files for Review: Submit files for Quality Control (QC) review before submission and respond to discrepancies identified during QC reviews.
• Communicate with Customers: May require communication with customers via phone calls.