AVP, Regulatory Compliance

  • Sector: LMA Asia Legal & Compliance
  • Contact: Ashley Ooi
  • Client: LMA
  • Location: Singapore
  • Salary: Negotiable
  • Expiry Date: 20 April 2023
  • Job Ref: BBBH403722_1674185703

Job purpose

As an AML Compliance Officer, you will be handling the day-to-day functions for KYC/ AML.


  • Handle all aspects of KYC/ AML Compliance including but not limited to customer onboarding, transaction monitoring, name screenings, periodic/ ad-hoc reviews, AML investigation, filing of STRs, approval of transactions, Foreign Account Tax Compliance Act (FATCA) and Common Reporting Standards (CRS) reviews.
  • Assist with the implementation of new KYC/ AML related regulatory requirements.
  • Review KYC/ AML related policies and procedures to ensure compliance with MAS regulations and be aligned with industry standards.
  • Provide KYC/ AML related advisory to various business units (i.e. Corporate Banking, Treasury and Private Banking) and other stakeholders.
  • Liaise with internal/ external auditors and regulators on KYC/ AML matters.
  • Assist with threshold tuning and AML optimization.
  • Handle ad-hoc KYC/ AML related projects as assigned by the Head of Compliance or the management.


  • Degree with minimum 5 years' relevant experience in KYC/ AML Compliance.
  • Experience in threshold tuning and AML optimization is preferred.
  • Strong knowledge on the KYC/ AML requirements for Corporate Banking and Private Banking.
  • Good analytical and communication skills.
  • Well versed in MAS regulations, notices and guidelines.
  • Proficient in written and spoken Chinese to liaise with Chinese speaking head office counterparties.
  • ICA/ ACAMS certification will be an added advantage.

Key Performance Indicators

  • Ensure all AML compliance tasks have been duly completed.
  • Ensure KYC and AML related internal policies and procedures are updated in compliance with the latest MAS regulations.
  • Sound and coherent recommendation shall be provided to the management to address any AML risk.
  • Address all AML risk on a timely basis.
  • No material Compliance related audit (internal, external or regulatory) or control lapses.

Company Reg No.: 201131609D, Licence No.: 11C4684, Reg No: R1871506