Sumitomo Mitsui Banking Corporation
4 weeks ago
Assistant VP (Financial Crime Compliance) - Sumitomo Mitsui Banking Corporation
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Company information
- Company
- Sumitomo Mitsui Banking Corporation
- Location
- Singapore Singapore
- Posted
- 4 weeks ago
Job description
Job Responsibilities
- Perform customer due diligence and enhanced due diligence during the onboarding, periodic and trigger review of customers.
- Act as a subject matter expert in the execution and implementation of AML/KYC requirements in accordance with SMBC's related AML policies and procedures.
- Advise on complex cases and assess risk appetite boundaries in a continually evolving regulatory and business environment.
- Provide AML/KYC advice to stakeholders to ensure compliance with regulatory requirements and expectations, as well as internal policies and procedures.
- Review and maintain AML-related compliance policies, procedures, manuals, checklists, and guidance to reflect regulatory developments and internal policy changes, including performing gap analysis on relevant circulars and industry papers.
- Assist in designing and delivering targeted compliance training and awareness sessions for front office and support functions involved in AML/ KYC activities.
- Prepare monthly statistical reports relating to KYC metrics for senior management.
- University degree or higher. Professional diplomas or certifications such as ACAMS or ICA are highly preferred.
- Minimum of [6] years of experience in AML, KYC, or compliance within a bank, securities firm, financial institution, regulator, or professional services firm, with at least [3] years focused on AML/ KYC onboarding or periodic reviews.
- Proven experience in managing high-risk clients and complex structures, with a strong understanding of Singapore AML/CFT regulations (including MAS notices and guidelines), and relevant industry standards (e.g. ACIP).
- Demonstrated ability to engage with various stakeholders, with experience advising front office stakeholders and translating regulatory requirements into practical business guidance and controls.
- Strong analytical, drafting, problem-solving, and stakeholder management skills - having good communications skills, with ability to navigate multiple organizations and find common ground.
- Ability to manage multiple priorities, exercise sound judgment, escalate issues appropriately, and work effectively under time pressure.
- Collaborative, and team oriented
- High level of integrity, attention to detail, ownership, and accountability
Required skills
- attention to detail
- compliance
- analytical skills
- bank
- onboarding
- certifications
- problem-solving skills
- communications skills
- statistical reports
- integrity
- guidance
- industry standards
- aml
- regulatory requirements
- front office
- controls
- financial institution
- university degree
- stakeholders
- accountability
- kyc
- compliance policies
- compliance training
- drafting skills
- time pressure
- collaborative
- ownership
- acams
- checklists
- regulator
- aml procedures
- senior management
- gap analysis
- compliance procedures
- enhanced due diligence
- regulatory environment
- internal policies
- multiple priorities
- circulars
- regulatory developments
- business environment
- stakeholder management skills
- customer due diligence
- professional services firm
- financial crime compliance
- team oriented
- support functions
- compliance manuals
- complex structures
- ica
- aml policies
- sound judgment
- mas guidelines
- awareness sessions
- smbc
- periodic review
- escalate issues
- securities firm
- assistant vp
- trigger review
- internal policy changes
- industry papers
- kyc metrics
- professional diplomas
- aml experience
- kyc experience
- high-risk clients
- singapore aml/cft regulations
- mas notices
- acip
- business guidance
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