Analyst/AVP, Compliance Department (Financial Crime Compliance)
Analyst/AVP, Compliance Department (Financial Crime Compliance)
SMBC Group- Posted 24 days ago
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Job Description
Job Responsibilities
- Provide sanctions guidance and support to business, operations and support functions on customer, counterparty and transaction-related sanctions risks.
- Assess complex sanctions cases, including potential or confirmed matches, ownership and control issues, sanctions nexus, sectoral restrictions, dual-use goods and sanctions evasion or proliferation financing indicators.
- Review and challenge customer and transaction screening controls, alert dispositions and escalation decisions to ensure outcomes are timely, consistent and well documented.
- Conduct sanctions due diligence for higher-risk customers and transactions involving sanctioned or restricted jurisdictions, parties, vessels, goods or services.
- Support the assessment of sanctions regulatory developments, perform impact and gap analyses and assist in implementing policy, process and control enhancements.
- Review and maintain sanctions policies, procedures, checklists, escalation protocols and guidance, ensuring alignment with regulatory expectations, Head Office requirements and the Bank's risk appetite.
- Partner with business, compliance, operations and technology teams on sanctions screening systems, watchlist management, data quality, tuning, testing, issue remediation and process improvements.
- Support sanctions risk assessments, independent reviews, audits, regulatory enquiries and remediation programmes, escalating material issues, potential breaches and risk appetite concerns appropriately.
- Design and deliver targeted sanctions training and awareness for front office, operations and other relevant functions.
- Prepare clear sanctions management information and reporting, including alert volumes, true matches, ageing, turnaround times, control issues, blocked or rejected transactions, remediation status and emerging risks.
- Minimally a university degree. Professional certifications such as ACAMS, CGSS, ICA or an equivalent sanctions qualification are advantageous.
- Minimum 3 years of relevant experience in sanctions, AML/CFT or financial crime compliance, transaction monitoring, customer due diligence or related compliance functions within a financial institution. Candidates with more experience may be considered for senior positions.
- Good understanding of Singapore sanctions and AML/CFT requirements, and major international sanctions regimes, including Japanese, US, EU and UK sanctions requirements.
- Practical experience in sanctions screening, alert investigation, transaction due diligence, trade finance or financial crime compliance.
- Strong analytical, investigative, problem-solving, communication and stakeholder management skills.
- Ability to manage multiple priorities, exercise sound judgement, escalate promptly and work effectively under time pressure.
- Collaborative and team oriented, with a high level of integrity, attention to detail, ownership and accountability.
More Info
Key Skills
Financial crime compliance
Sanctions risk assessment
Alert investigation
Sanctions guidance
About Company
Skills:
Bloomberg, credit assessment, financial analysis, Financial Modelling, transaction execution, portfolio monitoring
Global Markets Securities Finance Senior Business Analyst, AVPoversea-chinese banking corporation limited
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Skills:
data reconciliation , Process Modelling, Uat, Requirements Elicitation, Functional Specifications, JIRA, Swift, Confluence, User Stories, Regression Testing, Defect Management, Sit, Pirum, Business Analysis, EquiLend, Target operating model design, Acceptance criteria, Securities Lending and Borrowing, Collateral Management, Trade capture, Murex, Settlement, Repo, Margin Financing, Asset Swap, Securities Finance lifecycle
Skills:
JIRA, Swift, Confluence, Securities Lending and Borrowing, Global Markets, Pirum, Treasury, Collateral Management, Murex, Business Analysis, Securities Finance, Settlement, EquiLend, Trade Capture, Repo, Margin Financing, Asset Swap, Capital Markets