Job Role: First Line Risk and Control Manager / Senior Manager
Location: Singapore

Key Responsibilities

The successful applicant will be responsible for the implementation and ongoing management and reporting of risk and compliance obligations in the 1st Line of Defense, including:

  • Ensure the embedding of and compliance with the AML/CFT Management Framework within the Client Services department;
  • Provide support to Client Services department pertaining to regulatory compliance, AML/KYC and sanctions and ensure timely reporting of issues;
  • Establish and develop first line risk management and internal control programs across AML/CFT and financial risk, regulatory risk, compliance risk, ML tax risk, 3rd party risk, outsourcing and data protection;
  • Ensure adequate controls are in place for identifying and addressing risk issues according to regulatory and internal risk management requirements;
  • Track remediation progress for assigned issues, compliance work and project and ensure status updates are current;
  • Perform monitoring and reporting to the Board;
  • Evaluate the efficiency of controls in place to mitigate identified risk; review evidence, document testing results in a comprehensive and organized manner; develop recommendations to correct deficiencies and provide ideas for process improvements;
  • Oversee and monitor the entire KYC process, review new business and ongoing reviews, including risk ratings, compliance screening requirements, identification and corroboration of client’s source of wealth and source of funds and due diligence searches;
  • Review transaction monitoring and closures in a timely manner;
  • Review, clearance and escalation (as applicable) of adverse news and sanction hits on client;
  • Check MAS website and MASNET on a frequent basis for updates;
  • Assist with internal and external audits, regulatory

Key Requirements

  • A diploma/degree holder with several years of experience in a financial institution environment;
  • Experience in financial institution front office control roles with good interpersonal skills and maturity in managing stakeholders;
  • Good understanding of the local regulatory framework relating to AML/CFT;
  • Good analytical and problem solving skills;
  • Strong interpersonal and communication skills;
  • Team player and able to work independently under tight deadline pressure.

If you are interested in this role, we invite you to send us your resume at