The Opportunity
- Adecco is partnering with a leading bank to look for a Business Risk and Control Management Anti-Financial Crime (Retail Bank | Up to 10K)
- Starts off as 12months contract
Description
The successful candidate will be part of the Business Risk and Control Management Anti-Financial Crime team within Group Retail (GR) that covers a range of banking segments and products.
The key responsibilities, covering AML risks, are as follows:
- Formulate and strengthen governance on all risk frameworks, policy, framework, ensuring that GR comply with all applicable legislations, including Anti-Money Laundering crimes.
- Liaise with internal stakeholders to identify priority areas for review based on control criticality, emerging risks and regulatory focus.
- Provide effective challenge to internal stakeholders on existing controls.
- Provide advisories and review GR's AML policies and guidelines.
- Work with multiple internal stakeholders to deliver desired outcomes.
- Review and identify key emerging risks in GR and/or industry and propose risk mitigating measures/controls.
- Ensure that potential risk issues highlighted by various Bank's risk functions, such as Group Compliance and Group Audit, are properly communicated and/or addressed within GR.
- Work with Group Compliance and other internal risk departments to ensure that activities are coordinated to avoid duplication and improve the overall effectiveness.
- Identify and work with Business Units/GR Data Analytics teams on risk management initiatives, thereby increasing operational efficiencies and enhancing proactive risk identification.
- Support the Business Units/Support Units in risk identification, escalation and remediation.
- Monitor the effectiveness of the Business Units/Support Units controls (for example, through risk culture/operational risks dashboards, audit reports and fair dealing scorecard).
- Prepare risk management reports.
- Provide guidance to BRCMs in overseas locations on Group's risk management initiatives and/or share application/implementation/best practices at Group.
- Able to articulate and present to senior internal and external stakeholders including regulators and external audit.
- Ensure that GR is kept abreast of the latest developments (including best practices), on both the risk and regulatory front.
- Conduct training where necessary.
Talent Requirements
Education
- Good degree holder in Banking, Finance or Accounting
- Certification in regulatory compliance and/or anti-financial crimes is a must
Experience and Skills
- Degree or professional qualification in business or banking/financial services related areas
- Has minimum 10 years of relevant work experience preferably in audit, regulatory compliance/Line 1 Risk and Control role in retail banking/ banking of a full-service bank
- Excellent knowledge of Singapore's regulations, particularly on anti-financial crimes
- Proven and relevant experience in regulatory compliance in a financial services institution is required
- Prior experience in risk/controls design and assessment is required.
- Prior experience in regulatory framework of South East Asia region is preferred.
- Prior experience in project and change management and/or process engineering would be a clear advantage
- Data management and data analytics is preferred.
- Able to write macros on Microsoft excel or basic programming skill is an advantage.
- Excellent communication (written, verbal) and interpersonal skills to positively influence people to make the appropriate decisions and resolve conflicts effectively
- Team player, self-driven with strong interpersonal as well as communication and stakeholder management skills
- Resourceful, meticulous, analytical and able to work independently with excellent verbal and report-writing skills.
- Growth mindset, i.e. openness to learn and take on other risks types
- Strategic mindset with the ability to have a holistic view for the Group
- Possess creativity and self-motivation to find solutions in an ever-evolving regulatory environment
Next Steps
- We could contact you in the soonest time if you directly send your resume to:
- Email Topic: Apply Business Risk and Control Management Anti-Financial Crime (Retail Bank | Up to 10K)
Amos Tan Jun Han
EA Licence Number: 91C2918
Personnel Registration Number: R