• Expertini Resume Scoring: Our Semantic Matching Algorithm evaluates your CV/Résumé before you apply for this job role.
Singapore Jobs Expertini

Head, AML & Financial Crimes (PFA) Job Opening In Singapore, Singapore – Now Hiring Prudential plc


Job description

Job Summary

:

In this role, you will be the designated Money Laundering Reporting Officer (MLRO) and will support the Company in meeting its regulatory and regional obligations on Anti-Money Laundering/Sanctions (AML) and Anti-Bribery & Corruption (ABC).

You will also contribute to build a framework that commensurate with the business model of the Company.

Given the increasing regulatory expectations, you will focus on supporting the MLRO in strengthening the AML & ABC frameworks and building the competency of the team.

Job Description:

  • Establish, with regular review, the AML and ABC framework, taking into consideration regulatory requirements, Group standards and operating environment, including the different types of risks such as customer, product and geographical location 
  • Provide leadership, direction and day-to-day guidance.

  • Assist the Head of Governance Transformation and Acting Head of Risk and Compliance in collaborating and presenting complex information, recommendations and risk mitigants in the area of AML and ABC with senior stakeholders in the organisation 
  • Promoting a heathy and strong AML and ABC awareness and culture within the organization 
  • Work with Head of Governance Transformation and Acting Head of Risk and Compliance to perform annual review of the enterprise-wide AML & ABC risk assessments 
  • Perform quarterly quality assurance review on screening and transaction monitoring alerts closed by AML Ops and FCC 
  • Oversee the preparation of quarterly MI reporting for AML and ABC for risk committee meeting 
  • Oversee annual high-risk customer review
  • Actively identify and manage key AML & ABC controls: screening, enhanced due diligence, transaction monitoring, gifts and hospitality controls 
  • Support in reporting and presenting findings, as required, to local management, Group office and Board Audit Committee 
  • Ensure adherence to and provide advice and guidance to senior management, business units on new products, processes and/or initiatives to identify financial crime risks and recommend proposed risk mitigants 
  • Manage regulatory contact with MAS and enforcement agencies on AML matters.

  • Report suspicious activity to the authorities and act as cover to Head of Governance Transformation and Acting Head of Risk and Compliance for any incoming queries regarding suspicious activity 
  • Oversight and delivery of AML & ABC training to the Board of directors, staff and agency force 
  • Partner with relevant business functions on all AML matters, including documentation requirements for higher-risk customers 
  • Designated approver, as delegated by the Board, for onboarding higher-risk customers 
  • Who we are looking for: 

  • 10 years of experience in an AML related role, preferably having dealt with AML requirements for high net worth / private banking customers.

  • Analytical and attentive to details 
  • Excellent understanding of AML requirements 
  • Degree/diploma in any discipline 
  • AML certifications preferred (e.g. ACAMS, ICA)
  • Required Skill Profession

    Business Operations Specialists


    • Job Details

    Related Jobs

    Prudential Assurance Company Singapore hiring Head, AML & Financial Crimes (PFA) Job in Singapore
    Prudential Assurance Company Singapore
    Singapore
    Prudential Assurance Company Singapore hiring Head, AML & Financial Crimes (PFA) Job in Singapore
    Prudential Assurance Company Singapore
    Singapore
    Prudential Assurance Company Singapore hiring Head, AML & Financial Crimes (PFA) Job in Singapore
    Prudential Assurance Company Singapore
    Singapore
    Liberty Insurance Pte Ltd hiring Financial Crimes Counsel Job in Singapore
    Liberty Insurance Pte Ltd
    Singapore
    Liberty Mutual Insurance hiring Financial Crimes Counsel Job in Singapore
    Liberty Mutual Insurance
    Singapore
    Liberty Mutual Group hiring Financial Crimes Counsel Job in Singapore
    Liberty Mutual Group
    Singapore
    Liberty Insurance Pte Ltd hiring Financial Crimes Counsel Job in Singapore
    Liberty Insurance Pte Ltd
    Singapore
    Prudential Plc hiring Head, AML Job in Singapore
    Prudential Plc
    Singapore
    Bank of America Singapore hiring Vice President, Global Financial Crimes Manager Job in Singapore
    Bank of America Singapore
    Singapore
    Bank of America Singapore hiring Vice President, Global Financial Crimes Manager Job in Singapore
    Bank of America Singapore
    Singapore
    Prudential Plc hiring Project Lead, PFA Job in Singapore
    Prudential Plc
    Singapore
    AIA Singapore hiring Lead (AML), Financial Crime Compliance Job in Singapore
    AIA Singapore
    Singapore
    AIA Hong Kong and Macau hiring Lead (AML), Financial Crime Compliance Job in Singapore
    AIA Hong Kong and Macau
    Singapore
    AIA Singapore hiring Lead (AML), Financial Crime Compliance Job in Singapore
    AIA Singapore
    Singapore
    AIA Hong Kong and Macau hiring Lead (AML), Financial Crime Compliance Job in Singapore
    AIA Hong Kong and Macau
    Singapore
    AIA Hong Kong and Macau hiring Lead (AML), Financial Crime Compliance Job in Singapore
    AIA Hong Kong and Macau
    Singapore
    AIA Singapore hiring Lead (AML), Financial Crime Compliance Job in Singapore
    AIA Singapore
    Singapore
    Robert Walters hiring Business Relationship Manager (Financial Crimes and Compliance) Job in WorkFromHome, Singapore, Singapore
    Robert Walters
    WorkFromHome, Singapore, Singapore
    Newtone Consulting hiring Consultant AI for Financial crime AML Job in Singapore
    Newtone Consulting
    Singapore
    ASI X SG PTE. LTD. hiring Financial Head/cofounder Job in Singapore
    ASI X SG PTE. LTD.
    Singapore
    ASI X SG PTE. LTD. hiring Financial Head/cofounder Job in Singapore
    ASI X SG PTE. LTD.
    Singapore
    ASI X SG PTE. LTD. hiring Financial Head/cofounder Job in Singapore
    ASI X SG PTE. LTD.
    Singapore

    Unlock Your Head AML Potential: Insight & Career Growth Guide


    Real-time Head AML Jobs Trends (Graphical Representation)

    Explore profound insights with Expertini's real-time, in-depth analysis, showcased through the graph here. Uncover the dynamic job market trends for Head AML in Singapore, Singapore, highlighting market share and opportunities for professionals in Head AML roles.

    4106 Jobs in Singapore
    4106
    3802 Jobs in Singapore
    3802
    Download Head Aml Jobs Trends in Singapore and Singapore

    Are You Looking for Head, AML & Financial Crimes (PFA) Job?

    Great news! is currently hiring and seeking a Head, AML & Financial Crimes (PFA) to join their team. Feel free to download the job details.

    Wait no longer! Are you also interested in exploring similar jobs? Search now: .

    The Work Culture

    An organization's rules and standards set how people should be treated in the office and how different situations should be handled. The work culture at Prudential plc adheres to the cultural norms as outlined by Expertini.

    The fundamental ethical values are:

    1. Independence

    2. Loyalty

    3. Impartiapty

    4. Integrity

    5. Accountabipty

    6. Respect for human rights

    7. Obeying Singapore laws and regulations

    What Is the Average Salary Range for Head, AML & Financial Crimes (PFA) Positions?

    The average salary range for a varies, but the pay scale is rated "Standard" in Singapore. Salary levels may vary depending on your industry, experience, and skills. It's essential to research and negotiate effectively. We advise reading the full job specification before proceeding with the application to understand the salary package.

    What Are the Key Qualifications for Head, AML & Financial Crimes (PFA)?

    Key qualifications for Head, AML & Financial Crimes (PFA) typically include Business Operations Specialists and a list of qualifications and expertise as mentioned in the job specification. The generic skills are mostly outlined by the . Be sure to check the specific job listing for detailed requirements and qualifications.

    How Can I Improve My Chances of Getting Hired for Head, AML & Financial Crimes (PFA)?

    To improve your chances of getting hired for Head, AML & Financial Crimes (PFA), consider enhancing your skills. Check your CV/Résumé Score with our free Tool. We have an in-built Resume Scoring tool that gives you the matching score for each job based on your CV/Résumé once it is uploaded. This can help you align your CV/Résumé according to the job requirements and enhance your skills if needed.

    Interview Tips for Head, AML & Financial Crimes (PFA) Job Success

    Prudential plc interview tips for Head, AML & Financial Crimes (PFA)

    Here are some tips to help you prepare for and ace your Head, AML & Financial Crimes (PFA) job interview:

    Before the Interview:

    Research: Learn about the Prudential plc's mission, values, products, and the specific job requirements and get further information about

    Other Openings

    Practice: Prepare answers to common interview questions and rehearse using the STAR method (Situation, Task, Action, Result) to showcase your skills and experiences.

    Dress Professionally: Choose attire appropriate for the company culture.

    Prepare Questions: Show your interest by having thoughtful questions for the interviewer.

    Plan Your Commute: Allow ample time to arrive on time and avoid feeling rushed.

    During the Interview:

    Be Punctual: Arrive on time to demonstrate professionalism and respect.

    Make a Great First Impression: Greet the interviewer with a handshake, smile, and eye contact.

    Confidence and Enthusiasm: Project a positive attitude and show your genuine interest in the opportunity.

    Answer Thoughtfully: Listen carefully, take a moment to formulate clear and concise responses. Highlight relevant skills and experiences using the STAR method.

    Ask Prepared Questions: Demonstrate curiosity and engagement with the role and company.

    Follow Up: Send a thank-you email to the interviewer within 24 hours.

    Additional Tips:

    Be Yourself: Let your personality shine through while maintaining professionalism.

    Be Honest: Don't exaggerate your skills or experience.

    Be Positive: Focus on your strengths and accomplishments.

    Body Language: Maintain good posture, avoid fidgeting, and make eye contact.

    Turn Off Phone: Avoid distractions during the interview.

    Final Thought:

    To prepare for your Head, AML & Financial Crimes (PFA) interview at Prudential plc, research the company, understand the job requirements, and practice common interview questions.

    Highlight your leadership skills, achievements, and strategic thinking abilities. Be prepared to discuss your experience with HR, including your approach to meeting targets as a team player. Additionally, review the Prudential plc's products or services and be prepared to discuss how you can contribute to their success.

    By following these tips, you can increase your chances of making a positive impression and landing the job!

    How to Set Up Job Alerts for Head, AML & Financial Crimes (PFA) Positions

    Setting up job alerts for Head, AML & Financial Crimes (PFA) is easy with Singapore Jobs Expertini. Simply visit our job alerts page here, enter your preferred job title and location, and choose how often you want to receive notifications. You'll get the latest job openings sent directly to your email for FREE!