Anti-Money Laundering (AML) and Know Your Customer (KYC) Compliance:
- Develop and implement comprehensive AML and KYC policies and procedures.
- Perform thorough due diligence (DD) and continuous monitoring of clients to ensure regulatory compliance.
- Collaborate with internal teams to identify, evaluate, and mitigate AML risks.
- Provide guidance and training to staff on AML and KYC regulations and best practices.
Regulatory Submissions and Technical Licenses:
- Prepare and submit applications for Capital Markets Services (CMS) licenses and Payment Institutional Licenses to the Monetary Authority of Singapore (MAS).
- Ensure all submissions adhere to MAS guidelines and regulatory standards.
- Stay updated on MAS regulations, MASTX system, and similar regulatory frameworks.
- Draft, review, and submit various reports and required documentation to MAS.
- Liaise with MAS and other regulatory bodies to respond to queries and provide necessary information.
Requirements
- Minimum of 4 years of experience in AML/KYC compliance and regulatory submissions within the financial services industry.
- Experience in MAS reporting for Capital Markets Services Licenses (CMSL) and Major Payment Institution Licenses (MPIL).
- Proven record of stability and success in previous roles.
- Practical experience with MAS regulatory processes, including the MASTX system.
- Strong understanding of AML/KYC principles, regulatory requirements, and industry best practices.
- Excellent written and verbal communication skills for preparing and submitting detailed reports and documentation to regulatory authorities.
- Ability to work independently and manage multiple tasks efficiently in a fast-paced environment.
- High level of attention to detail and strong analytical skills.
- Familiarity with Singapore regulations and the APAC regulatory environment is a plus.
- Proactive in staying informed about regulatory changes and updates.
If you're interested in this role, click 'apply now' to forward an up-to-date copy of your CV or email to [email protected]
CEI Registration Number: R1985071
EA License Number: 21C0661
Company Registration Number: 201127615M
