Associate Director, FCC, Monitoring and Surveillance Infrastructure - Singapore

LMA Recruitment
Competitive Package
13 Aug 2017
21 Aug 2017
Contract Type

Key Roles and Responsibilities 
·        Analyse comprehensive impact of financial crime related regulatory matters on the relevants business area and its operations.
·         Ensure that key changes (to laws, rules, regulations) are communicated and cascaded (in region/country), in coordination with group communications.
People and Talent
·        Provide leadership, management and coaching to direct reports to ensure they are highly engaged and performing to their potential.
·         Promote and embed a culture of openness, trust and risk awareness, where ethical, legal, regulatory and policy compliant conduct is the norm.
·         Stimulate an environment where forward planning, prioritisation, deadline management and streamlined workflows and collaborative, inclusive yet effective and efficient work practices are the norm.
·         Ensure staff in Department have clearly articulated and well understood roles and responsibilities through meaningful and accurate job descriptions.
Risk Management
·        Understand technical aspects of systems relevant to CDD, Client Risk Assessments, AML Monitoring and Case Management
·         Apply risk and data analytic tools/techniques to optimise and tune relevant detection scenarios, and screening and monitoring systems.
·         Review and assess existing system and controls relevant to FCC to ascertain  operational performance and effectiveness.
·         Align/support with the alignment of relevant systems and controls to industry best practice and close out any compliance gaps.
·         Apply Group and FCC policies and processes (AML monitiring) to manage risks.
·        Ensure that detection scenarios that are developed and deployed are fit-for-purpose.
·        Attend relevant leadership meetings.
·         Ensure tracking and remediation of surveillance and investigations related regulatory findings.
·         Prepare and cascade lessons learned from audit findings, FCC assurance activities and specific investigations.
Regulatory & Business conduct
·        Display exemplary conduct and live by the Group's Values and Code of Conduct.
·        Take personal responsibility for embedding the highest standards of ethics, including regulatory and business conduct, across the bank. This includes understanding and ensuring compliance with, in letter and spirit, all applicable laws, regulations, guidelines and the Group Code of Conduct.
·        Lead the  function/ team to achieve the outcomes set out in the Bank's Conduct Principles: Fair Outcomes for Clients; Effective Operation of Financial Markets; Financial Crime Prevention;  The Right Environment
·        Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.
Key Stakeholders
·        Business and segment FCC
·        Country FCC heads
·        ITO

 Qualifications and Skills
 ·        Graduate / basic qualifications in banking/ finance/ audit/ systems
·        ACAMS or equivalent
·        Knowledge of sanctions and monitoring applications

EA Reg no: R1216327

EA Licence No: 11C4684

Company Reg. No: 201131609D