FinCrime Advisory Senior VP

Senior Vice President, Financial Crime Advisory, Global Private Banking - Risk and Compliance

We are currently seeking a high calibre professional to join our team as a Senior Vice President, Financial Crime Global Private Banking.

Principal Responsibilities

In this role you will

• The SVP of Financial Crime Advisory GPB Singapore is a key strategic risk management leadership role that has broad remit and responsibilities for providing oversight and management of all aspects of financial crime risks including impact analysis of regulatory changes, and driving coordination and execution of various financial crime compliance work streams and assurance, while ensuring alignment with Enterprise Global Standards
• Hold the accountability to ensure business remains compliant with local AML/CFT regulations, through ongoing collaboration with business stakeholders in managing of financial crime risks, and where appropriate, raising practical challenges to ensure controls effectiveness are sustainable
• Be required to build and maintain strong partnership with the GPB Business team (includes Trust and Fiduciary Services), CLM team, Chief Control Office, Other Lines of Business FC colleagues, Local Compliance teams and Regional Risk and Compliance teams, working in collaboration with key stakeholders to drive the implementation of Group and Local FC policies and GPB Standards, through ongoing advisory while balancing risks and controls. The candidate will also provide steer as well as financial crime subject-matter-expert inputs in various financial crime compliance/client due diligence work streams and initiatives underway
• Be expected to be highly knowledgeable and skilful on key regulatory requirements including additions and/or changes to MAS626 Notices and Guidelines, Information Papers, Industry Best Practice Papers, to ensure accurate interpretation of and proactive and effective consultation provided to business for purpose of practical implementation of the regulatory requirements. This role will also be heavily involved in performing gap analysis on the regulatory papers as mentioned, in conjunction with Business
• This is a senior role within the Financial Crime Advisory team supporting GPB Singapore and Trust and Fiduciary Services Business and is expected to work with senior stakeholders across the Bank, including Senior Management team. It will also require representation on behalf of the FC Advisory team in key governance forums
  
  

Requirements

To be successful you will need

• Extensive work experience in the area of AML/CFT/Financial Crime Compliance in order to be able to exercise sound judgement in implementing various AML/CFT and Financial Crime Compliance requirements
• A good working knowledge of MAS 626 Notice and Guidelines, with comprehensive up-to-date knowledge and experience in leading and performing gap analysis of Information Papers and various recently issued Industry Best Practice Papers
• Leadership experience and a strategic thinker
• Excellent communication and inter-personal skills, with experience of dealing with executives at all levels including the capacity to articulate the case for risk management and policy in the language of business and experience of creating, leading and motivating a team
• Strong ability to develop practical, cost-effective solutions to complex issues and significant experience in Risk and Operations Management together with business management, Experience of dealing with regulatory matters and confident interaction with Regulators
• Experience of working within a matrixed environment preferred including good interpersonal skills in managing relationships with international stakeholders and ability to lead change, contributing to joining up with the other teams in Risk and Business within Singapore