Head of AML

Head of Anti-Money Laundering
BTI executive search is representing our client for the Head of Anti-Money Laundering (AML) position. The incumbent is responsible for leading and overseeing the Bank’s financial crime compliance framework in Singapore. This role ensures that the Bank maintains a robust AML/CFT programme in line with regulatory requirements and internal global standards, while effectively managing financial crime risks across all business lines.
Key Responsibilities
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Lead the design, implementation and continuous enhancement of the Bank’s AML/CFT policies, procedures and controls.
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Ensure compliance with applicable Singapore regulations and guidelines issued by the Monetary Authority of Singapore (MAS).
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Oversee customer due diligence (CDD), know-your-customer (KYC) processes, enhanced due diligence (EDD), name screening and ongoing monitoring activities.
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Supervise transaction monitoring and ensure timely escalation and reporting of suspicious transactions to the relevant authorities.
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Act as the primary liaison with regulators and internal auditors on AML-related reviews, inspections and queries.
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Provide advisory support to business units on AML risks, regulatory interpretation and complex client onboarding cases.
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Lead periodic risk assessments, gap analyses and remediation initiatives to strengthen the financial crime control framework.
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Deliver AML training and awareness programmes to ensure a strong compliance culture across the organisation.
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Collaborate with regional and head office teams across APAC to ensure consistency in financial crime standards and regulatory alignment.
Requirements
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Bachelor’s degree in Law, Finance, Business, or related discipline.
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Minimum 10-15 years of experience in AML/CFT or financial crime compliance within the corporate banking sector.
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Strong understanding of Singapore regulatory expectations and MAS AML guidelines.
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Proven leadership experience managing compliance teams and engaging with regulators.
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Strong analytical, communication and stakeholder management skills.
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Professional certifications such as CAMS or ICA qualifications are advantageous.