Role Overview:
As Senior Vice President, Anti-Financial Crime (AFC) at the Group level, the incumbent will lead and oversee key functions related to Know Your Customer (KYC) and Customer Due Diligence (CDD) across the bank's corporate and investment banking sectors. This role is critical in ensuring adherence to anti-money laundering (AML), counter-financing of terrorism (CFT), and sanctions regulations, with a focus on customer segments including Wholesale Banking and Investment Banking within Singapore.
The SVP will be instrumental in driving compliance excellence, streamlining operational efficiency, and maintaining a risk-aware culture across the AFC teams. The role requires close collaboration with internal stakeholders, audit functions, and regulatory bodies while maintaining a robust control framework across multiple jurisdictions.
Key Responsibilities:
AML/CDD Strategic Leadership: Support the Head of AFC Operations (COE) by leading the execution of the AML CDD strategy across Corporates and Investment Banking segments. Ensure alignment with Group Compliance policies and regulatory frameworks.
Operational Efficiency & Process Enhancement: Consistently evaluate and work with stakeholders to enhance processes, achieve operational efficiency, and ensure uniform interpretation and application of AML/CFT policies.
Policy & SOP Management: Oversee the revision and update of local Standard Operating Procedures (SOPs) and workflows to maximize operational effectiveness.
Risk & Compliance Reporting: Prepare timely management reports and deliver AFC-related training programs. Highlight potential risks and proactively share best practices for managing financial crime risks.
Customer Due Diligence (CDD): Review, sign off, and oversee due diligence for high-risk customers, ensuring compliance across all jurisdictions. Collaborate with teams to ensure KYC teams meet regulatory standards throughout the customer lifecycle.
Audit & Regulatory Engagement: Manage queries from internal/external audits and regulatory reviews, working closely with the Group AFC Ops function to ensure favorable outcomes.
KYC Team Leadership: Provide oversight and leadership to the KYC teams to ensure compliance with all Bank and Regulatory requirements. Establish processes that enable the achievement of Key Operational Risk Indicator (KORI) metrics.
Cross-Border Coordination: Manage business efficiency in overseas branches via centralization, ensuring that policies and standards are continuously updated to reflect regulatory changes and industry best practices.
Stakeholder Communication & Influence: Maintain strong relationships with senior stakeholders, providing expert advice and support on complex KYC matters while balancing risk management with commercial goals.
FACTCA & CRS Reporting: Collaborate with the Group AFC Ops to support FACTCA and CRS reporting obligations.
Key Qualifications & Skills:
Proven Track Record in AML/KYC: Demonstrated experience in handling complex regulatory matters related to financial crime, KYC, AML, and CFT within a corporate banking environment.
Analytical & Strategic Thinking: Strong ability to analyze complex strategic issues related to AML, CDD, and transaction monitoring, translating them into actionable insights.
Leadership & Team Development: Proven ability to lead, develop, and manage teams, with a focus on cultivating a high-performance culture.
Stakeholder Engagement: Experience advising senior stakeholders, with the confidence, knowledge, and stature to influence decision-making at the executive level.
Risk Management Expertise: In-depth knowledge of financial crime risks and typologies, with the ability to implement robust control frameworks that balance risk management with business objectives.
AML Certification: Possession of professional AML certifications (e.g., CAMS, Diploma in AML) is highly advantageous.
Core Competencies:
- Integrity and strong ethical judgment
- Strategic and analytical mindset
- Excellent communication and influencing skills
- Strong leadership and mentoring capabilities
- Resilient and adaptable in a dynamic regulatory environment
