AML Regional Lead, Asia

Do you want to apply your AML expertise within Correspondent Banking and be responsible for delivering a best-in-class onboarding and ongoing monitoring framework and implementing Banking Circle’s standards locally, focusing on our APAC business?

Banking Circle is a truly international and vibrant company with more than 600 skilled and dedicated employees worldwide. We are a differentiator in the market who provides the stability of a Bank and the flexibility of a Fintech, in order to deliver a payments solution to our clients as we continue transforming the Banking and Payments industry for the new economy.

About the role
We are looking to hire a skilled AML Regional Lead to join our team in Singapore, reporting to the Head of Business AML.

In this role you will be responsible for the AML operational team in Singapore, including CDD, EDD and Sanction Screening, focusing on our client base and offering in Asia. Working closely with both the 1st and 2nd lines of defence, you will be responsible for managing the outsourcing arrangements, setting the tone and framework for the team and forming a strong partnership with the commercial team. The role holder will also be responsible for enhancing our local AML model for our local PSP business.

You will have direct performance management responsibilities for the AML FTE based in Singapore with the goal of ensuring a motivated and empowered team as well as an efficient, client focused and regulatory adhering client due diligence and monitoring regime. You will work with the function heads within Europe and UK to align the model, with a localized approach, ensuring a seamless, best in class AML function.

What you will be doing

• Work with the AML function heads in UK and Europe to ensure robust implementation and ongoing delivery of outsourced activities incl. Sanction Screening and CDD / EDD
• Provide SME AML advice to stakeholders within the business (commercial, compliance, operations) in a collaborative and educational way
• Ensure critical partners are aware of all potential financial crime risk exposure and consideration
• Provide AML subject matter expertise for expansion plans into new verticals and territories ensuring a constant flow of knowledge across the business
• Drive consistency in operating standards across KYC related operations
• Report to Senior Management monthly on the KRI and KPIs and associated trend analysis

What we are looking for
To be the right candidate for this position, we are looking for an individual with experience in similar roles, having led AML teams within correspondent banks / payment businesses with a global footprint. The individual is an SME in AML and has a pragmatic and proportionate approach to reviewing client cases. Excellent knowledge of ML/TF risks related to Payments, Correspondent Banking and Virtual Assets together with experience in building, and implementing, strategy for financial crime related topics.

You have a sound understanding of regulation and legislation impacting PSPs, Banks and Virtual Asset firms globally. You have strong critical thinking and analytical capabilities which enables you to manage both BAU and change initiatives. You have excellent people management skills and possess performance management skills that will empower the team regardless of seniority, driving a high-performance culture in your team through trusted status with team members.

As a person you are result driven, with an ability to build strong working relationships with key senior stakeholders. You are able to work well under pressure and to changing requirements with minimum supervision.

As Banking Circle is an international company it´s a requirement, that you are fluent in English. Local language skills are seen as an advantage.

What we offer you
We offer a hybrid work model for our employees to allow for flexibility and productivity. However, we do expect you to spend most of your time in the office to build community and efficiency in the team. Furthermore, we offer a competitive salary and a generous benefit package, opportunities for continuous learning, development, and a dynamic and collaborative culture that values personal initiative and professional achievements.

Would you like to join us?
We will be conducting interviews continuously; therefore, we urge interested candidates to apply online as soon as possible.
Please note that applications or CVs coming through email or direct messages will not be accepted or considered.

If you have questions do not hesitate to contact Ellen Aastrup Lentz, Global Recruitment Partner on ellm@bankingcircle.com. No agencies, please.

Department:

Lokation: Singapore (SG)