Assistant Vice President, Global Financial Crimes Compliance Testing Assistant Vice President, Global Financial Crimes  …

in Singapore, Singapore, Singapore
Permanent, Full time
Last application, 01 Jun 20
Competitive package awaits you!
in Singapore, Singapore, Singapore
Permanent, Full time
Last application, 01 Jun 20
Competitive package awaits you!
Responsible for supporting the Global Financial Crimes Compliance Testing - Asia (“GFCCT”) function in performing deep dives and targeted risk-based thematic reviews of financial crimes compliance (AML, Sanctions, ABC) processes globally/regionally with an emphasis on the design and effectiveness of measures (controls) taken to monitor and mitigate financial crimes risk.

Job responsibilities:

  • Assist in conducting and supporting financial crimes compliance reviews for MUFG branches in Asia Pacific that evaluate the effectiveness of existing financial crimes compliance, as well as, the design and implementation of relevant controls, such as escalation processes, documentation of policies and procedures, reporting, list screening, regulatory change management, governance framework, and training
  • Assist in developing test plans, scripts, procedures, and sampling methodologies that incorporate regulatory expectations, industry developments and lessons learned from internal and external (including regulatory) findings
  • Assist in implementation of a coordinated, consistent, and risk-based AML, Sanctions, and ABC testing program
  • Assist in developing and maintaining quality control processes to drive adherence to Global Testing Standards
  • Assist in the drive of central coordination, governance, reporting, and leveraging regional structures and best practices
  • Assist in preparing/reviewing reports summarizing the objectives, scope, findings, and conclusions of completed testing including root cause analysis
  • Assist in the validation of Management Action Plans designed to address remediation efforts and testing review findings
  • Assist in the coordination with Issues Management for monitoring and tracking resolution of financial crimes testing findings
  • Monitor developments, such as changes in the regulatory environment, which may necessitate ad hoc testing
  • Support general financial crimes/ compliance activities and other duties, including special projects as assigned


Job requirements:

  • Minimum of 5 years of experience performing financial crimes testing or exposure to financial crimes-related quality control and/or quality management functions in a global bank/ financial institution, accountancy/ consulting firm or regulatory agency
  • Knowledge of financial crimes compliance laws and regulations
  • Excellent judgment and analytical skills
  • Experience working with compliance testing scripts and with performing testing reviews or audits
  • Experience in working in diverse testing teams
  • Strong written and verbal communication skills
  • BA/BS Degree; JD,CPA, CIA, and/or CAMS a plus
  • Data analytics capability in the context of the financial crimes testing a plus
  • High proficiency in written and spoken English a must. Mandarin, Japanese and Korean language requirements is a plus not essential
  • Some travel will be required


We regret to inform that only shortlisted applicants will be notified.