Posted by

Recruiter

Good working knowledge of audit processes is an advantage.
About 2 to 5 years of experience working in compliance/ IA /internal control/risk management/ KYC or AML function
Good in linguistic skills with the ability to understand and draft compliance policies

Our client is a renowned and international commodity trading MNC. For this role, you will report to the Head of Finance with the following key responsibilities:

1. Customer Registration

i. Assist in the process to register Buyers, Seller & Traders, screening customers and validating completeness and accuracy of all documentation.

ii. Define and execute registration process for 3rd party suppliers and other significant 3rd parties.

Iii. Flag any Best Practice Principles and Anti-Money Laundering issues to Line Manager, recommend and action approved solutions.

iv. Set up successfully registered customers in Sales Force, website and other relevant systems.

v. Issue customer de-registration communications and oversees de-registration for dormant accounts.

vi. Ensure successful implementation of new customer registration system.

2. Ongoing Screening and Monitoring

i. Monitor all active accounts (SalesForce, customers, suppliers) using defined process, group and external tools.

ii. Action outcomes in accordance with defined policies.

iii. Perform sightholder reconciliations in line with customer records.

3. Code of Conduct

i. Manage and conduct regular updates on Best Practice Principles, Business Integrity, Anti-Trust, Anti-Money Laundering and compliance policies.

ii. Liaising with Data Protection officer to ensure compliance with Data Privacy regulations.

iii. Support on-boarding of new hires through provision of compliance related materials and training.

4. Audit

i. Support external audit process to ensure smooth review process and outcomes.

ii. Co-ordinate Best Practice Principles and Pipeline Integrity audit with relevant stakeholders and manage outcomes.

5. Trading standards

i. Maintain updates and ensure compliance with the firm’s Trading Standard

ii. Ensure staff are trained in latest version of the standard and monitor compliance.

6. Risk Management (impt)

i. Lead in quarterly risk review meetings, pro-active review to identify weaknesses and implement effective legal compliance program.

ii. Draft and revise risk policies, procedures and register periodically.

iii. Pro-active review of risk assessments submitted in line with established risk management policies for projects and processes.

iv. Set plans to manage crisis or compliance violation.

v. Keep abreast of internal standards and external best practices.

7. Financial Compliance

i. Oversight of finance activities from compliance perspective

8. Regulatory Requirements

i. Ensure compliance requirements with local regulatory bodies (PSPM, Company Act, ACRA).

ii. Monitor and report suspicious transactions to internal and external stakeholders.

9. Training

i. Align with Group training plans and co-ordinate Group-lead training for Anti-Money Laundering, Anti-Trust, Business Integrity and other compliance related matters.

10. Contract Management

i. Review and monitor rights and performance obligations of vendor contracts (including insurance) and liaising with internal stakeholders to ensure adequate oversight and achieve value opportunities. Maintain Contracts Register and ensure all contracts remain valid and updated.

Requirements:

• Bachelor’s degree in Law, Business Administration, Accounting, Communications.

•Good working knowledge of audit processes is an advantage.

• About 2 to 5 years of experience working in compliance/ IA /internal control/risk management/ KYC or AML function

• Good in linguistic skills with the ability to understand and draft compliance policies

• Strong communication and business writing skills

• Integrity and professional ethics

• Business acumen

• Attention to detail

To apply, pl send your cv in word doc. Pl also include details on your current salary, expected salary and notice period in your cv.

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

Posted by: