What is the Opportunity?
- Work as part of the creation of CACEIS Bank Singapore Branch, supporting the delivery of core elements of the AML / Financial Crime and Regulatory Compliance Management Plan as it relates to acting as MLRO and Compliance Officer for CACEIS Bank Singapore Branch and the funds to which it provides administration services.
- Support the development of a strong and consistent compliance culture and alignment to CACEIS’ operating model.
- Work with the CACEIS Group AML/Financial Crime team to support the business lines and adherence to policies and procedures.
- Singaporeans are encouraged to apply.
What will you do?
- Act as MLCO and Compliance Officer for the business and its administered funds.
- Investigate internal SARs submitted from the Business Line.
- Ensure that appropriate business and customer risk assessments are in place and appropriate for the specific fund.
- Develop or maintain control plans for each client and fund.
- Ensure the completion and testing of compliance control plans in a timely and effective manner.
- Collaborate with Group Corporate Compliance/AML team members for continuous improvement of processes and to share best practices.
- Prepare local management reports.
- Oversee and support the management of higher-risk business activities and relationships, including PEPs, as well as specific AML/CFT issues and exposures.
- Manage responses to local regulator inquiries, surveys and questionnaires, and lead preparation for on-site reviews or audits.
- Manage the preparation and maintenance of local procedures for the funds.
- Participate in enterprise-wide compliance initiatives.
- Liaise with the local regulator on regulatory topics.
Additional information
- Region: Singapore
- Working hours: 9:00am–6:00pm
- Remote work: unauthorized
- Position with management: No
- Minimum level of study: Bachelor Degree / BSc Degree or equivalent
- Minimum experience level: 6–10 years
Training / Specialization
University degree and/or appropriate designations as a compliance professional, with professional designation in areas such as law, risk management and/or audit. Broad knowledge of the regulatory framework and proven AML compliance experience assessing financial crime factors.
Skills needed
- Knowledge of regulatory compliance frameworks, including the Code of Practice for Funds Services Business and Collective Investment Funds regulation.
- Ability to accept accountability, demonstrate initiative, work with limited direct supervision and support.
- Effective cross-unit cooperation and information sharing.
- Creative, strategic and analytical thinking, with sound analysis and judgment.
- Strong verbal and written communication skills and ability to generate concise reports.
- Knowledge of applicable internal policies, procedures, laws and regulations, particularly those associated with trust company and fund services businesses.
- Strong interpersonal, organizational and time-management skills, with the ability to meet deadlines and work under pressure.
- Proactive approach, attention to detail and ability to work independently.
IT tools
Solid working knowledge of the company’s IT systems and competent IT skills, particularly Microsoft Excel.
Languages
English is mandatory; French is an asset.
What’s in it for you?
CACEIS offers a comprehensive Total Rewards Program including performance-based bonuses, flexible benefits and competitive compensation, alongside development support, training and a collaborative culture.
CACEIS is the asset servicing banking group of Crédit Agricole dedicated to asset managers and institutional investors. It provides services across Europe, North and South America and Asia, including custody, depositary, fund administration, fund distribution support, middle-office outsourcing and issuer services.