Company Description
FAB, the UAE's largest bank and one of the world's most secure financial institutions, is dedicated to creating value for its employees, customers, shareholders, and communities. Through innovation, agility, and differentiation, FAB is committed to fostering growth. We are looking for top talent and your success is our success. Accelerate your growth as you help us reach our goals and advance your career. Be ready to make your mark a top company, in an exciting and dynamic industry
Job Description
JOB PURPOSE:
As part of the broader Compliance Team, the incumbent will form part of the Financial Crime Compliance (“FCC”) Team primarily responsible for supporting FAB Singapore’s FCC Program which covers the areas of anti‐money laundering (“AML”), countering the financing of terrorism (“CFT”), anti‐bribery and corruption (“ABC”) and sanctions compliance.
The role supports the FCC program for FAB Singapore and Labuan Branch.
KEY ACCOUNTABILITIES:
- Act as one of the primary contact and subject matter expert covering AML/CFT, sanctions and KYC for FAB Singapore and Labuan Branch.
- Ensure BAU tasks, including but not limited to, periodic customer database screening, SWIFT message filtering, transactions monitoring and KYC reviews are attended to in a timely manner.
- Perform compliance monitoring reviews in accordance with Annual Compliance Plan.
- Collate and prepare periodic MI reports for various local management committees and Head Office.
- Assist to perform and/or review periodic EWRA from FCC perspective for FAB Singapore and Labuan Branch.
- Assist to develop, establish and implement the FCC Program incorporating best work practices into the respective FCC policies and procedures in ensuring a robustness and effective implementation of the FCC Program across FAB Singapore and Labuan Branch.
- Assist to continuously ensure the FCC Program is fit-for-purpose.
- Assist to provide advise relating to FCC matters.
- Provide cover for the broader Singapore Compliance Team, where necessary.
- Any other ad hoc tasks as may be assigned to assist the wider Singapore Compliance Team.
Qualifications
Minimum Qualification
- A recognized degree in Business, Banking, Accounting, Finance, Engineering or equivalent.
Minimum Experience
- Minimum 5 years of relevant experience in AML, sanctions and ABC.
- In‐depth knowledge of MAS Notice 626 and Guidelines to MAS Notice 626.
- Working level understanding of trade-based money laundering controls.
- Good writing and communication skills, and comfortable interacting with stakeholders from different cultures and background.
- Self‐starter, resourceful, independent, meticulous, team player and able to work well under pressure.
- Ability to multi‐task, prioritize and deliver consistent results.
- Proficiency in Microsoft suite of products, in particular, MS Excel and MS PowerPoint.
- Strong data analytical skills and comfortable with voluminous data.
What We Do
FAB, the UAE’s largest bank and one of the world’s largest financial institutions offers a an extensive range of tailor-made solutions, and products and services, to provide a customised banking experience. Through its strategic offerings, it looks to meet the banking needs of customers across the world via its market-leading Corporate and Investment Banking and Personal Banking franchises.
Headquartered in Abu Dhabi, in Khalifa Business Park, the bank’s international network spans over 19 countries, across the world, providing the global relationships, expertise and financial strength to support local, regional and international businesses seeking to do business at home and abroad. In line with its commitment to put customers first, to Grow Stronger, FAB will continually invest in people and technology to create the most customer-friendly banking experience and will support the growth ambitions of its stakeholders across the global network in which the bank operates.
To empower its customers and clients to Grow Stronger, FAB is initiating a powerful movement, which goes beyond banking. The Grow Stronger movement represents the bank’s promise to support its stakeholders’ goals and growth ambitions, providing ideas, tools and expertise to help them become stronger, today and in the future. Through a strong, diversified balance sheet, leading efficiency and a solid corporate governance structure in place, FAB is set to drive growth forward.
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