VP, Financial Crime Compliance

About the role

The NETS Group, a payments services group operating Singapore's national debit scheme, is hiring a VP, Financial Crime Compliance in Braddell. You will assist the Senior Vice President Compliance in handling fraud investigations and managing the risks of money laundering, terrorism financing and sanctions.

Key responsibilities

• Mentor and supervise the Financial Crime Compliance team, managing daily operations, performance and quality standards.
• Lead investigations into alerts from transaction monitoring systems, ensuring high-risk customers and suspicious activity reports are reviewed and filed on time.
• Oversee enterprise-wide ML/TF/PF risk assessments and maintain internal financial crime policies and procedures.
• Oversee compliance monitoring and testing programs, including test results and reports.
• Act as a key contact for regulatory enquiries, audits and internal stakeholder advice, ensuring adherence to local and international standards.
• Identify automation and efficiency improvements and manage change initiatives within the function.
• Manage monthly compliance reporting to Senior Management and the Board, and drive assigned compliance projects with business stakeholders.

Required profile

• Relevant degree in accounting, finance, financial analysis, economics or business.
• Certified Money Laundering Specialist (ACAMS) certification or a Diploma in AML with the International Compliance Association.
• At least 10 years of experience in financial crime/AML, including leading a team.
• Experience in financial institutions, law enforcement, intelligence/analysis or regulation is preferred.

Required skills

• Ability to work under tight deadlines, make decisions and work independently.
• Strong stakeholder engagement, collaboration, negotiation and communication skills.
• Analytical, problem-solving and prioritisation skills.
• Strong documentation and report writing skills.