US Resident

The content of our website is not intended for persons resident, or partnerships or corporations organised or incorporated inside the United States (“US Residents”). UBP does not market, solicit or promote its services inside the jurisdiction of the United States at any time. The content provided on the UBP website is intended to be used for general information purposes only. Therefore, nothing on this website is to be construed as an investment recommendation or an offer to buy or sell any security...

  • e-banking - EMEA

    Banking platform dedicated to private clients in EMEA

    Visit
  • e-banking Asia

    E-banking platform dedicated to UBP’s private clients in Asia

    Visit

Search

Go Back

Compliance Officer

Office
Singapore
Start Date
01.12.2024
Working hours
100%
Type of contract
Permanent

Mission

.


Main responsibilities

Role Overview

This person provides support to the Singapore Compliance team, handling the day-to-day spectrum of compliance activities for the Singapore branch, to ensure that the business operations adhere to the requirements of the Monetary Authority of Singapore, the Swiss Financial Market Supervisory Authority (FINMA), and all relevant compliance-related laws and regulations, including anti-money laundering/sanctions/countering of terrorist financing/ anti-bribery and corruption (“AML/S/CFT/ABC”) laws and regulations; as well as internal compliance policies and procedures. 

This person will assist in implementing an efficient control program through ongoing review process, suspicious transaction monitoring, investigation (including internal disclosures) and reporting.

Responsibilities
  • Assisting management, Head of Compliance Singapore and Head of AML in their prime responsibility to comply with all relevant AML/S/CFT/ABC policies and procedures, from group guidance & local regulatory perspective, to ensure the local office has effective control framework with ongoing reviewing /testing programs in place
  • Primarily responsible for AML/S/CFT/ABC transaction monitoring & account surveillance, as well as data mining.
  • Assist in implementing and maintaining AML monitoring tools (SWIFT, Pythagoras and IMTF, etc)
  • Handle threshold tuning exercises for the AML monitoring tools
  • Identify and rectify control weakness through ongoing review/monitoring of the AML/S/CFT/ABC control framework from group and local regulatory requirement perspective
  • Conduct all necessary regular reviews and surveillance on Compliance and AML/CFT/ABC controls framework, including but not limited to client acceptance, periodic review process, transaction monitoring, payment filtering & client screening clearance, timely STR filing and maintenance of register, business activities/processes, enterprise-wide risk assessment, high risk transactions reviews, etc.
  • Prepare working papers and draft monitoring reports for review; follow up and monitor clearance of issues
  • Assist in the preparation and submission of compliance/regulatory reports for management, regulators, auditors, etc.
  • Conduct AML/CFT/FATCA/CRS training, keep up to date with implementation of new or revised regulations and update bank staff of the same
  • Assist in preparation of material for AML/S/CFT/ABC training
  • Assist in audits and inspections, and investigations where required
  • Assist Head of Compliance, Singapore, Head of AML and the Compliance team in any other work matters such as Monitoring & Surveillance or General Advice.
  • Involvement in ad hoc special work projects as and when required


Personal skills

A keen interest to learn and perform general compliance matters. Good interactive, communication and writing skills. Familiar with tools such as VBA, Microsoft Access. Able to provide alternative solutions to business. Motivated and innovative; able to handle issues and resolve challenges in collaboration with colleagues. Team player.


Education

  • Education: Bachelor Degree

Experience

  • Years of experience: 3-7 : intermediate
  • Experience required: 5-7 years of relevant experience in general compliance and financial crime compliance, preferably in a Singapore private bank.
  • Experience in private banking: Mandatory

Language

  • English: Fluent

OTHER

  • Swiss resident: N/A

Apply Now Back to list
e-Recruitment Portal – Guidelines for handling personal data supplied by applicants

This online recruitment system (hereinafter, ‘e-Recruitment Portal’ or ‘Portal’) is used by the Geneva headquarters of Union Bancaire Privée, UBP SA (hereinafter, ‘UBP’) in accordance with Swiss law, in particular with regard to data protection, and with the principles below. The e-Recruitment Portal allows any person (hereinafter, ‘Applicant’), excluding recruitment consultants and headhunters, to submit either an application for a vacancy listed on the Portal or an unsolicited application.

UBP guarantees the confidential handling of any personal data received via the e-Recruitment Portal, such as names, addresses and other information relating to the Applicant’s identity and professional history (hereinafter, ‘Personal Data’). The Personal Data are securely saved and stored in-house and can be accessed only by those people dealing with the application. In sending their Personal Data via the e-Recruitment Portal, the Applicant accepts the inherent risks of transmitting data over the Internet, which cannot guarantee the data’s absolute protection and security. In sending their Personal Data to us, the Applicant consents to the use of this data by UBP and/or any affiliate of UBP Group (hereinafter, ‘UBP Group’) as part of the recruitment process, in particular by the human resources departments involved in assessing and following up the application. Should the vacant position be located outside Switzerland or should the Applicant’s profile be of interest to one of UBP Group’s entities abroad, the Applicant agrees in advance that their Personal Data may be transmitted to the entity in question. Moreover, they accept that the law applicable to that entity may not offer legal safeguards equivalent to those of Swiss law, as regards data protection and employees’ rights. UBP also pledges not to divulge, make accessible and/or sell Personal Data to third parties outside UBP Group without the Applicant’s consent, unless the communication of this information is ordered by a state body, a legal or supervisory authority, and/or required by law. Furthermore, if the Applicant supplies the name of a third party to UBP as a reference contact, it is the Applicant’s responsibility to inform the person in question beforehand. The Applicant also agrees to the reference being contacted by representatives of UBP. If the Applicant applies through a recruitment agency or headhunter, as well as via the e-Recruitment Portal, only the application that UBP receives first will be considered. Lastly, the Applicant is reminded that, under Swiss law, they have the right to access data concerning them, as well as the right to correct any inaccurate information that they may have submitted. To do so, the Applicant should contact UBP via the e-Recruitment Portal, clearly stating the subject of the request. The Applicant’s file will be kept as long as it is being processed by the departments concerned within UBP Group. The original documents will then be returned to the Applicant and the copies destroyed, unless the Applicant consents to their being kept on file. By entering Personal Data into UBP’s e-Recruitment Portal, I agree that my data be handled in accordance with the above rules and principles, which I have read and understood. I agree to UBP keeping my application on file, should UBP believe that my profile might be relevant to another position in the future.

Subscribe to our newsletters