1+ months

AML Compliance Manager - Singapore

Singapore, Singapore

AML Compliance Manager Singapore

Are you passionate about preventing money laundering and other criminal activity? Are you interested in being part of a cutting-edge compliance team? Join Western Union as an AML Compliance Manager.

Motivated by our values: purpose driven, globally minded, and trustworthy & respectful

Were a FinTech thats using insight from customers and colleagues worldwide to improve financial services for families, small businesses, multinational corporations, and non-profit organizations. Were a team of over 8,000 employees serving 200 countries and territories. We believe when money moves, better things happen.

Better requires process discipline and simplification

As the AML Compliance Manager for Western Union Global Network Pte Ltd (hereinafter: WUGN), You will play a critical role in the function of our Compliance department globally to ensure that we adhere to all applicable laws and regulations. You will be the person who builds, reviews, and tests AML Compliance programs to ensure they meet the regulatory standard. Youll evaluate controls both internally and with our agent partners through analysis and support our partners in delivering our compliance programs. This will be done through continuous reviews and training sessions. Youll provide recommendations to internal stakeholders in relation to regulatory and internal policy requirements on AML/CTF and sanctions in line with global and Singapore regulatory requirements. You will also be expected to coordinate and review reports related to WUGN AML activities. you will be the point of contact with regulators, including coordination for any regulatory on-site inspections, you need to ensure good communication with local regulatory authorities (e.g., MAS, Singapore Police Force, Immigration & Checkpoints Authority Singapore and etc.) regarding licensing, financial crimes, and other relevant matters as required, and assist internal and external auditors. You will monitor any updates and interpret relevant AML laws rules and regulations and escalate any cases that require management attention.

For such a significant role, youll have 10 years of working experience in a Major payment Service Provider licensed under MAS, of which at least 7 years of experience in AML/CFT function. You must also hold a Bachelors degree and CAMS certification. You will need to have a thorough understanding of Money Transfer products and business models and knowledge of various payment products and financial products will be a plus. You must also be well-versed in AML regulations within the Payment Service Provider industry and in-depth knowledge of the regulatory landscape is expected. Along with this, you need to be a team player in communicating and coordinating various Compliance related matters with local, regional, and global internal stakeholders.

Join us, and lets connect the world

Western Union is transforming its business and shaping the financial services sector by driving quality, convenience, and customer service to new levels of excellence. Its an exciting time for our organization, as the largest cross-border money transfer operator, trusted by millions of consumers around the world. If youre ready to unleash your potential to help drive change through bottom-up innovation, apply now.

Were a company on the move, and we want our people to grow and develop. Youll have plenty of opportunities to learn new skills and build a career, as well as a great salary and benefits package.

We are passionate about our diversity. Our commitment is to provide an inclusive culture that celebrates the unique backgrounds and perspectives of our global teams, while reflecting the communities we serve. We do not discriminate on the basis of race, color, national origin, religion, political affiliation, sex (including pregnancy), sexual orientation, gender identity, age, disability, marital status, or veteran (U.S.) status. The company will provide accommodation to applicants, including those with disabilities, during the recruitment process, in accordance with applicable laws.




  • Banking / Finance
Posted: 2022-04-07 Expires: 2022-06-26

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AML Compliance Manager - Singapore

Western Union
Singapore, Singapore

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