Specialist, Anti- Money Laundering (AML) Compliance - Singapore

Role Responsibilities 

The AML Compliance Specialist, reporting to the AML Compliance Senior Manager will be a member of Singapore Compliance team in managing aspects of AML and Regulatory compliance, ensuring WUGN’s continued adherence to MAS requirements and Western Union global minimum standards.

·       Support the preparation of regulatory submissions, responses to requests from regulators, law enforcement agencies, agents, and business partners, ensuring records are complete and accurate.

·       Maintain compliance records, documentation, and supporting evidence required for internal audits, external audits, and regulatory examinations.

·       Support periodic compliance reviews, monitoring activities, and on-site visits to Western Union-owned locations, including the coordination of training and awareness initiatives for Front Line Agents.

·       Perform periodic compliance sampling checks to verify adherence to internal policies, procedures, and regulatory requirements, and support the tracking, escalation, and remediation of identified issues.

·       Support audits and examinations, by preparing requested documents, maintaining supporting evidence, tracking information requests, and coordinating responses with relevant stakeholders.

·       Perform administrative and operational tasks associated with compliance activities, including record keeping, tracking of action items, and follow-up on compliance-related matters.

Role Requirements 

·       Bachelor's degree with strong written and verbal communication skills, knowledge in other languages is a plus.

·       Good understanding of basic AML/CFT concepts and MAS regulations.

·       At least 1-2 years’ experience with relevant AML certifications (ACAMS, ICA, etc.), or willingness to pursue them will be an advantage

• Analytical and problem-solving skills.
• Strong written and verbal communication skills. Detail oriented. Working knowledge of MS Word, Excel. 
• Must be technically adept and able to be comfortable with systems for monitoring and reporting.

Workplace Option

HYBRID - Western Union values in-person collaboration, problem solving, and ideation whenever possible. We believe this fosters common ways of working and supports how we execute initiatives for our customers. The expectation is to work from the office a minimum of three days a week.

Benefits 

You will also have access to short-term incentives, multiple health insurance options, accident and life insurance, and access to best-in-class development platforms, to name a few 
(https://careers.westernunion.com/global-benefits/). Please see the location-specific benefits below and note that your Recruiter may share additional role-specific benefits during your interview process or in an offer of employment. 

Your Singapore specific benefits include:

• Personal Time Offs
• Employee Assistance Programs
• Global Recognition and Rewards Programs
• Employee Wellness

We are passionate about 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 based on race, color, national origin, religion, political affiliation, sex (including pregnancy), sexual orientation, gender identity, age, disability, marital status, or veteran status. The company will provide accommodation to applicants, including those with disabilities, during the recruitment process, following applicable laws. 

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Estimated Job Posting End Date:

This application window is a good-faith estimate of the time that this posting will remain open. This posting will be promptly updated if the deadline is extended or the role is filled.