Senior Director, Head of AML Operations

Job description

​Seeking a seasoned Senior Executive, to head the Anti Money Laundering (AML) Operation establishment, within retail banking, responsible to lead Line 1 Anti Money Laundering (AML) operation functions, driving operational excellence and proactive risk management across the retail banking continuum, playing a strategic pivotal role in the organization's AML Uplift initiatives.

Responsibilities

Strategic Management

• Lead the design and execution of AML controls across Group Retail, including frontline, product, digital, operations, and support units.

• Drive the strategic prioritization of initiatives required for AML Operational controls in alignment with MAS directives and internal governance structures.

• Maintain oversight and accountability over offshored AML activities and teams.

• Spearhead the AML Enterprise-Wide Risk Assessment (EWRA) and AML Control Self-Assessment (CSA) programs.

• Partner Line 1.5 and Line 2 to ensure that emerging trends and threat as observed are feedback as well as cascaded to Line 1 control functions.

Quality Execution

• Partner with Line 1.5 Advisory and Assurance team to ensure cohesive implementation of controls.

• Oversee end to end AML Operational processes such as data and record retrieval, effective assignment of alerts and triggers. post-STR validations, onboarding reviews (OGR, ODD), and appeals processes.

• Ability to direct large teams on the ground, including teams which may not report directly to himself/herself to ensure quality execution.

• Ability to identify operational gaps and proactively design effective controls to mitigate operational risks.

Data Analytics

• Develop and monitor AML risk metrics and dashboards.

• Leverage data analytics to achieve operational excellence and effective monitoring of end to end risk signals.

Governance & Stakeholder Engagement

• Manage audit and compliance reviews, ensuring timely remediation of gaps.

• Elevate AML competencies through training, communications, and quality assurance.

Senior Leadership

• Spearhead a team of AML Operation Managers, ensuring continuous upskilling and performance management.

• Foster a culture of accountability, integrity, and innovation in AML operations.

Qualifications

• Minimum 20 years of experience in banking, with deep expertise in managing large scale operations. Experience in AML/CFT operations will be preferred.

• Proven leadership in managing cross-functional teams and complex regulatory environments.

• Strong stakeholder management and communication skills.

• Experience in data analytics and risk metrics development is highly desirable.

• Experience in leading transformational initiatives to uplift efficiency and effectiveness.

If you hold experience in managing Anti Money Laundering (AML) operations, within group retail banking, do reach out to Leonard Toh at LeonardT@charterhouse.com.sg for a discussion.

EA License no: 16S8066 | Reg no.: R1657935

Only successful candidates will be notified.