Director - Global Investor AML Team, Assistant Vice President

State Street
Not disclosed
04 Jan 2022
04 Feb 2022
Approved employers
Approved employer
Contract type
Full time
Experience level
Who we are looking for

We are looking for Assistant Vice President to be part of Global investor AML team based out of Singapore.

Why this role is important to us

The team you will be joining is a part of our Alternative Investment Solutions group, a recognized industry-leading provider of fund accounting, fund administration and risk services to our clients investing in private markets, real assets and hedge funds. These services are fully integrated to provide complete end-to-end solutions that span the front-, middle- and back-office requirements of institutional investors.

Join us if making your mark in the alternative investment industry from day one is a challenge you are up for.

What you will be responsible for

As Director - Global Investor AML Team, AVP you will

  • Build and develop strong client relationships, representing the Investor Services and AML group. Act as point of contact for raised queries and prioritize the issues. Ensure we provide efficient and excellent client services. Have listening ears and obtain feedback on our services for improvement. Encourage open client discussions.
  • Motivate and initiate team developmental opportunities, trainings and encourage participation in mentor programs that can make AML team a successful one. Engage in team bonding to obtain a smooth workflow, co-operation and trust. Retain employees by building an environment of continued learning and development.
  • Monitor and ensure overall day to day operations and client deliverables are met. Accountable for team controls. Liaise with and support other business units. Organise regular meetings with case managers and promote one-to-one meetings within the team to discuss and understand more on clients issues.
  • Prioritizing projects and encourage regular liaisons with the senior management team, provide departmental feedback on processes, client information, operational, risk, AML audits and recommend solutions to overall TA issues and lead global TA initiatives. Ensure clear, open communications and drive continuous improvements and efficiencies within the wider AML department.
  • Proactive and responsible to implement appropriate procedures to meet internal controls, external compliance and regulatory requirements are adhered to. Ensure greater awareness of the risk environment.
  • Responsible in recruitment and screening of team resources, ensuring effective utilization whilst opportunities are identified for team flexible working arrangement to have worklife balance. Manage and handle staff issues as they arise. Co-ordinating with HR department or bring up to senior management when necessary.
  • Investor AML services team, a contracted service of expansive AML Identification and Verification of Investors, Client Reporting and Critical Issue, Documents Review and Retention, Sanctions Screening are encouraged.
  • Change in regulatory environments – Understanding regulatory changes, deals with large impact within department and division, challenging the Compliance team. Lead project groups to understand industry regulatory impact & develop solutions/new products for our clients.

What we value

These skills will help you succeed in this role:

  • A strong understanding of local legislation surrounding AML standards and regulations. Expansive knowledge of other global AML policies and procedures impacting the industry especially in Singapore (MAS), Cayman Islands (CIMA), Ireland/UK (EU/CBI), United States programs (US Patriot Act).
  • Translation of core AML documentation in local language. Excellent written and verbal communications skills in English. Multilingual is an advantage. Proficient in Microsoft Office applications especially in Microsoft Excel.
  • Experience in working on tight deadlines, ability to multi-task, sensible, mature and work calmly under pressure.

Education & Preferred Qualifications

  • Degree in Finance or business related area with a minimum of 2 years experience.
  • ACAMS Certification is a benefit or AML Qualification is a plus.
  • 6-8 years experience in Fund Administration, preferable in Hedge Transfer Agency with at least 4 years in people and client relationship management.

For further information, and to apply, please visit our website via the “Apply” button below.

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