Senior Associate, Transaction Monitoring, LEA & Assurance | TNG Digital

We fuel the ideas and ambitions of our people with an environment built on Our DNA of Love, Entrepreneurship, Agility, and Passion – LEAP

We are a culture that empowers everyone to innovate and create solutions that will leave a positive impact on our communities and our nation, Touch ‘n Go will always be here to inspire our talents to grow as leaders and innovators giving you the power to make a difference.

Key Responsibilities:

Transaction Monitoring

• Perform second-level review on alerts escalated by the first-level reviewer on customer transactions triggered by TNGD’s internal monitoring system. This involves reviewing the narrative and justifications for the alert escalation and if required, performing further analysis on the customer’s account and activities to support the decision, either to dismiss the case or escalate it for suspicious transactions report (STR).
• Assist Line Manager in ensuring timely, efficient and accurate reporting of STR to regulator.
• Ensure the turnaround time for alert/transactions review/ investigations are met as per requirement.
• Build and apply knowledge of money laundering/ terrorist financing processes, sanctions or laws/regulation(s) into daily reviews.
• Keep updated on AML laws, regulations, and industry best practices to ensure compliance, and contribute to the development and improvement of transaction monitoring processes and procedures.
• Consolidate data, statistics and trends updates for reporting to senior management.

Sanctions screening

• Perform daily checks to monitor updates to the UNSCR and MOHA listings from the official sites.
• Ensure timely detection of newly issued publications and initiate screening against the entire TNGD user database to identify potential hit.
• Review potential hits to determine if any are true matches with the sanctions listings, and immediately notify the line manager to initiate the next course of action (e.g., notifying regulators, raising an STR, etc.) upon detection of true hits.
• Initiate periodic screenings (i.e. half-yearly) and review any potential hits triggered by the screenings.
• Prepare the periodic report on positive name matches for regulatory reporting.
• Assist with ad-hoc query from other business units regarding name screening.
• Consolidate data, statistics and trend updates for reporting to Senior Management.

Handling of Enforcement Orders

• Timely handling and response to requests and other queries from law enforcement agencies, regulators, and other competent authorities.
• Establish and maintain strong professional relationships with the investigation officer.
• Continuously monitor and analyse trends in enforcement orders.
• Timely reporting and escalation of significant change in the trend to management.

Assurance

• Conduct daily assurance reviews of name screenings completed by the Operations team, and review and highlight any areas for enhancement.
• Conduct regular assurance reviews across all aspects of the AML program related to operational processes and prepare reports to Senior Management.
• Analyze error trends, identify areas of risk and provide recommendations for operational improvements, compliance processes, quality assurance and additional training to mitigate risk.

Ad-Hoc

• Undertake any other reasonable duties assigned by Line Manager/Head of Section/ Head of Compliance/ Management as and when required

Who should join us?

• Minimum tertiary qualification in Banking, Finance or related fields.
• Prior experience working in AML transaction monitoring, financial crimes investigations, or a similar role within the financial industry and relevant certifications (e.g., CAMS - Certified Anti-Money Laundering Specialist) are a plus.
• 2 to 3 years of working experience in compliance, preferably in the financial sector.
• Strong knowledge of legislation, rules and regulatory requirements related to financial crimes is preferred.
• Excellent written and verbal communication skills.
• Ability to manage stakeholders across all levels.
• Analytical mindset with excellent problem-solving skills and attention to detail.
• Ability to interpret complex data, identify trends, and draw meaningful conclusions.
• Proficient in using MS Office applications (particularly Excel and Word) and data analysis tools.
• Effective communication and report writing skills.
• Ability to work independently and collaborate effectively with cross-functional teams.

Our Perks & Benefits:

• Hybrid, Flexi hours and home workplace subsidy.
• eWallet allowance.
• Unlimited office pantry fruits, snacks and drinks.
• Mobile and broadband subscription reimbursement.
• Flexibility to opt dependants coverage (spouse, child, parents or parents-in-law) for outpatient medical benefits.
• Additional leave including family leave and paid care leave to care for family members.
• Medical coverage including dental, optometrist, mental care, maternity, registered Traditional Chinese Medicine (“TCM”) and Chiropractic.
• Corporate membership discount and many more to explore.

We believe that you have what it takes to fit into the Touch ‘n Go family and help revolutionize the Fintech industry by paving the way to a cashless society. If you're ready to take the next step, apply now!

Touch ‘n Go is an organization that strives to provide Equal Opportunity Employment, based on merit, qualifications, capabilities, and calibre. It is Touch ‘n Go’s policy to not discriminate based on age, race, religion, colour or other personal status, identity or characteristics. Fair Opportunity is Our Value and Practice. Please advise us of any accommodations you may need by e-mailing: [email protected]

Note: Only shortlisted candidates will be contacted