Compliance Trainee / Executive #SGUnitedTraineeships

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Job Description

Job Description:

Roles & Responsibilities
This is a 9-month traineeship programme. Trainees will experience a structured programme comprising an in-house/classroom lecture-based training, on-the-job training, hands-on practical experience and project work. Each trainee will be assigned to a mentor and partnered with different compliance officer when rotated across the different functions/units within the Compliance Function, primarily:
1. Financial Crime Compliance
  • Gain basic knowledge of Anti-Monitoring Laundering / Countering the Financing of Terrorism rules and regulations.
  • Hands-on exposure to various monitoring systems of the bank, such as Worldcheck-1, AS400 and Mantas.
  • Perform periodic KYC review, transaction monitoring review and name screening review.
  • Identify red flags and file Suspicious Transactions Report.
  • Participate as observer on complex cases.
2. Compliance Testing / Surveillance
  • Develop a simple compliance monitoring program and carry out compliance testing.
  • Review marketing and training materials and business compliance related reports.
  • Assist in preparation of reports and submission to Regulator, Group, Board and senior management
3. Regulatory Advisory
  • Perform regulatory landscape screening and maintain Compliance Universe.
  • Conduct gap analysis on new/revised regulatory requirements.
  • Attend to routine/non-complex queries from Business Units
  • Participate as observer on complex queries from Business Units
Traineeship Outcomes / Competencies:
  • Acquire basic understanding of the rules and regulations governing Financial Institutions operating in Singapore with exposure into regional rules and regulations as and when available.
  • Equipped with knowledge and skills set required of a junior Compliance Officer to interpret rules and regulations and manage compliance risk.
  • Appreciate intent, rationale of processes implemented and decisions made.
  • Acquire analytical skills, risk management capabilities and ability to apply theory to real life facts.
  • Build effective interpersonal, communication, problem solving, organization and conflict management skills.
  1. Team player with strong work ethics
  2. Self-starter with high level of initiative
  3. Good interpersonal skills; able to collaborate and work across various departments, customers and stakeholders.
  4. Fulfils eligibility criteria for SGUnited Traineeships
Interested applicants, please apply via:


Job Summary

Entry level Bachelor's Degree, Post Graduate Diploma, Professional Degree


Maybank is a Qualifying Full Bank (QFB) in Singapore. For the convenience of our customers, all Maybank's 22 Branches and more than 35 ATMs are strategically located in both the business districts and suburban estates. Maybank is also part of atm5 - Singapore's only shared ATM network combining the reach of more than 130 locations of the six QFBs. Maybank is committed to bringing seamless banking and a wider spectrum of value-added financial services to our valued customers. By harnessing the latest technological advances to increase our network's effectiveness, our customers are able to conduct their banking transactions at any time and anywhere in the world, via the traditional as well as electronic channels. Maybank remains strongly committed to the Singapore operations, and our 32-storey headquarters, Maybank Tower, is the physical manifestation of this. As a QFB, Maybank Singapore will explore strategic alliances with the other QFBs for mutual benefit, and for the benefit of our customers who can expect to see a Bank that is closer to them - a Bank that understands their unique requirements.

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