Company Description
Hanshan Money Express, founded in 1996, is a leading remittance company based in Singapore. We specialize in remittance services to countries such as China, Malaysia, USA, Australia, and Hong Kong. Over the years, we have established ourselves as a key player in the international financial services sector.
Role Description
This is a full-time on-site role for an AML Associate at Hanshan Money Express in Singapore. The AML Associate will be responsible for the day-to-day execution of anti-money laundering controls, with a primary focus on transaction monitoring, client onboarding, sanctions and name screening, and the filing of Suspicious Transaction Reports (STRs). The role works closely with the Money Laundering Reporting Officer to ensure the business meets its regulatory obligations under the MAS AML/CFT framework.
The role also offers the opportunity to:
• Conduct ongoing transaction monitoring to detect unusual or suspicious activity, investigate alerts, and escalate cases to the MLRO where appropriate.
• Manage the end-to-end client onboarding process, performing Know Your Client (KYC) and Customer Due Diligence (CDD/EDD) checks in line with internal policies and MAS requirements.
• Perform sanctions, PEP, and adverse media screening on customers and transactions, resolving potential matches and documenting outcomes.
• Prepare and submit Suspicious Transaction Reports (STRs) to the Suspicious Transaction Reporting Office (STRO) accurately and within required timelines.
• Maintain proper records of investigations, due diligence, and reporting to support audits and regulatory inspections.
• Keep abreast of AML/CFT regulatory developments and assist in implementing updates to internal policies and controls.
Qualifications
• At least 2 years of AML experience, ideally within the payments, remittance, or cross-border money transfer (C2C) industry.
• Hands-on experience with transaction monitoring, KYC/CDD onboarding, screening tools, and STR filing.
• Sound knowledge of MAS regulatory requirements applicable to Major Payment Institutions and the AML/CFT framework.
• Strong analytical skills with attention to detail and the ability to exercise sound judgement when assessing risk.
• Good communication skills and the ability to work effectively with internal teams and external stakeholders.
• Bachelor’s degree in Finance, Business, or a related field.
Application
For further details or to discuss this opportunity, please contact Crystal at crystal@hanshanmoney.com.
