Overview
Kickstart your career in financial crime compliance with this internship focusing on Anti-Money Laundering (AML) and Counter Financing of Terrorism (CFT). You will work closely with the Vice President of Financial Crime Compliance, contributing to transaction monitoring, rule development, and compliance risk management while gaining hands-on experience in data analytics and regulatory frameworks.
What You'll Get Out of This Internship
- Practical experience in transaction monitoring and AML/CFT compliance processes.
- Exposure to the design, implementation, and fine-tuning of monitoring rules and thresholds.
- Hands-on use of scripting languages (Python, SQL, R) and data visualization tools such as Tableau or Power BI.
- Opportunities to participate in compliance projects and regulatory reporting initiatives.
- Mentorship from experienced compliance professionals and exposure to real-world financial crime risk management.
Key Responsibilities
- Develop and document transaction monitoring rules, including rule design, implementation, and ongoing review.
- Review and assess alerts generated by transaction monitoring systems and fine-tune thresholds and parameters.
- Provide inputs to strengthen AML/CFT procedures and transaction monitoring frameworks.
- Support ad-hoc compliance projects as assigned.
- Analyze transaction data and identify potential red flags or unusual activity patterns.
- Collaborate with team members to ensure compliance and accuracy in monitoring processes.
Requirements
- Currently pursuing or recently graduated with a degree/diploma in Computing, Accounting, Finance, Financial Analysis, Economics, or Business.
- Proficiency in Python, SQL, and R; experience with data manipulation libraries and visualization tools (Tableau, Power BI) preferred.
- Ability to interpret regulatory guidance and design effective monitoring rules.
- Knowledge of data analytics, machine learning, or hands-on experience is an advantage.
- Strong analytical skills with attention to detail and accuracy.
- Excellent problem-solving, prioritization, and multitasking abilities.
- Effective communication and collaborative skills; ability to work independently when needed.
- Self-driven and proactive in learning and contributing to compliance initiatives.
Who is this Internship Ideal For
- Students interested in financial crime compliance, AML/CFT, and regulatory risk management.
- Individuals seeking hands-on experience in transaction monitoring, rule design, and data analytics.
- Learners who enjoy problem-solving and working with large datasets to identify trends and anomalies.
- Those looking to gain mentorship in a professional compliance and financial services environment.
About Company
This opportunity is with a leading financial services organization committed to regulatory compliance, risk management, and operational excellence. The Financial Crime Compliance team focuses on protecting the organization and its clients from financial crime risks through effective monitoring, analytics, and regulatory adherence.
Internship Details
- Duration: Flexible, aligned with academic schedule
- Location: Singapore
- Focus areas: AML/CFT compliance, transaction monitoring, rule development, data analytics, and financial crime risk management
