Andy Koh 許
Singapore
Summary
Detail-oriented Compliance Generalist dedicated to improving policies and procedures in all business areas. Hardworking and driven with quality-focused and proactive approach. Bringing more than a decade of experience in the financial sector.
Overview
14
14
years of professional experience
Work History
Financial Crime Compliance Manager
HL Bank Singapore
01.2024 - Current
- Provide financial crime compliance (FCC) advice and guidance to business units and senior management.
- Update policies, procedures and controls to meet regulatory requirements on AML, CFT, sanctions, anti-bribery & corruption.
- Provide AML/CFT related training to HL Bank staff when arises.
- Supervise screening, transaction monitoring, enhanced CDD, management reporting and trade surveillance.
- Monitor high-risk transactions and customer activities through a risk-based approach, and investigate potential suspicious transactions with filing of STRs.
- Perform enterprise-wide AML/CFT/Sanctions risk assessment and ensure effective measures are in place to identify, assess and mitigate risks.
- Assist in audits, investigations and responding to queries from regulators and exchanges.
- Participate in strategic projects.
- Perform tracking and recording of new regulations / regulatory updates / consultation papers daily.
- Perform independent compliance testing and verification to ensure adequate implementation of requirements and processes.
- Perform ongoing AML risk monitoring and timely escalation of alerts along with relevant information and due diligence.
- Assist the business and support units in identifying gaps in the bank’s processes against regulatory requirements, and develop solutions to close the gaps.
- Monitor developments, such as changes in the regulatory environment, financial crime/core compliance risks and industry developments which may necessitate changes to existing parameters
- Support general compliance activities and other duties, including special projects as assigned
Chief Compliance Officer
Coinut Pte Ltd
09.2023 - 12.2023
- Worked as main Liaison Officer to handle MPI licensing application and compliance functions for internal control practices
- Designed and conducted AML and other compliance related training
- Provided compliance advice to support core business initiatives
- Coordinated with external auditors and legal counsel, the MAS, foreign regulators in terms of setting up global offices
Global Head of Compliance
Atlantic Partners Asia (SG) Pte. Ltd.
06.2022 - 09.2023
- Developed and maintained compliance database, tracking all compliance activities and documents
- Responded to employee inquiries regarding compliance regulations and procedures
- Maintained up-to-date knowledge of current and emerging compliance regulations
- Assisted with internal and external audits to confirm compliance with applicable laws and regulations
- Reviewed, revised and updated compliance policies and procedures to confirm continual compliance with applicable laws
- Identified, investigated and documented compliance violations and recommended corrective measures
- Prepared and submitted regulatory filings in timely manner
- Monitored and assessed compliance risks associated with operational processes and procedures
- Collaborated with internal and external stakeholders, auditors and legal counsel to confirm compliance with applicable laws and regulations
- Investigated and documented all violations of compliance regulations to determine necessary improvements
- Developed and maintained system for tracking and reporting compliance violations
- Managed practical action plans to respond to audit discoveries and compliance violations
- Collaborated with sales and marketing departments and other business units to address indications of improper sales
Compliance Manager
Daiwa Capital Markets Singapore Pte Ltd
05.2018 - 06.2022
- Reviewed documents, files, transcripts and other records to assess compliance and potential risk
- Managed compliance efforts, reporting and audits
- Maintained effective working relationships with regulatory authorities, suppliers and customers
- Prepared and presented comprehensive reports to upper management and audit team, covering issues and recommendations
- Performed Trade Surveillance using NASDAQ for Singapore and Japan markets
- Monitored employee insider trading and personal account trading
- Performed transaction monitoring on a timely basis and adhered to strict review and escalation procedures
Senior AML Analyst
Credit Suisse
11.2017 - 04.2018
- Identified threats, vulnerabilities and suspicious behavior patterns to recommend mitigation measures
- Reviewed High Risk Clients Onboarding
- Reviewed escalated name screening hits
- Investigated fraud referrals and performed research to minimize risk and resolve inquiries
Compliance Manager
First Data Asia Pacific Pte Ltd
10.2016 - 08.2017
- Reviewed new merchants onboarding
- Reviewed escalated name screening hits from WorldCheck
- Managed compliance efforts, reporting and audits
- Maintained effective working relationships with regulatory authorities, suppliers and customers
- Prepared and presented comprehensive reports to Senior Management, covering issues and recommendations
Assistant Compliance Manager
Lendlease Asia Pacific Pte Ltd
03.2016 - 10.2016
- Conducted Compliance training to all staff
- Managed compliance efforts, reporting and audits
- Performed investigations into employee mis-conduct
- Maintained effective working relationships with regulatory authorities, suppliers and customers
- Developed and delivered training programs to inform new and current employees about compliance issues
Senior Compliance Officer
Sing Investments & Finance Ltd
10.2014 - 02.2016
- Assisted with internal and external audits to confirm compliance with applicable laws and regulations
- Responded to employee inquiries regarding compliance regulations and procedures
- Reviewed, revised and updated compliance policies and procedures to confirm continual compliance with applicable laws
- Monitored and assessed compliance risks associated with operational processes and procedures
- Performed second level transaction monitoring
- Reviewed High Risk Client onboarding
- Conducted Compliance training for all staff
KYC Analyst
Citibank
09.2010 - 09.2014
- Reviewed new prospect KYC documents to meet requirements and determine business model risk
- Conducted KYC formality reports on questionable accounts and transactions
- Interpreted evidence from multiple tools and systems to determine legitimacy of customer behavior
- Offered internal support for audit, compliance and reporting activities
Education
BBA - Finance
National University of Singapore
01.2007
Skills
- Document Review
- Risk Management Strategies
- Reporting Requirements
- Policy Design
- Corrective Action Planning
- Business Operations
- Project Coordination
- Controls Tests
- Investigation Skills
- Stakeholder Meetings
- Shareholder Relations
- Policy Analysis
- Regulatory and Compliance
- Privacy and Confidentiality
- Compliance Reviews
- PowerPoint Presentations
- Understanding
- Leadership Techniques
- Data Presentation Skills
- Compliance monitoring
- Training development
- Internal audits
- Training and education
- Corporate governance
- Process development
- Audit support
- Document reviews
- Compliance documentation
- Staff training
- Training coordination
- Project management
- SOP writing
- Risk assessment
- Quality management processes
- Risk analysis
- Document control program
- Anti-money laundering
Timeline
Financial Crime Compliance Manager
HL Bank Singapore
01.2024 - Current
Chief Compliance Officer
Coinut Pte Ltd
09.2023 - 12.2023
Global Head of Compliance
Atlantic Partners Asia (SG) Pte. Ltd.
06.2022 - 09.2023
Compliance Manager
Daiwa Capital Markets Singapore Pte Ltd
05.2018 - 06.2022
Senior AML Analyst
Credit Suisse
11.2017 - 04.2018
Compliance Manager
First Data Asia Pacific Pte Ltd
10.2016 - 08.2017
Assistant Compliance Manager
Lendlease Asia Pacific Pte Ltd
03.2016 - 10.2016
Senior Compliance Officer
Sing Investments & Finance Ltd
10.2014 - 02.2016
KYC Analyst
Citibank
09.2010 - 09.2014
BBA - Finance
National University of Singapore
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