ANDY KOH
Summary
Dynamic Compliance Manager with extensive experience at HL Bank, specializing in regulatory compliance oversight and audit management. Proven track record in delivering comprehensive training programs and conducting investigations to mitigate financial crime risks. Adept at building relationships with regulatory authorities while ensuring adherence to AML policies and procedures.
Overview
15
15
years of professional experience
Work History
Financial Crime Compliance Manager
HL Bank
01.2024 - Current
- Delivered subject matter expertise for internal stakeholders on compliance best practices and quality control.
- Prepared and presented comprehensive reports to Senior Management and Regional HQ, covering issues and recommendations.
- Advised Business Units of regulatory risks in business processed and provided recommendations for improvement.
- Prepared records and data samples for regular audits.
- Backed data security and information privacy efforts.
- Supported marketing team in review and submission of regulatory articles and newsletters.
- Reviewed documents, files and other records to assess compliance and potential risk.
- Maintained effective working relationships with the MAS and auditors.
- Ensured adequate financial crime prevention measures are adopted in accordance to regulations and policies.
- Took ownership in maintaining, updating, and implementing comprehensive AML policies and procedures to ensure effective risk management and compliance with relevant regulations.
- Provided guidance and training to colleagues on compliance with AML regulations, including how to recognize and report suspicious activities.
- Advised the various Business Units and support teams on AML/CFT requirements and investigate and report suspicious activity to relevant authorities, as a subject matter expert.
- Oversee regulatory reporting, ensuring timely and accurate submissions.
- Served as the point of contact between the Bank and the MAS, BNM, Singapore Police Force.
- Develop and maintain a risk-based compliance program.
- File Suspicious Transaction Reports (STRs) and conduct KYB reviews.
Chief Compliance Officer
Coinut Pte Ltd
10.2023 - 12.2023
- Assisted with internal and external audits to confirm compliance with applicable laws and regulations.
- Maintained P&L and shouldered corporate fiscal responsibility.
- Collaborated with legal and accounting teams to review and maintain compliance with regulations.
- Founded performance- and merit-based evaluation system to assess staff performance.
- Served as Main Point of Contact between the Firm and the MAS in terms of MPI License application.
- Oversaw business-wide changes to modernize procedures and organization.
- Communicated business performance, forecasts and strategies to investors and shareholders.
- Managed Name Screening and Transactions Monitoring functions in the Firm.
Head of Compliance (Global)
Atlantic Partners Asia Pte Ltd
06.2022 - 09.2023
- Worked with various teams to manage financial crime risks in daily ops, new products, and customer onboarding
- Kept the Firm's AML/CFT policies updated and ensured they’re applied across the board
- Delivered subject matter expertise for internal and external customers on compliance best practices and quality control.
- Maintained effective working relationships with regulatory authorities, banking partners and customers.
- Consulted with banking partners on best practices and served as project manager for all process improvements and regulatory initiatives.
- Delivered and tracked program training for associates and supervisors to safeguard continuing business relationships.
- Reviewed processes and controls to ensure the Firm is MAS-compliant (PSN01, PSN02).
- Prepared reports for senior management and escalate high-risk issues on a timely manner.
- Advised the business on launching products while meeting financial crime compliance needs.
- Actively partnering Product Owners, Legal, Ops and IT teams to drive compliance across the board.
- Developed and delivered AML/CTF training programs.
- Collaborated with sales and marketing departments and other business units to address indications of improper sales.
- Investigated and documented all violations of compliance regulations to determine necessary improvements.
- Developed and maintained system for tracking and reporting compliance violations.
- Identified, investigated and documented compliance violations and recommended corrective measures.
- Assisted with internal and external audits to confirm compliance with applicable laws and regulations.
Compliance Manager
Daiwa Capital Markets Singapore Pte Ltd
05.2018 - 06.2022
- Delivered subject matter expertise for internal and external customers on compliance best practices and quality control.
- 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.
- Evaluated customer complaints, processes, and all other aspects of operations to assess compliance.
- Managed compliance efforts, reporting and audits.
- Advised various business units of regulatory risks in business processed and provided recommendations for improvement.
Senior AML Analyst
Credit Suisse
11.2017 - 04.2018
- Investigated fraud referrals and performed research to minimize risk and resolve inquiries.
- Documented research findings to support risk-based decision-making and resolution to escalated fraud incidents.
- 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.
- Communicated with HQ Compliance to thwart potential money laundering or terrorist financing.
Assistant Compliance Manager
First Data Asia Pacific Pte Ltd
10.2016 - 08.2017
- Prepared and presented comprehensive reports to upper management and audit team, covering issues and recommendations.
- 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.
- Conducted Compliance Training to all staff.
Assistant Compliance Manager
Lendlease Asia Pacific Pte Ltd
03.2016 - 10.2016
- Prepared records and data for regular audits.
- 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 and STR filing.
- 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
Singapore06-2007
Skills
- Audit oversight and management
- Risk reviews
- Regulatory compliance oversight
- Compliance documentation
- Investigative skills
- Conducting investigations
- Regulatory examinations
- Training delivery
- STR Filing
- Electronic Communications surveillance
Timeline
Financial Crime Compliance Manager
HL Bank
01.2024 - Current
Chief Compliance Officer
Coinut Pte Ltd
10.2023 - 12.2023
Head of Compliance (Global)
Atlantic Partners Asia 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
Assistant 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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