Laiyan Tay

Monitoring & Inspection / Audit / Remediation:

• Conduct regulatory exams, internal audits, and monitoring reviews
• Ensure adherence to global KYC procedures and AML standards
• Proactively escalate issues to partners and prepare regulatory responses
• Oversee global KYC remediation and validate completion
• Support AML functions through data analysis and reporting
• Collaborate to optimize processes and drive QA program success
• Manage concurrent audit/regulatory inspections efficiently
• Establish and maintain global business partner relationships
• Support team during issue validation and other tasks.

Periodic Refresh:

• Assist global refresh teams with periodic KYC updates
• Conduct document gap analysis and coordinate with client outreach teams
• Review documentation and perform enhanced due diligence
• Collaborate to address KYC issues and provide advisory
• Participate in UAT projects, ad hoc assignments, and provide feedback for process improvement

• Lead post-trade control remediation efforts across Asia, ensuring SLAs and regulatory deadlines are met
• Validate post-trade triggers through internal checks and processes
• Manage team through KYC process, providing subject matter expertise
• Act as primary escalation point for team and stakeholders, delivering weekly progress updates
• Participate in stakeholder meetings to ensure workflow clarity and compliance with AML/KYC regulations
• Stay updated on global AML/KYC guidelines and policies
• Contribute to team recruitment, training, and development
• Support periodic KYC processes for medium and high-risk clients
• Coordinate with clients for timely KYC refresh completion
• Provide Chinese translations for internal and global teams

• Conduct periodic KYC reviews on existing clients for regulatory compliance
• Develop proficiency in AML and Customer Identification procedures
• Maintain professionalism in client communications and promptly resolve issues
• Engage in global team meetings to stay updated on regulatory changes
• Stay informed about global regulatory requirements through bank training
• Provide Chinese translations for internal and global teams

• Conduct AML assessments within designated timelines for both periodic and trigger event reviews of KYC information
• Utilize collected data to perform thorough reviews, incorporating investigation results and relevant account details
• Engage directly with clients to address issues and obtain necessary documentation
• Assist with client inquiries and ad-hoc requests
• Review adverse news related to clients and escalate suspicious activity
• Provide recommendations for relationship strategy and risk rating
• Ensure effective compliance risk identification and mitigation
• Maintain and update review database, generating monthly reports
• Stay updated on AML, MAS, and international regulatory requirements through bank training

• Implement Singapore's monetary policy, managing exchange rate within targeted band through daily forex operations
• Conduct daily money market operations, regulating SGD liquidity and overseeing SGS issuance
• Ensure stability and efficiency of Singapore's forex and money markets, fostering SGD market growth
• Manage MAS Standing Facility transactions and SGS auctions for smooth market operation
• Extract and manage data from internal databases, updating databases and websites regularly
• Collaborate with brokers on SORA computation and facilitate Enhanced Repo Facility process
• Coordinate workflow between departments and Primary Dealers, consolidating SGS closing prices
• Prepare and compile data, charts, and presentations for weekly management meetings
• Consolidate Singapore Savings Bonds reports, aid in issuance, allocation processes, and handle public inquiries
• Participate in routine UAT and perform ad-hoc duties as needed