Corporate Banking Compliance AML Compliance Officer
- Employer
- OCBC Bank
- Location
- Singapore, Singapore
- Salary
- Competitive
- Closing date
- Jul 5, 2022
View more
- Job Function
- Banking
- Industry Sector
- Finance - General
- Employment Type
- Full Time
- Education
- Bachelors
You need to sign in or create an account to save a job.
- Perform On-boarding, Periodic and Triggering Customer Due Diligence (CDD)/Enhanced Due Diligence (EDD) review on Global Corporate Banking customers
- Ensure completion of Onboarding, Periodic and Triggering Event Reviews within stipulated timeframe and in line with Bank's policy and procedures
- Work closely with Relationship Managers to gather client documents/information before drafting on the EDD reviews and making independent recommendations regarding AML risk to the Business Units
- Conduct research via available Bank systems and commercial databases as well as Internet
- Identify, analyse and escalate potential AML risks
- Identify red flag situations and escalate in line with policy and procedures
- Identify and escalate any unusual activity / transaction activity not consistent with client profile
- Ensure timely update of CDD/EDD Tracking file so as to reflect the accurate status
- Perform daily AML alert closures raised on the Bank's screening system
- Administrative duties on behalf of the wider team including PowerPoint creation and writing meeting minutes
- Any other projects/ duties as may be assigned
Qualifications
- At least 2 years of experience in a KYC analyst role in a financial institution, preferably in the corporate banking environment
- Hands-on working familiarity with compliance related matters especially with the implementation and operationalization of regulations, rules, policies and processes related to Anti-Money Laundering and Countering the Financing of Terrorism
- The ideal candidate is a team-player with the ability to see beyond his/her job-scope and work with the business unit colleagues to realise business goals and targets
- Is mature and able to work under pressure and meet timelines
- Able to articulate fluently and is assertive with good interpersonal, analytical and writing skills
- Ability to write macros to automate internal reports is a bonus
You need to sign in or create an account to save a job.
Sign in to create job alerts
Sign in or create an account to start creating job alerts and receive personalised job recommendations straight to your inbox.
Create alert