Corporate Banking Compliance AML Compliance Officer

Singapore, Singapore
13 Jan 2023
26 Jan 2023
Job Function
Industry Sector
Finance - General
Employment Type
Full Time
  • 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

  • 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
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