This is a 12 months contract assigned to our client
Work Location: To be confirmed
Salary Range : $4,000-$6,000
Job Description
1. To perform all project-related deliverables and analyze and investigate name matches by applying business, regulatory and
country knowledge (where applicable) during the review and disposition of alerts.
2. Review and investigate all transaction alerts generated by the transaction monitoring system to identify any money laundering or
financial crime cautionary flags.
3. Performs Enhanced Due Diligence (EDD) Reviews of high-risk customers. Documents EDD review findings and analysis to support results.
Responsibilities:
1. Conduct payment and customer Screening against various Sanction lists.
2. Ability to identify sanctions risks, using the sanctions screening software.
3. Potential sanctions screening matches are identified, reviewed to identify false positives.
4. Carry out complex research/investigations to confirm whether the potential matches to Global sanctions lists are actual matches
according to laid down guidelines.
5. Analyze potential matches on customer names/address or payment from local and international business units to make an informed decision.
6. Monitor alerts generated by the AML/CFT system and conduct appropriate reviews to facilitate closure of alerts or further
investigation/reporting according to global AML standard policies, procedures, and client internal compliance policy and standard relevant to AML/CFT
7. Analyzing alert and conducting holistic review and searches, gathering data, and recording evidence for client and counterparties to detect any
suspicions of money laundering or terrorist financing activity.
8. Prepare and escalate suspicious transaction reports (STRs)
9. Conduct Due Diligence by complying with Due Diligence related requirements of the relevant Law and regulations of specific countries served and
client internal compliance policy and standard relevant to AML/CFT
10. Ensure due diligence origination compliance and risk rating evaluation and reviews are conducted as instructed by the client.
11. Perform due diligence, including Enhanced Due Diligence (EDD), and assessing the risk of new customers to the firm, documenting findings,
ensuring that management is apprised of key issues, risks, and the appropriate monitoring to mitigate risk.
Skillsets Required
1. Bachelor above degree/University degree/equivalent degree
2. 1 year experience working in AML, Sanction or CDD processes is a plus, ideally within the financial institutions or
e-Commerce or MNC or consulting firm etc.
3. General understand of AML and Sanctions regulations, risks, and typologies.
4. Excellent analytical and problem-solving skills, excellent communication skills.
5. Strong interpersonal skills with the ability to work collaboratively and with people at all levels of the organization.
6. Proficient in MS Office applications (Excel, Word, PowerPoint)
7. CAMS certification is a plus
