AML KYC Manager (KYC) – 12 Months Contract
Department:Private Wealth Compliance
AML/CFT/Sanctions ADVISORY
- Advises FO on onboarding requirements
- Advises on and prepares risk framework
- Performs gap analysis for new regulatory requirements
- Review and update of AML/CFT/Sanctions related policies and procedures
ACCOUNT OPENING
- Reviews and checks client on-boarding and account opening documentation
- Performs detailed due diligence and compliance assessments on client on-boarding and account opening documentation
- Checks adherence to client with the on-boarding checklist (e.g. KYC, Hansha checks, World-Check or equivalent, Google searches, PEP status, VC etc.)
- Performs Customer Due Diligence and Enhanced Due Diligence
DAILY NAME SCREENING
- Reviews, clears with adequate justifications alerts in name screening tool (ad hoc and batch name screening, etc) and escalates relevant adverse hits
TRANSACTION MONITORING
- Review inflow/outflows of cash and assets
- Investigates unusual transactions
- Prepares STRs
PERIODIC REVIEWS
- Organises, tracks and performs the periodic KYC reviews including trigger event reviews
- Prepares documentation for re-approval by Senior Management
ADMIN/SYSTEMS
- Handles the filing and archiving of client documents
- Monitors the client status as accredited investors
- Liaises with external vendors for AML related matters.
- Performs reviews of parameters and functionalities of AML systems (threshold setting)
- Prepares KYC, AML training materials and delivers KYC, AML training.
- Prepares documents (client files, memos, etc) for submission to senior management.
Requirements
- Minimum 5 years of experience working within a similar function and industry.
- Good command in English writing skills as well as analytical skills
- Strong Customer Services mindset
- Good team player
- Positive and energetic
- With relevant customer services, account opening and CDD/KYC/AML Advisory/Periodic Review/Transaction Monitoring experience in Private Banking
- Able to advise on complex corporate structures.
- Mandarin, Bahasa or Japanese language knowledge would be a plus.
- Immediate/short term availability would be a plus.
Company Reg No.: 201131609D | License No.: 11C4684 | Reg No: R1435178, Nadiah Marican
