Job Responsibilities:
- Review transactions and other supporting documentation (e.g. customer profiles and RFI responses) to recommend whether or not activity is suspicious and if suspicious transaction reports should be filed with the relevant authority
- Write up of case investigation report in support of the above recommendation and in accordance with the bank’s prescribed quality and procedures
- Perform customer due diligence activities including clearing of screening matches and carrying out enhanced due diligence on high-risk customers in accordance to the target turnaround time.
- Perform peer quality check/review on activities carried out by other analysts as and when required by the supervisors.
- Ensure proper documentation of work performed and retention of such documentation.
- Liaise with various business and functional units for information gathering to ensure customer due diligence activities are completed properly and accurately.
- Escalate positive matches of high-risk customers and other key AML/CFT issues to the supervisors.
- Familiarize one-self to all the relevant internal policies, process and procedures in order to carry out the job function properly.
- Takes accountability in considering business and regulatory compliance risks and takes appropriate steps to mitigate the risks.
- Maintains awareness of industry trends on regulatory compliance, emerging threats and technologies in order to understand the risk and better safeguard the company.
- Highlights any potential concerns /risks and proactively shares best risk management practices.
- Review transactions and other supporting documentation (e.g. customer profiles and RFI responses) to recommend whether or not activity is suspicious and if suspicious transaction reports should be filed with the relevant authority
- Write up of case investigation report in support of the above recommendation and in accordance with the bank’s prescribed quality and procedures
