About the role
CGSI Securities Singapore Pte. Ltd is one of the leading integrated financial service providers in Asia. With a global presence in over 20 countries, and backed with an award-winning research team, the Company is well-positioned as Asia’s leading financial gateway, providing well researched and in-depth analysis of financial products.
This position within the AML Team of the Compliance Department is responsible for ensuring smooth operations of AML monitoring functions within Compliance. He/she will be involved in the day-to-day operations of AML transactions monitoring and investigations, including review of escalated alerts flagged by the Company's AML Transaction Monitoring System and the filing of STRs. He/She will also assist the Team Head in consolidating and preparing monthly reports and statistics for management reporting.
The successful candidate is expected to be knowledgeable in AML principles to be able to analyse situations to identify AML issues and red flags, and to be able to work well within a team and yet take initiative and ownership over his/her own area of work.
Job Responsibilities
The incumbent will be responsible for:
1) Conduct investigations into suspicious transactions and/or activities and ensure timely review and completion of escalated alerts.
2) Investigate and review escalations from Business Units that poses potential AML/CFT risks.
3) Identify possible red flags in the course of transaction investigations and recommend filing of STRs where applicable.
4) Prepare and submit suspicious transaction reports to local authorities.
5) Communicate effectively with relevant stakeholders (e.g. Front Office) for the purpose of conducting AML investigations.
6) Perform Post STR transaction reviews and Post Mortem reviews where necessary.
7) Provide compliance advisory on AML/CFT matters including sanctions requirements, unblocking of accounts under close monitoring etc.
8) Contribute, update and implement AML/CFT related policy and procedures concerning AML Monitoring where necessary.
9) Assist in performing ad-hoc activities in the area of AML/CFT investigations where necessary.
10) Coordinate and conduct trainings to relevant stakeholders (including Front Office) in relation to AML transactions monitoring.
11) Assist in preparation and timely submission of management reports.
12) To undertake any compliance projects/tasks assigned by superiors.
Job Requirements
To thrive and be successful in this role, you must have / be:
- A good Degree or professional qualification in Accountancy, Banking or Finance
- Min. 3 years relevant experience preferred.
- Familiar with the SFA, SGX-ST Rules and SGX-DT rules
- Understanding in suspicious transactions investigations
- Understanding of applicable laws, rules and standards and their practical impact on the Securities industries' operations
- Possess good interpersonal and communication skills
- Good team player
