Job Description
- Conduct periodic reviews of KYC and CDD information of existing end clients and financial intermediaries.
- Perform independent and thorough review, including plausibility checks as well as corroboration of existing clients’ source of wealth and source of funds and address gaps where any are identified.
- Advise front office and other colleagues within the team on client ongoing monitoring and review matters including deficiencies in KYC information and corroboration documents.
- Collaborate with key stakeholders involved in the process, viz, Relationship Managers, Team Heads, Market heads, Compliance and other colleagues within the bank to ensure source of wealth gaps/red flags uncovered during periodic reviews are properly addressed and closed out.
- Conduct reviews of existing clients to ensure their biodata remains updated
- Support Global Front Line Risk and Control on the matters that are assigned from time to time in line with overall priorities of the bank.
- Collaborate with other colleagues within the bank to drive and assists remediation and other projects as and when required.
- Prepare Management information reports based on agreed requirements.
Job Requirements
- Minimum 3-5 years of experience in AML/KYC under the client review function in a private or corporate banking environment.
- Knowledgeable and sensitive to the risks (PEP, Sanctions, reputational risks) and suspicious activities typical of private or corporate banking clients.
- Knowledge of regulations including MAS, HKMA and other intergovernmental/non-governmental organization such as FATF / Wolfsberg.
- Bachelor's Degree in Accountancy, Finance, Business Administration or equivalent, or higher education.
- Strong understanding of AML/CFT framework and the regulatory environment and its applicability to private or corporate banking clients in the areas of onboarding, on-going client reviews and transaction monitoring.
- Familiar with MS Excel, MS Word, MS PowerPoint and other office automation tools.
Qualified candidates may submit a copy of detailed resume in MS Word Format to [email protected]
Charissa Ong Zimin (R1104659)
Email address: [email protected]
Recruit Express Pte Ltd
EA License No.: 99C4599
