Role Summary
As an Analyst you will be joining the CDD, Compliance and Risk department consisting of 5 individuals across London and Singapore. This role will be ideal for an individual with 1-2 years’ experience within Financial Services (ideally in Capital Markets), who has proficient knowledge of industry best practices and AML and KYC regulation. The preferred candidate will be someone with a full understanding of the importance of Financial Crime risk prevention and who has the ability to proactively learn and listen to ensure CDD case reviews and quality approver reviews are completed to the highest standard, but in a timely and accurate manner. Overtime, further involvement in generalist Compliance and Risk Management based tasks will be required.
Main Accountabilities
- To complete CDD review cases as per defined target and deadline set by the Head of CDD. This includes, new onboarding, trigger reviews, ongoing reviews, reactivation of accounts and subaccounts, CDD monitoring)
- Ensure any quality assurance and corrective feedback from the approver is actioned in a timely manner
- Consult with the client to obtain pending documentation and respond to any client specific queries
- Effective management of CDD review cases to ensure no cases are overdue
- To ensure there is effective cooperation and communication with the Front Office (Salespeople and Traders) with regards to account set up and management and any queries that arise from either
- To liaise with and effectively communicate with Compliance and other stakeholders regarding any CDD queries to ensure risk conduct and compliance matters are resolved efficiently
- Report any issues or concerns to the Head of CDD in a timely manner
- Responsible for ensuring that there is compliance with all regulations and controls set by MUTI and external regulatory authorities
- Ensure client files are documented and recorded on an orderly manner on MUTI systems and in accordance with the procedures and regulatory requirement
- To continue to keep up to date with all MUTI AML frameworks policies and procedures
CDD Approver function
- Overtime you may be responsible for ensuring that the case has complied with local and Head Office standards/requirements.
- To complete trigger reviews during quality approver assessments and ensure that the identified risk event is addressed
- Ensure any waiver request and or manual overrides are in line with procedures
Compliance Monitoring function
- Assist in Compliance Risk Based Monitoring Programme, including carrying out specific reviews and assessments to ensure adherence to MAS regulations and internal policies.
- Monitors all operational processes and procedures to ensure compliance with all legal regulations, company policies and standards.
- Assist in review of client risk rating in line with Global AML Policy & Procedure, UK and Singapore laws and regulations as second line of defence, liaising with Compliance in London as required.
- Providing support to the Compliance Manager and assisting in additional ad hoc duties that may arise from time to time.
Project Work:
- Assist in updating departmental policies and procedures
- Assist with any assignment/ad hoc projects assigned by the Head of the Department.
- Complete relevant trainings and embed risk preventions into daily tasks
Further Requirements within the CDD, Compliance & Risk Department:
- Assist with regular and ad-hoc queries from the business
- Support the department with compliance monitoring task and risk assessments.
Qualifications
- Educated to degree level or above
- Must be proficient in Microsoft Office, particularly Word and Excel.
- Familiar with KYC Screening tool such as Refinitiv, Lexis Nexis would be beneficial.
