The Opportunity
- This is an exciting opportunity to work for one of the leading global banks.
- It is an opportunity for an experienced AML Analyst (SoW) to join their team
- This will start off as a 9 months contract
The Job
- Understanding of Source of Wealth/ Funds Corroboration.
- Take ownership in ensure a comprehensive, prompt, and high-quality review of client source of wealth and provide guidance to the front office and team colleagues on issues, addressing deficiencies in KYC information and documentation.Accurately identify gaps (if any) in client's source of wealth and assess the plausibility in line with MAS and the Bank’s expectations.
- Conduct independent and meticulous reviews, incorporating plausibility checks and validation of Clients' Source of Wealth and source of funds.
- Perform detailed calculations to support the client's source of wealth journey, i.e accumulation of wealth over time
- Liaise with relationship managers for deficiencies of KYC information and obtain corroboration documentation.
- Assist relationship managers to succinctly translate the SoW information into a professional and quality write up.
- Report to the SoW remediation team lead for completion progress on a regular basis and escalate issues to Compliance where required
- Collaborate with auditors and relevant stakeholders on audit and assurance-related matters.
- Coordination and collation of CDD related MIS.
The Talent
- 2-3 years of AML and Source of Wealth (SoW) experience for Client Onboarding and Periodic Reviews in a private banking environment.
- Knowledgeable and sensitive to the risks involved AML risks of private banking clients.
- Strong analytical writing skills and strong communication skills, including the ability to deal with potentially contentious issues effectively.
- Good written and proficient oral communication skills in both English is a must.
- Familiar with excel and preparation of statistics for reporting.
Next Steps
- Drop your resume and contact us to follow-up, or send your resume to [email protected]
- Email Topic: Apply AML Analyst (SoW)
- Only shortlisted candidates will be contacted
Cecilia Sim Xin Yang
Personnel Registration No. R22105099
EA Licence No.91C2918
