Job Requirement:
- 3-4 years of AML experience (KYC review experience) in a private banking environment in Singapore.
- Experience and familiarity in transaction review work would be required.
- Knowledgeable and sensitive to the risks and suspicious activities typical of private banking clients.
- Familiar with excel and preparation of statistics for reporting.
Responsibilities:
- Perform assessment on periodic reviews or trigger event reviews of existing relationships including but not limited to higher risk relationships. This includes reviewing the adequacy of source of wealth (SOW) corroboration, performing high level transaction review, identifying incremental AML or reputational risk via refreshed name screening.
- Conduct investigations on suspicious transactions/ activities surfaced during periodic review and prepare reports.
- Liaise with relationship managers/ business compliance managers for issues and deficiencies identified during periodic review.
- Escalate issues identified in the periodic review process and providing practical solutions to the businesses.
- Providing advice to businesses on matters pertaining to periodic review of clients.
- Review and approve requests from Front Office to temporarily unblock accounts which are placed on enhanced monitoring
- Prepare weekly and monthly reports to Senior Management on periodic review statistics in Singapore.
Thanks, and Best Regards
Karanam Vijaya Kiran
(EA Registration no: R1443178)
Recruitment Manager
Hand Phone: +65 92333815
Helius Technologies Pte Ltd (EA Licence No: 11C3373)
