Responsibilities
- Perform AML monitoring/review on Trade post-transaction files.
- Review/investigate Trade manual screening alerts and red flag escalated by trade processing team for potential sanction violations in accordance with SMBC policies.
- Ensure that review and investigation conclusions are adequately and properly documented for regulatory/audit level review.
- Coordinate and/or prepare the required management information reporting data as applicable.
- Perform daily batch name screening alert clearance.
- Investigate and report discrepancies and irregularities arising from transactions, system failure, etc and resolve issues including handling stakeholder’s complaints and escalating all issues to Team Lead / Deputy Group Head / Group Head promptly.
- Prepare reports that summarize team activities and quality metrics.
- Collaborate to improve workflow, suggest enhancements, and support the implementation of improvement actions.
- Other tasks as assigned by Group Head / Team Lead.
Requirements
- Bachelors degree
- Minimum 3 years of experience in the banking industry with exposure to AML Screening and/or Trade AML
- Able to link diverse information to build a full picture and spot inconsistencies
- Possesses knowledge of MAS regulation on AML and Sanctions requirements including KYC, Screening.
- Strong team player
- Good communications skills, hands on, independent and proactive in carrying out investigation on customers and/or transactions. Able to work with front office and operation team.
