KYC AML Analyst - Toa Payoh

Duties:

• Assist Bank on KYC efforts in accordance to the CBSU AML KYC Ops procedures
• Perform KYC, transactions and product usage reviews and ensure documentation comply with local regulation and Bank standards KYC reviews (Scheduled & Unscheduled Reviews for Client types across varied risk classes) including monitoring and tracking of KYC records, assisting with the development and execution of action plan for expiring records, and ensuring records are not past due
• Client Identification, Verification and Screening Information such as customer’s address, employment (including employer), connectivity to PEP/SPF (Sanctions Screening), will be validated and confirmed. These will be validated based on existing information available or through approved third party sites. Based on the results, enhanced due diligence checks will be performed which include negative news and social media checks
• Partner with internal units to ensure adequate due diligence process is carried out for customer accounts and documentation reviews
• Send the requests to Outreach/RM for accounts where information is required to complete the review
• Any suspicious product usage from AML perspective gets highlighted to senior management for further reviews promptly
• Ensure to maintain quality standards (90% and above) for the KYC reviews undertaken
• Ensure any tech issue/procedural clarifications gets highlighted to managers for further review and guidance
• Ensure to get Quality Control (QC) review done on files prior to submission and respond/correct any discrepancies identified during QC reviews
• Generation of metrics per local, regional and global requirements on defined frequencies.
• Acts with integrity, respect and holds accountability.
• Negotiate solutions and acts as a liaison with internal and external clients
• Acts as a consultant to the businesses regarding processes & controls
• Coordinates and assists with onsite reviews and drives corrective actions.
• Has the ability to operate with a limited level of direct supervision.
• Can exercise independence of judgement and autonomy.
• Other ad-hoc duties assigned.

Requirements:

• Minimum Diploma/Degree in Banking/Finance/Business or related.
• 5 - 8 years relevant experience in KYC/AML/Due Diligence or has banking experience is preferred
• Knowledge of AML/KYC policies including bank systems, applications and due diligence processes.

Interested candidate, please sent your resume in MS Word format to [email protected]

Andy Low Soon Meng (R1104601)

EA Licence No: 99C4599

We regret that only shortlisted candidates will be notified.