AML KYC Compliance Officer (up to $7k) (ID: 697067)

Key Responsibilities

• Monitor daily transaction alerts generated from AML systems and conduct investigations into suspicious activities.
• Escalate cases and file Suspicious Transaction Reports (STRs) where required.
• Review and disposition alerts from name screening tools, including sanctions, PEPs, and adverse media hits.
• Ensure compliance with international sanctions regimes and internal policies.

• Review client onboarding and periodic reviews to ensure compliance with CDD and EDD requirements.
• Perform due diligence on high-risk clients, including verification of source of wealth and funds.
• Ensure completeness and accuracy of client documentation in line with regulatory standards.

• Prepare and validate client data for FATCA and CRS reporting, ensuring data integrity and compliance.
• Support regulatory submissions and respond to queries from regulators.
• Assist in internal and external audits, inspections, and compliance reviews.

• Assist in maintaining and updating AML/CFT policies and procedures in line with MAS regulations and head office standards.
• Support the execution and periodic updates of Enterprise-Wide Risk Assessments (EWRA).
• Provide AML/CFT advisory to business units on sanctions, CDD requirements, and risk mitigation measures.

• Support the enhancement and operation of AML systems, including transaction monitoring and screening tools.
• Deliver AML/CFT training and awareness programmes across the organisation.
• Keep abreast of regulatory developments and implement necessary control improvements.
• Perform additional duties as assigned by the Head or Deputy of Legal & Compliance.

• Degree holder with at least 3–5 years of AML/KYC compliance experience in banks and/or Big 4/CPA firms, preferably covering both Corporate and Private Banking.
• Strong understanding of AML/CFT regulations, including sanctions frameworks (e.g. OFAC, UN, EU) and MAS Notice 626.
• Good knowledge of Customer Due Diligence (CDD), Enhanced Due Diligence (EDD), and client onboarding processes.
• Strong analytical, investigative, and problem-solving skills.
• Excellent interpersonal and communication abilities.
• Self-motivated with the ability to work independently and collaboratively within a team.