Job Description
KYC Programme Oversight
- Support MLRO in developing, implementing, and maintaining KYC policies, procedures and industry best practices in line with MAS regulations
Review of CDD/EDD
- Review and monitor high-risk client onboarding and periodic reviews to ensure proper customer due diligence, enhanced due diligence and source of wealth corroboration
- Provide guidance to junior AML officers in the assessment of high-risk accounts during onboarding and periodic reviews
- Assess whether past transactional activities are consistent with the customer's profile during periodic review and identify suspicious transactions for escalation for STR reporting
- Perform PEP risk assessment of high-risk accounts and prescribe mitigating control measures on high-risk accounts
- Review trigger events during client life-cycle and ensure that any high-risk factors had been identified and assessed during customer due diligence
Assist HOA with Ad-Hoc AML Projects
- Assist in AML-related projects assigned by Head of AML and AML Senior Manager
Job Requirement
- Minimum 6-8 years of relevant working experience in Singapore Banking Industry & any AML relevant qualifications (e.g. ACAMS) will be an added advantage
- Bachelor of Law, Accountancy, Economics, Business or equivalent in a recognized tertiary institution. Those with ACAMS, CACS, FRM &/or CFA will have added advantage
- Required to be familiar with AML compliance requirement
