Due to an increase in business this reputable MNC bank is seeking an experience compliance candidate to join their established team. Focusing on transaction monitoring this role with have regional coverage and reporting to the head of management assurance Singapore Asia. This role is accountable for undertaking compliance activities and advice to the Asia business. In particular in relation to financial crime, AML and KYC risk management.
Responsibilities include:
- Perform transaction monitoring using the bank’s dedicated system(s) and engage different stakeholders e.g. business, compliance for further escalation or reporting where necessary.
- Perform ongoing customer name screening review to identify sanctioned/PEP customers and connected parties for further due diligence and decision.
- Perform sanction payments filtering review to analyse each of the escalated cases and come up with recommendations and justifications that are within the bank’s sanction policy and risk appetite.
- Engage in projects or ad hoc initiatives involving different risk matters particularly on financial crime.
- Assist with the management of regulatory change through providing impact analysis of proposed changes, and analysis of issues in relation to banking compliance activities
- Support and build / sustain relationships with the business and the business aligned management assurance partners
- Answer questions from the business on KYC (Know your Customer)and Ongoing Customer Due Diligence queries or other financial crime related matters.
- Perform control assessments and ensure findings from are used to conduct coaching and provide feedback and training to the businesses.
- Prepare reports and communications on different risk matters.
- Support the adoption and embedding risk frameworks, standards and tools in line with the risk management accountability framework
- Other compliance activities as advised by the people leader.
Experienced required:
- 5 years of experience in undertaking compliance activities and advice, in particular to transaction monitoring, financial crime, AML and KYC risk management.
- Excellent communication skills in English, both written and verbal. Proficiency in an Asian language skill will be an advantage
If you are interested in this role please apply below or contact me for more information.
