Singapore
- Accurately identify gaps (if any) in client’s source of wealth and assess the plausibility in line with MAS and the Bank’s expectations. - Perform detailed calculations to support the client’s source of wealth journey, i.e. accumulation of wealth over time. - Liaise with relationship managers for deficiencies of KYC information and obtain corroboration documentation. - Assist relationship managers to succinctly translate the source of wealth information into a professional and quality write up. - Report to the SoW remediation team lead for completion progress on a regular basis and escalate issues to Business Compliance Managers or Compliance where required. - Coordination and collation of CDD related MIS. - Assist in administration to ensure colleagues have required access for BAU.
- Perform document gap analysis by reviewing available documentation and evaluating information available publicly or through vendors across multiple jurisdictions globally. - Liaise with sales/client outreach teams to obtain and validate correct documentation. - Perform documentations review collected through sales/client outreach team and KYC/AML by enriching KYC requests in the system, to ensure updates on system of records and performing enhanced due diligence as required. - Support creation of key business metrics. - Liaise with internal departments to support KYC issues. - Involvement in ad-hoc projects for new processes or industry initiatives. - Participate in Remediation and internal/external Audits - Involves providing/preparing reportable data for regulatory reporting.
- Daily BAU includes managing on new triggering events from current affairs, world news and changes in customer’s profiles. - Analyze new and existing customers’ profiles and transactions in the relevant sanctions, money laundering and terrorism financing. - Provide relevant sanctions/ML/TF risk assessments of customers’ profile and transactions, highlighting any key risk areas for attention. - Recommend effective risk mitigating strategies for senior management consideration and implementing approved risk mitigating strategies by ensuring thorough and consistent execution. - Process escalated name screening alerts and/or transaction activities alerts. - Process priority requests from compliance or local authorities. - Review and file internal suspicious transaction reports (UTR) to assess if further escalation to Group Regulatory Compliance Unit for STR filing. - Conduct Standard and Enhanced Customer Due Diligence reviews. - Manage customers and internal stakeholders’ request for information and documents. - Propose exit and closure of customer banking relationships. - Provide AML advisory support to internal stakeholders where required.