Compliance AML Analyst (Transaction Monitoring)

Location: Singapore
Job Type: Contract
Posted: about 2 months ago
Contact: Chevelle Tan
Discipline:
Reference: 262137


AML Risk Management Analyst (Transaction Monitoring)

  • 6 months contract
  • Office location: East


The Client

  • MNC Bank


The Opportunity

  • Identify, vet and address potential risks or escalated issues with the assistance of functional partners and key stakeholders
  • Utilize information from regulatory changes, new regulations, and internal policy changes to further identify new key risk areas
  • Analyze comparative data, prepare and present reports related to AML risk assessments, and monitor AML related issues and escalation
  • Conduct investigations and research on potentially suspicious clients using various internal and external systems and databases
  • Conduct Cross Sector reviews among multiple business lines.
  • Document and report the review/investigation findings and prepare case files with the required supporting documentation
  • Summarize, in writing, clear and concise findings of the investigation
  • Advise senior management on next steps and provide recommendations on the next course of action (relationship retention, termination, Suspicious Activity Report (SAR))
  • Manage risk by analyzing the root cause of issues and impact to business
  • Has the ability to operate with a limited level of direct supervision.


Your Background

  • Degree in Banking with at least 1 year of relevant experience in AML / KYC.
  • Experience and knowledge of AML regulations/laws (such as the Bank Secrecy Act, the US Patriot act, US Treasury AML guidelines, and OFAC requirements)
  • Experience writing and preparing Suspicious Activity Reports (SARs)
  • Proficient computer skills with a focus on Microsoft Office applications
  • Consistently demonstrates clear and concise written and verbal communication


Interested parties please click "Apply Now" or contact Chevelle (EA Reg no: R1762272) at chevelle.tan@peoplebank.asia


Peoplebank Singapore Pte Ltd, EA Licence Number: 08C5248

EA Licence: 08C5248