As part of the Anti-Money Laundering (“AML”) team within Compliance, you will be performing AML watchlist screening, customer due diligence reviews, reviewing transactions for suspicious activity and preparation of review assessments and reports.
Job Description:
- Assist in AML watchlist screening and promptly handle screening queries to the AML team.
- Conduct enhanced customer due diligence (“ECDD”) reviews for new and existing customers, including the screening of customers against watchlists using the in-house system, and verification of customer’s Know Your Customer documents.
- Undertake periodic review of customers to enable the company to identify changes in the customer’s risk profiles.
- Review the Transaction Monitoring alerts for suspicious activities. File Suspicious Transaction Report to the Commercial Affairs Department, if required.
- Handle queries from Business Units promptly.
- Participate in AML-related projects and/or undertake tasks assigned from time to time.
- Participate in training sessions for staff regarding anti-money laundering/countering the financing of terrorism (“AML/CFT”) regulations and compliance procedures.
Job Requirements:
- Diploma or Degree in any discipline.
- AML/CFT-related experience required and certification would be preferred:
a) Conducting of AML/CFT reviews for high-net-worth and affluent individuals.
b) Experienced in reviewing Indexed Universal Life (IUL) policies and Unit Trusts as part of due diligence assessments would be preferred.
- Strong analytical abilities to assess risks and identify suspicious activities.
- Strong written and oral communication skills to prepare review findings and reports.
- Good interpersonal skills to work well with internal and external stakeholders
- Self-motivated with initiative and a good team player to deliver on the work outcomes.
- Take ownership to optimize results and be detail-minded
- Proficiency in Python and macro development (e.g., Excel VBA or scripting tools) is a plus.
