To provide the end-to-end support for the onboarding of high-risk customers (HRC) from all business segments which will include performing the relevant CDD, SOF, SOW collection and corroboration, EDD investigation and customer risk assessment on a timely basis.
Responsibilities:
Risk Assessment & Compliance:
- Conduct AML screening of customers and critical stakeholders.
- Conduct weekly and monthly Transaction Monitoring on customers
- Conduct enhanced due diligence (EDD) on high-risk customers, liaise with internal stakeholders to ensure timely escalation of potential risks to senior management
- Prepare and assist in filing of Suspicious Transaction Reports in compliance with regulatory and internal requirements.
Reporting & Documentation:
- Maintain accurate records of all EDD and correspondence in accordance with company policies and regulatory obligations.
- Prepare and present detailed findings, analysis, and recommendations to internal teams or regulators when necessary.
- Performs other responsibilities and duties periodically assigned by supervisor.
Requirements:
- Bachelor's degree in Finance, Law, Business, or a related field (or equivalent experience).
- Certification in Anti-Money Laundering (e.g., CAMS, CFE, or other relevant certifications) is a plus.
- Minimum of 2-3 years of experience in AML compliance, financial crime prevention, or a related field.
- Experience in the insurance industry and AML systems (e.g., Actimize, SAS, etc.) is a plus.
- Experience in EDD reviews and KYC onboarding for customers, including good understanding of the various issues and practical solutions of the SOF / SOW corroborations for high-risk clients.
- Strong analytical and investigative skills with attention to detail.
- Ability to work independently
- Proficient in Microsoft Office Suite (Excel, Word, PowerPoint) and data analysis skills.
- Knowledge of local and international AML regulations and standards (e.g., FATF, OFAC, MAS, TSIFA).
- High level of integrity and takes ownership and accountability of results.
