Role Overview
This is a 12-month contract role supporting the AML Compliance team in day-to-day financial crime compliance operations. The role focuses on transaction monitoring alerts, KYC/CDD reviews, sanctions screening, and regulatory compliance support. The role is convertible to permanent based on performance and business needs.
Key Responsibilities
- Monitor AML system-generated alerts and perform initial investigation on potential suspicious transactions
- Support escalation and preparation of Suspicious Transaction Reports (STRs) under guidance of senior team members
- Review sanctions screening hits (PEP, sanctions, adverse media) and ensure proper disposition in line with AML policies
- Perform KYC/CDD and EDD checks for corporate and private banking clients, including verification of supporting documents
- Support periodic KYC reviews and maintenance of client records in compliance with MAS Notice 626
- Assist in FATCA and CRS data validation and reporting processes
- Support transaction monitoring and name screening system operations and maintenance
- Assist in documentation updates for AML policies, procedures, and internal guidelines
- Support audit, regulatory, and compliance review requests by preparing required documentation
- Assist in AML/CFT training and awareness activities across business units
- Monitor regulatory updates and support implementation of control enhancements
- Perform other operational and compliance duties as assigned by the Compliance team
Requirements
- Bachelor's degree in Finance, Business, Accounting, Economics, or related discipline
- 2-4 years of AML/KYC or compliance-related experience in banks, financial institutions, or Big 4 CPA firms
- Exposure to transaction monitoring, KYC/CDD, or sanctions screening preferred
- Basic understanding of MAS AML/CFT requirements will be an advantage
- Strong attention to detail and willingness to learn
- Good analytical and communication skills
- Able to work independently and as part of a team
- Fluent in English and Mandarin to support communication with internal and external stakeholders
