Money Laundering prevention by Monitoring & Screening controls (Monitoring & Screening) is responsible for executing the control frameworks designed to manage and mitigate the money laundering risk resulting from cash transactions of the banks clients and the client itself.
The work includes:
- Ensure the AML control framework is applied correctly and that all controls meet defined quality standards.
- Review and perform support activities of the AML monitoring alerts generated for potential suspicious activity and escalate cases with recommendations for further action or SAR determination.
- Maintain high operational standards with strong regulatory awareness and investigative skills, ensuring all workflows follow established policies, processes, and escalation procedures.
Job Requirement
- At least 3-4 years of related working experience in AML, Transaction Monitoring, Name Screening, or Financial Crime Investigations within a financial institution or regulatory body.
- Good knowledge/ understanding of banking and financial services laws and regulations, compliance best practices and understanding of financial products and systems.
- Familiar with diverse banking products across business lines in Private Banking, Wealth Management and automated AML monitoring/ case management systems, name screening tools and the functioning of core banking systems.
- Knowledge of AML and sanctions-related regulations professional certifications (e.g., CAMS) preferred but not mandatory.
- Detailed, meticulous and able to communicate effectively at all levels.
- Self-motivated team player with strong investigative and risk awareness skills.
