The Senior Officer of AML will be reporting to the Head of AML and assists the AML Managers to handle the daily tasks mandated under the AML department.
He/She is well-versed with financial crime developments and trends within the industry, and he/she is a keen learner, keeping abreast of changes and new approaches within the financial crime compliance function. He/She possesses integrity, is detail-oriented, and driven to excel. He/She is able to adapt well to changing priorities, and can effectively prioritise workflows to meet critical deadlines.
Review Client Due Diligence for High-Risk Accounts
- Understanding of Source of Wealth / Source of Fund Corroboration for High-Risk accounts
- Review of client's source of wealth and provide guidance to Front Office on deficiencies and issues in the SoW documentation
- Preferably to have experience handling AML cases with Taiwanese clients
- Conduct independent assessment by reviewing the documents submitted for validation and plausibility checks against SoW of High-risk clients
- Review high-risk factors in the client's profile and determine whether relationship should be maintained with mitigating controls put in place
Conduct Alert Investigation for Transaction Monitoring
- Conduct reviews and investigations of suspicious transactions identified through transaction monitoring systems by reviewing alerts generated by the transaction monitoring system
- Conduct detailed investigations by gathering and analysing relevant data (e.g. KYC, transactional history, customer profiles)
- Identify unusual transaction patterns and assess whether activity is consistent with the customer's profile and expected behaviour
- To be responsible to escalate cases for financial crime investigations and file STR if required
Assist AML Managers with Ad-Hoc AML Projects
- Assist AML Managers in AML-related projects assigned by Head of AML
Requirements:
- Bachelor Degree or equivalent in a recognized tertiary institution
- Candidates with banking experience is preferred
- Candidates with ACAMS, CACS, FRM and /or CFA will have an added advantage
