Role & Responsibilities
- Provide advisory as well as 2nd level review of KYC/CDD corporate structure (including funds/ trusts);
- Perform quality assurance review on KYC/CDD reviews (L & M) and quality assurance review on Transactions.
- Perform periodic review of parameters and threshold settings of Customer Due Diligence risk rating / transaction monitoring systems and name screening system.
- Assist in the preparation and reporting of FATCA/CRS to IRAS
- Assists in the preparation and review of Enterprise-Wide AML/CFT Risk Assessment
- Policy and procedural enhancements, perform gap analysis of MAS Regulations / Best practice papers
- Assist in the maintenance of sanctions-related regulations (assess impact of revised / new sanctions regulations)
- Conduct training for staff including induction training for new hires e.g. AML KYC / transactions monitoring
- Preparation of AML reports for management and Head Office reporting (monthly and quarterly)
- Other ad hoc duties as and when required e.g. review transaction monitoring alerts, review of AML reports, preparation and/or submission of STRs, AML investigation, extract of documents for audit review, provide statistics, AML survey
- Maintain a current understanding of money laundering and terrorist financing, sanctions issues including policies, procedures, regulations, industry best practices, criminal typologies and developing trends
Requirements
- At least 5 years experience in the KYC/CDD reviews (corporate, trust and fund structure) including transaction monitoring / investigation area, familiar with sanctions together with project management / system implementation experience.
- Sound knowledge of MAS regulations (MAS Notice 626, Guidelines to MAS Notice 626 and best practice papers), Sanctions, investigation and Anti-Money Laundering regulations
If you&aposre interested in the above role, click on the &aposapply&apos function now! Alternatively, you can contact Hao Yi at [Confidential Information] for a confidential discussion. Only shortlisted candidates will be notified.
Morgan McKinley Pte Ltd | EA Licence No: 11C5502 | EA Registration No. R21100351
