Assisting Head of Risk Management & Compliance and Team Lead Risk & Regulatory Management in development and implementation of framework, process and best practices to maintain and/or mitigate any regulatory risk to acceptable standards.
- Review daily name screening alerts and conduct timely disposition in accordance with internal guidelines and MAS regulations.
- Review client onboarding to ensure proper CDD, ECDD for higher risk clients, including source of wealth/ source of funds verification.
- Conduct transaction monitoring to ensure that the transactions are consistent with PIAS knowledge of the customer, its business, risk profile and where appropriate, the source of funds.
- Provide advisory support on escalations/queries from various business units.
- Draft and prepare Suspicious Transaction Reports
- Assist in developing, implementing and maintaining the AML/CFT Framework and policies ensuring alignment with regulatory requirements.
- Prepare and contribute to regular MI reporting.
- Support EWRA and AML risk assessment reviews.
- All other duties as assigned.
- 1 to 5 years of relevant experience in AML/CFT within a financial institution
- Proficient in Microsoft Excel
