The AML/CFT Name Screening & CDD Analyst will support the Head of Risk Management & Compliance and the Team Lead, Risk & Regulatory Management, in clearing unresolved alerts resulting from the migration to a new AML/CFT system. The role involves conducting name screening reviews, performing customer due diligence checks, monitoring customer transactions, and ensuring ongoing alignment with MAS regulatory requirements.
Name Screening & Alert Review
- Review and assess daily name screening alerts generated from the AML/CFT system.
- Determine appropriate follow-up actions, including closure, escalation, or obtaining approvals.
- Document decisions and justifications clearly in accordance with internal procedures.
Customer Due Diligence (CDD)
- Ensure that PIAS CDD measures for customer identification and verification are properly performed and fully compliant with internal policies and MAS requirements.
- Conduct periodic reviews and support enhanced due diligence (EDD) where required.
Transaction Monitoring Support
- Monitor the conduct of customers accounts to ensure transactional behaviour is consistent with PIAS understanding of the client's profile, business activities, and where applicable, source of funds.
- Identify unusual or suspicious patterns and escalate potential red flags promptly.
AML/CFT Framework Support
- Assist in maintaining and enhancing the AML/CFT framework, policies, and procedures.
- Support alignment with MAS Notices, Guidelines, and evolving regulatory expectations.
- Participate in remediation projects, system enhancements, and ad-hoc compliance initiatives.
Minimum Requirements
- Diploma or Bachelor's degree in Business, Finance, Accounting, or a related discipline.
- Minimum 12 years of relevant experience in AML/CFT, name screening, KYC/CDD, financial crime compliance, or regulatory compliance within the financial services sector.
- Understanding of MAS AML/CFT regulations
- Strong ability to assess alerts, identify inconsistencies or risks, and determine appropriate next steps.
- High accuracy in reviewing documentation and validating screening results.
- Clear verbal and written communication for documenting assessments and interacting with internal stakeholders.
- Strong sense of ethics, responsibility, and confidentiality when handling sensitive information.
- Ability to work collaboratively as well as manage tasks independently in a fast-paced environment.
- Strong organizational skills with the ability to prioritise multiple alerts and meet tight deadlines.
