Permanent Role with a world famous industry leading organisation.
Source of Wealth / Funds experience is essential for this position, within a Banking environment.
Salary to $8,500 per month max, dependent upon skills and experience.
Immediate Start can be available if desired.
Work you'll do
Conduct client due diligence during onboarding and periodic reviews, ensuring compliance with AML/KYC obligations.
Validate and verify KYC information through comprehensive research and cross-referencing internal and external databases.
Identify and escalate cases involving politically exposed persons and customers with medium to high AML risk.
Perform enhanced due diligence for customers with higher AML risk ratings, addressing complex compliance issues.
Conduct Source of Wealth review in accordance with regulatory and industry standards and advise on assessment and corroboration gaps; perform subsequent uplift to required standards.
Provide support to the Compliance function by handling ad hoc queries, evaluating sanctions alerts, and investigating transaction monitoring alerts for potential fraud.
Document the rationale for escalating or dismissing sanctions and transaction alerts, stay updated on AML regulations, support projects, and co-lead a team ensuring quality and efficiency.
Requirements
Undergraduate degree in a relevant field (e.g., accounting, law) and a professional certification is a plus.
Over 3 year of experience in KYC, AML, SOW, forensic accounting, fraud investigation, or related fields, ideally within consulting, financial, accounting, or legal institutions.
Basic understanding of AML regulations and money laundering schemes.
Experience providing financial crime consulting to various banking sectors and skills in analyzing, drafting, and presenting reports.
Strong team player with good communication, analytical, and report-writing skills, and a commitment to professional excellence.
Ability to Review Accounting/Financial Documents in Mandarin is a plus.
