6 Months AML Analyst (Bank / Up to $6,500) #NJN

Recruit Express Pte Ltd; Singapore; On-site; SGD 60,000 - 90,000; Full time

Job summary

Recruit Express Pte Ltd has a contract-based AML/compliance role at Raffles Place in Singapore. The position runs from 9am to 6pm, Monday to Friday, for a 6-month contract.

The incumbent will analyse customer profiles for sanctions, ML and TF risks and prepare risk assessments for senior management consideration. Responsibilities include processing alerts, handling escalated requests, performing due diligence reviews, maintaining MIS updates, and providing AML advisory support.

Responsibilities

• Analysing new and existing customers’ profiles and transactions in the relevant sanctions, money laundering (ML) and terrorism financing (TF)
• Providing relevant sanctions/ML/TF risk assessments of customers’ profiles and transactions, highlighting any key risk area(s) for attention
• Recommending effective risk mitigating strategies for senior management consideration
• Implementing approved risk mitigating strategies by ensuring thorough and consistent execution
• Processing of escalated name screening alerts and/or transaction activities alerts
• Processing of priority requests from compliance or local authorities
• Reviewing and/or filing of internal Suspicious Transaction Reports to assess if further escalation to Group Regulatory Compliance Unit for STR filing is required
• Conducting Standard or Enhanced Customer Due Diligence reviews
• Managing customers and internal stakeholders’ requests for information and documents
• Exiting and closure of customer banking relationships
• Tracking of activities progress through MIS updates and reporting
• Providing AML advisory support to internal stakeholders where required
• Participating in on demand risk management projects and activities, including optimisation, RPA and AI RegTech initiatives

Job description

Raffles Place

9am to 6pm (Mon to Fri)

6 Months Contract

Responsibilities

• Analysing new and existing customers’ profiles and transactions in the relevant sanctions, money laundering (ML) and terrorism financing (TF);
• Providing relevant sanctions/ML/TF risk assessments of customers’ profiles and transactions, highlighting any key risk area(s) for attention;
• Recommending effective risk mitigating strategies for senior management consideration; and
• Implementing approved risk mitigating strategies by ensuring thorough and consistent execution

Key Learnings & Duties

• Processing of escalated name screening alerts and/or transaction activities alerts
• Processing of priority requests from compliance or local authorities
• Reviewing and/or filing of internal Suspicious Transaction Reports to assess if further escalation to Group Regulatory Compliance Unit for STR filing is required
• Conducting Standard or Enhanced Customer Due Diligence reviews
• Managing customers and internal stakeholders’ requests for information and documents
• Exiting and closure of customer banking relationships
• Tracking of activities progress through MIS updates and reporting
• Providing AML advisory support to internal stakeholders where required
• Participating in on demand risk management projects and activities, including optimisation, RPA and AI RegTech initiatives

Jessica Nguyen Huynh Thanh Truc

CEI Reg. R23113787

EA License No. 99C4599

We regret that only shortlisted candidates will be notified.