AML/EDD Compliance Analyst – Transaction Monitoring

Success Human Resource Centre; Singapore; On-site; SGD 39,000 - 61,000; Full time

Job summary

Success Human Resource Centre Pte Ltd is seeking an AML Compliance Analyst in Singapore to perform Enhanced Due Diligence checks and monitor AML/CFT compliance for banking customers. The role requires at least 6 months of KYC/AML experience, a degree, and proficiency in Excel/Word.

You will review system alerts, investigate and document actions, file STRs when required, and coordinate with stakeholders. Prior banking experience is a plus.

Qualifications

• Minimum degree holder
• Must have some KYC/AML experience (Min 6 months)
• Proficient in English Language
• Proficient in Microsoft Excel and Microsoft Word
• Proficient in using email
• Good team player
• Experience in transaction monitoring will be an advantage
• Experience in retail banking or corporate banking will be an advantage

Responsibilities

• Perform Enhanced Due Diligence (EDD) checks on bank customers
• Ensure AML/CFT compliance with Singapore regulators and HQ requirements by monitoring transactions and investigating alerts
• Resolve or escalate alerts; document handling of alerts
• File suspicious transaction reports (STRs) when necessary within stipulated timelines
• Review and investigate system-generated alerts to determine next steps
• Conduct further investigations engaging relevant stakeholders to obtain required information
• Close alerts promptly with proper documentation of closure rationale
• Assist team lead with reporting to management and other stakeholders
• Maintain STRs register and follow up on requests from authorities
• Work with AML team to maintain monitoring systems and participate in testing
• Participate in projects as required by Team Lead or Head of Department
• Collaborate with other teams in Compliance space
• Handle ad-hoc duties as assigned by supervisor

Skills

KYC/AML experience

English proficiency

Team player

Transaction monitoring

Financial compliance

Retail/corporate banking experience

Education

Bachelor's degree

Tools

Microsoft Excel

Microsoft Word

Job description

Success Human Resource Centre Pte Ltd is seeking an AML Compliance Analyst in Singapore to perform Enhanced Due Diligence checks and monitor AML/CFT compliance for banking customers. The role requires at least 6 months of KYC/AML experience, a degree, and proficiency in Excel/Word.

You will review system alerts, investigate and document actions, file STRs when required, and coordinate with stakeholders. Prior banking experience is a plus.