AML Hub Analyst

NOVEL SUNKRIS BUSINESS SOLUTIONS PTE. LTD.; Singapore; On-site; SGD 60,000 - 80,000; Full time

Job summary

A multinational banking firm in Singapore is seeking an Analyst to perform risk and compliance reviews in their Anti-Money Laundering (AML) team. The role requires 2-5 years of relevant experience, strong analytical skills, and proficiency in MS Office. Responsibilities include conducting investigations, advising senior management, and documenting findings. Candidates should hold a Bachelor's degree or equivalent experience.

Qualifications

• 2-5 years’ relevant experience.
• Knowledge of AML regulations preferred.
• Excellent verbal and written communication skills.

Responsibilities

• Conduct investigations and research on potentially suspicious clients.
• Document and report the review/investigation findings.
• Advise senior management on next steps.

Skills

Analytical skills

Verbal communication

Written communication

Understanding of AML regulations

Proficiency in MS Office

Education

Bachelor’s/University degree or equivalent experience

Job description

The Analyst is an intermediate position responsible for performing risk and compliance reviews in coordination with the broader Anti-Money Laundering (AML) team of a MNC bank. The overall objective is to utilize in-depth AML knowledge to review, analyze and conduct effective due diligence and investigations on higher risk cases.

Responsibilities

• Conduct investigations and research on potentially suspicious clients using various internal and external systems and databases
• Conduct Cross Sector reviews among multiple business lines.
• Document and report the review/investigation findings and prepare case files with the required supporting documentation
• Summarize, in writing, clear and concise findings of the investigation
• Advise senior management on next steps and provide recommendations on the next course of action (relationship retention, termination, Suspicious Activity Report (SAR))
• Manage risk by analyzing the root cause of issues and impact to business
• Has the ability to operate with a limited level of direct supervision.
• Can exercise independence of judgement and autonomy.
• Acts as SME to senior stakeholders and /or other team members.
• Appropriately assess risk when business decisions are made, demonstrating particular consideration for the firm's reputation and safeguarding its clients and assets, by driving compliance with applicable laws, rules and regulations, adhering to Policy, applying sound ethical judgment regarding personal behavior, conduct and business practices, and escalating, managing and reporting control issues with transparency.

Qualifications

• 2-5 years’ relevant experience
• Knowledge of AML regulations preferred
• Proficient in MS Office
• Excellent verbal and written communication skills
• Demonstrated analytical skills

Education

• Bachelor’s/University degree or equivalent experience

The work location is at CBP.