Analyst, Trade Finance AML Assessment

SMBC Group; Singapore; On-site; SGD 60,000 - 90,000; Full time

Job summary

SMBC Group is seeking a diligent AML/compliance investigator in Singapore to perform daily name screening clearance and review trade-related alerts. You will document conclusions for regulatory audits and prepare essential reporting data.

The role requires analyzing information, linking disparate data, and escalating issues promptly, in collaboration with front and back office teams. Ideal candidates hold a diploma or professional qualification, are detail-oriented, proactive, and capable of

Qualifications

• Able to link diverse information to build a full picture and spot inconsistencies.
• Knowledge of MAS regulations on AML and Sanctions including KYC and screening.
• Strong team player with good communication; independent and proactive in investigations.

Responsibilities

• Perform daily name screening alert clearance.
• Review/investigate trade manual screening alerts and red flags escalated by trade processing for potential sanction violations.
• Ensure that review and investigation conclusions are documented for regulatory/audit review.
• Coordinate and/or prepare required management information reporting data as applicable.
• Investigate and report discrepancies and irregularities from transactions or system failures and resolve issues, including stakeholder complaints and escalation to Group Head/Team Lead.
• Other tasks as assigned by Group Head / Team Lead

Skills

Analytical thinking

Attention to detail

Communication skills

Team player

Investigative mindset

Education

Diploma or professional qualification

Job description

Headquartered in Tokyo, Sumitomo Mitsui Banking Corporation (SMBC) is a leading global financial institution and a core member of Sumitomo Mitsui Financial Group (SMBC Group).

SMBC is one of the largest Japanese banks by assets, with over ¥265,558 billion in total assets and strong credit ratings across our global integrated network spanning 39 countries and territories, 15 of which are here in the region.

Responsibilities

• Perform daily name screening alert clearance
• Review/investigate Trade manual screening alerts and red flag escalated by trade processing team for potential sanction violations in accordance with SMBC policies.
• Ensure that review and investigation conclusions are adequately and properly documented for regulatory/audit level review.
• Coordinate and/or prepare the required management information reporting data as applicable
• Investigate and report discrepancies and irregularities arising from transactions, system failure, etc and resolve issues including handling stakeholder's complaints and escalating all issues to Group Head / Team Lead promptly.
• Other tasks as assigned by Group Head / Team Lead

Requirements

• Minimum Tertiary or Professional Diploma
• Able to link diverse information to build a full picture and spot inconsistencies
• Possesses knowledge of MAS regulation on AML and Sanctions requirements including KYC, Screening.
• Strong team player
• Good communications skills, hands on, independent and proactive in carrying out investigation on customers and/or transactions. Able to work with front office and back office