Business Control Manager (Corporate Banking )

BANK OF CHINA LIMITED; Singapore; On-site; SGD 60,000 - 90,000; Full time

Job summary

A leading financial institution is seeking candidates for an AML/KYC role that includes conducting in-depth reviews and validations of customer accounts. The successful candidate will ensure compliance with regulations, address suspicious activities, and lead training initiatives while working collaboratively within teams. Ideal candidates will have significant experience and be proficient in both English and Chinese to communicate effectively.

Qualifications

• At least 3 years of relevant experience in AML/KYC/CDD.
• Good knowledge of current AML/CFT regulations and KYC procedures.
• Bilingual in English and Chinese (spoken and written).

Responsibilities

• Ensure KYC and account maintenance compliance.
• Validate transaction reviews and identify abnormalities.
• Track and document KYC processes and findings.

Skills

Communication

Interpersonal skills

Self-motivation

Meticulousness

Computer literacy

Tools

Microsoft Word

Microsoft Excel

Job description

Job Description

• Ensure On-boarding KYC, KYC on customers’ account maintenance and periodic. KYC review documents are appropriate, sufficient and the completeness of customers’ documents are in accordance to the AML standard set by the bank.

• Perform validation on transaction reviews and be able to identify any

abnormal transactions during KYC review.

• Ensure proper tracking and documentation of all KYCs conducted for

customers and reviews are completed timely as per AML requirements.

• Partner with Business unit and work closely with Compliance when

performing due diligence checks on customers.

• Initiate STR filing if any suspicious activity is uncovered during KYC

checking and reviewing on a timely basis.

• Organize regular AML training for business units to promote compliance awareness and updates on regulatory requirements

• Assist to streamline KYC processes and propose solutions to LCD for future revisions.

• Other ad-hoc duties as assigned by Management.

Job Requirements

• At least 3 years of relevant working experience in the AML/KYC/CDD related functions in Corporate Banking / Commercial Banking.

• Keep a good in-depth knowledge and understanding of current AML/CFT regulation and KYC procedures.

• Self-motivated, meticulous and able to multi-task.

• Possess good communication and interpersonal skills.

• Computer literacy essential in Microsoft Word and Excel.

• Able to work both independently and as a team

• Effectively bilingual in English and Chinese language both in spoken and written form so as to communicate with Chinese counterparts.