Merchant Assessment Officer (Contract)

Network For Electronic Transfers (S); Singapore; On-site; SGD 40,000 - 60,000; Full time

Job summary

Network for Electronic Transfers (S) is seeking an AML Officer to maintain daily AML/KYC screening and records while reporting to the AML Team Manager. You will support ongoing alert monitoring and risk assessments across merchant profiles, collaborating with internal stakeholders during onboarding.

The ideal candidate brings 1–2 years of AML/KYC experience, a meticulous mindset, and strong communication skills to ensure timely, accurate updates within defined SLAs.

Qualifications

• Experience in AML/KYC processing and risk assessment is advantageous.
• Meticulous and able to work under tight deadlines.
• Conscientious and a team player.
• Good interpersonal and communication skills.
• 1–2 years of relevant work experience preferred.

Responsibilities

• Ongoing monitoring of alerts as part of AML/KYC notifications.
• Conduct daily BAU assessments and periodic reviews of merchant profiles (AML/KYC and credit risk) within SLA.
• Collaborate with stakeholders during merchant onboarding.

Skills

Meticulous

Team player

Communication skills

Education

Higher Nitec, GCE A Level/ Diplomaholder

Job description

Select how often (in days) to receive an alert:

Company: Network For Electronic Transfers (S)

The NETS Group is a leading payments services group, enabling digital payments for merchants, consumers and banks across the entire payments value chain.

The Group operates Singapore’s national debit scheme enabling customers of DBS Bank/POSB, HSBC, Maybank, OCBC Bank, Standard Chartered Bank and UOB to make payments using their ATM cards or mobile devices at more than 130,000 acceptance points in the country as well as online payments.

Position Summary

The AML Team is part of the Customer Service and Operations division in NETS. This team is responsible for conducting AML/KYC screening and credit assessments on all new & existing merchants.

The Officer will be responsible for the daily maintenance of the AML/KYC screening and records. He/She will report into AML Team Manager.

Key Responsibilities

• Ongoing monitoring of alerts as part of the AML/KYC notifications.
• Conduct daily BAU assessment, periodic review and analyze new & existing merchant profile (AML/KYC and credit risk assessment) within SLA.
• Working with various stakeholders as part of the onboarding of merchants

Requirements

• Minimum Higher Nitec, GCE "A" Level/ Diplomaholder
• 1-2 years of relevant work experience (Preferred)
• Experience in AML/KYC processing, and risk assessment and review will be an advantage
• Meticulous and able to work under tight deadlines
• Conscientious & team player
• Good interpersonal & communication skills

Network for Electronic Transfers (Singapore) Pte Ltd.