Officer - AML/CDD Onboarding Senior Analyst

Bank of America; Singapore; On-site; USD 50,000 - 90,000; Full time

Job summary

An established industry player is seeking a detail-oriented professional to join their Anti-Money Laundering Client Due Diligence team. This role involves critical tasks such as performing document gap analysis, processing AML/CDD checks, and collaborating with various teams to ensure compliance with regulatory standards. The successful candidate will have the opportunity to grow within a dynamic environment, gaining exposure to diverse financial products and markets. If you are a proactive learner with a control-focused mindset and a passion for continuous improvement, this role offers a unique chance to make a significant impact in the financial sector.

Qualifications

• 2-4 years experience in AML/CDD roles preferred.
• Strong understanding of regulatory and reputational risks.

Responsibilities

• Perform document gap analysis and validate documentation.
• Process AML/CDD requests and support KYC issues.

Skills

Document Gap Analysis

AML/CDD Procedures

Regulatory Risk Understanding

Communication Skills

Problem Solving

Team Collaboration

Education

Bachelor's Degree

Job description

Job Description:

At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. We do this by driving Responsible Growth and delivering for our clients, teammates, communities and shareholders every day.

Being a Great Place to Work is core to how we drive Responsible Growth. This includes our commitment to being an inclusive workplace, attracting and developing exceptional talent, supporting our teammates’ physical, emotional, and financial wellness, recognizing and rewarding performance, and how we make an impact in the communities we serve.

Bank of America is committed to an in-office culture with specific requirements for office-based attendance and which allows for an appropriate level of flexibility for our teammates and businesses based on role-specific considerations.

At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!

About the Role:

The role is within a team of associates in the Anti-Money Laundering Client Due Diligence (AML/CDD) onboarding function. The team covers new client onboarding and expansion across Global Banking and Markets (GBAM) as its core activities. Responsible for completing AML/CDD checks in line with country standards and CIP/CDD procedures. Responsible to provide seamless delivery and client delight.

We not only offer the training and support you will expect from a leading global bank but also the opportunity to grow your career. With exposure to a variety of financial products and markets plus internal exposure to business and support stakeholders. We can offer excellent development and represent the ideal mobility opportunity.

Job Description:

• Perform document gap analysis by self-sourcing and reviewing available documentation. Evaluating information available publicly or through vendors for multiple Asian jurisdictions
• Liaise with sales/client teams to obtain and validate correct documentation
• Process AML/CDD by enriching onboarding requests in the system of record and performing enhanced due diligence as required
• Support creation of key business metrics
• Liaise with internal departments to support KYC issues - Involvement in ad hoc projects for new processes or industry initiatives
• Participate in remediation’s, internal/external Audits Requirements
• Control focused mindset and good understanding of regulatory and reputational risks (knowledge of Asian requirements a plus)
• Ability to work under pressure in a dynamic team environment.
• Ability to liaise with all levels of the firm and people with different experiences and backgrounds.
• Collaborate closely with business partners to onboard client locally and regionally.

Experience

• At least 2-4 years’ working experience in a similar role is preferred
• Control focused mindset and good understanding of regulatory and reputational risks (knowledge of APAC AML/CDD requirements a plus)
• Excellent presentation, communication and problem solving skills
• A proactive learner and self-starter seeking continuous improvement in all job-related aspects.
• Experience of working in an Asia/Global environment.
• Good written and oral English, additional language expertise will be a plus.