Advisory Role:
The AFC function is responsible for protecting the bank’s financial and reputational losses incurred by financial crimes by assessing, controlling and mitigating risks. Risk types related to Anti-Financial Crime are consolidated in a comprehensive and effective risk management framework that covers Anti-Money-Laundering, Sanctions & Embargoes, Anti-Bribery & Corruption as well as Anti-Fraud & Investigations.
Your key responsibilities:
- Support in providing preliminary AFC guidance to the business / stakeholders on Singapore KYC reviews, and transactions, leveraging AFC subject matter experts.
- Review and assess escalated unusual or potential suspicious client activities to the Singapore MLRO in a timely manner for reporting to the competent authorities in compliance with applicable rules.
- Update and maintain local watchlists in accordance with local regulations.
- Oversee and review transaction screening and name screening escalations from AFC functions, Business and Operations functions.
- Analyze AML relevant clauses and suggesting adequate incorporations to the clauses in line with Bank standard clauses.
- Handle and coordinate regulatory requests / orders with various stakeholders and external agencies.
- Assist in the preparation of MI reports required internally for risk management purposes.
- Contributing to AML Function as a whole by sharing knowledge and best practices with AFC/AML Officers of the other Businesses and entities.
Your skills and experience:
- 2-3 years of AML advisory experience in Corporate and Investment Banking, Corporate Finance or Global Markets.
- Familiarity with local Singapore AML and CTF regulatory requirements.
- Experience working within a team in a multinational organization and flexibility to adapt to changing priorities to meet organizational and business needs.
- Able to work under pressure, operate well independently or within a team, within tight deadlines and a proactive self-starter, solutions and results oriented as well as organized.
