Job Purpose:
This is an individual contributor role that aims to support AML/Sanction risk management by execution of financial crime operations including AML/Sanction screening alert review and controls over onboarding processes in line with internal/external control requirements.
Job Description:
- To oversee daily operations including workload allocation, providing on-the-job guidance, handling issues, reviewing processes, strengthen risk controls
- To review and clear EWSS transaction/batch name screening alerts in compliance with relevant policies/procedures/regulatory controls related to AML/CTF
- To ensure proper documentation, audit trail and record keeping for all processed alerts.
- To conduct investigation using available systems/customer information/supporting documents as well as to work closely with stakeholders ensuring alerts are attended and closed within approved SLA
- To report and escalate potential or true hits to Compliance / LCS / relevant stakeholders and follow up for resolution.
- To monitor daily volume and manage workload effectively, including backlog clearance to ensure no SLA breach
- To perform internal/external reports to HO and local regulatory authorities in timely manner
- To participate in relevant projects/testing and ongoing risk and efficiency enhancements including identifying and highlighting any unusual patterns/risk indicators/system gaps for risk mitigation; contributing to process improvement initiatives
- To support and back-up within team and/or Operations ensuring good teamwork and collaboration culture
- To act as a leave cover during Team Lead's absence
- To perform other duties as assigned by Team Lead / Head of Operations from time to time.
Requirements:
- 6-7 years of relevant experience in the financial industry
- Knowledge of Financial Crime/KYC & CDD/Compliance/ Account Services Operations/Banking Operations
- Experience with industry standard software such as Actimize, World Check, On Demand
- Good interpersonal, communication and presentation skills
- Ability to work both as an individual as well as a team member
- Experience working under pressure with strict SLA for alert clearing and reporting
- Conversant with desktop applications (eg Word, Excel)
- Fair competency in written and spoken English
