Senior Associate, Know Your Customer Specialist – CDD review, SME CORE Team

Job description

Responsibilities

To conduct CDD reviews. Experience in Suspicious Transaction and Sanctions review would be an advantage. To perform review on customer’s transactions for points of clarification and draft queries To reach out to customer in requesting for information (RFI) in relation to their transaction, purpose of transactions etc by emails and phone calls. To perform KYC Screening, review past transactions, conduct enhanced due diligence, and assess the AML/CFT/sanctions risk of customer.

Ensure that Trigger Events are managed and completed within stipulated time frame. Liaise with other compliance units and businesses regarding surveillance AML/KYC issues. Manage Exit Journey including communication on Account closure, Appeals and Complaints To escalate potential risk concerns in a timely manner and make risk calls where appropriate. Maintain a current understanding of money laundering and terrorist financing issues, including policies, procedures, regulations, industry best practices, criminal typologies and developing trends.

Requirements

Minimum of a bachelor’s degree or equivalent relevant working experiences. Minimum 5 years of AML/KYC experience, preferably review of corporate customers in the banking industry. Minimum 2-3 years of transaction review experience Sensitive to operational and financial crime risks Ability to multitask and manage a high number of priorities in a fast-paced environment. Ability to work with stakeholders across different functions.

Ability to be client-centric while balancing risk and controls. ACAMS or ICA professional certification is a plus.

Location

DBS Asia Central Job: Compliance Schedule: Regular Employee Status: Full time