Key Responsibilities

- KYC & Customer Due Diligence (CDD):

Perform end-to-end onboarding and periodic CDD reviews for corporate clients, financial institutions, and correspondent banking accounts in accordance with MAS Notice 626 and internal policies.

Verify ownership structures, ultimate beneficial ownership (UBO), source of wealth/funds, and ensure all customer documentation complies with local regulatory requirements.

- Payment & Sanctions Screening:

Review and clear real-time remittance, trade finance, and name screening alerts(Sanctions, PEP, Adverse Media) in the system.

Investigate true matches, request supporting documentation from business units or correspondent banks, and escalate potential risk hits appropriately.

- Transaction Monitoring & STR Handling:

Perform post-transaction monitoring and pattern analysis system to detect unusual or suspicious transaction behavior.

Conduct detailed investigations into flagged alerts and assist in drafting Suspicious Transaction Reports (STRs) for review.

- Regulatory Inquiries & Reporting:

Assist in compiling data and preparing investigation reports for regulatory authorities (e.g., MAS, CAD, CPIB etc).

Prepare monthly consolidated compliance management reports as required by the bank and Head Office.

- Compliance Advisory & Training:

Provide day-to-day guidance to front-office and operational business units on KYC and local regulatory queries.

Assist in developing and updating internal compliance training materials, SOPs, and semi-annual AML/CFT staff quizzes.

Handle ad-hoc compliance tasks and project assignments as directed by the Compliance Manager.

Job Requirements & Qualifications

. Experience: More than 2 years of relevant experience in AML/CFT, Corporate KYC/CDD, and Transaction Monitoring within a bank preferred.

. Regulatory Knowledge: Strong working knowledge of MAS Notice 626, the Corruption, Drug Trafficking and Other Serious Crimes Act (CDSA), and local regulatory frameworks.

. Technical Skills: Hands-on familiarity with reviewing complex structures, AML Transaction Monitoring systems and sanctions screening tools.

. Soft Skills: Strong analytical ability, high attention to detail, excellent written communication, and sound risk judgment. Ability to manage investigative queries independently.

KYC/COMPLIANCE OFFICER