AML Ops Specialist / Senior Specialist

RESPONSIBILITIES:

-Responsibilities (Transaction Monitoring):

1. Monitor and analyse banking transactions and customer activities with bank systems. Identify suspicious patterns, unusual behavior, and high-risk activities that may indicate money laundering, fraud, or other illicit activities. Conduct investigations on identified suspicious transactions or activities. Review and document findings, including detailed analysis, supporting evidence, and prepare reports for internal and regulatory related purposes.
2. Support AML Advisory in the execution of ad-hoc key AML/ CFT matters where required
3. Ensure timeliness and accuracy in performing related AML reviews and checks

-Responsibilities (Name Screening): 

1. Reviewing and assess the name hits of individuals and companies, to ensure compliance with regulations and mitigate potential risks associated with money laundering, fraud, terrorism financing, and other financial crimes.
2. Analyse alerts to identify any possible matches with sanctioned entities, politically exposed persons (PEPs), and high-risk individuals. Review and document findings, including detailed analysis, supporting evidence, and prepare reports for internal and regulatory related purposes.
3. Support AML Advisory in the execution of ad-hoc key AML/ CFT matters where required
4. Ensure timeliness and accuracy in performing related AML reviews and checks

-Responsibilities (Event Driven Review): 

1. Perform holistic EDD reviews for Event Driven reviews.
2. Conduct screening and background checks for customers, related parties and counterparties.
3. Analyse the triggers for the event and draft questions (RFI) for customers to address the triggers.
4. Draft memo on ML/TF/Sanctions risk assessment based on customer profiles and customer’s response and recommend account management strategies.
5. Support AML Advisory in the execution of ad-hoc key AML/ CFT matters where required
6. Ensure timeliness and accuracy in performing related AML reviews and checks

SKILLS AND EXPERIENCE

• Diploma/ degree holder with minimum 5 years’ experience in Anti-Money Laundering (AML) and Countering Terrorism Financing (CFT) in a digital and/or SME/Corporate banking environment. Additional certifications in anti-money laundering (AML) will be advantageous.
• Strong knowledge of anti-money laundering laws, regulations, and global sanctions regimes will be advantageous.
• Strong communicator and collaborator with critical thinking with attention to detail and analytical skills and ability to prioritize multiple tasks efficiently.
• Team player with proactiveness and able to work independently
• Strong written and verbal communication skills
• Fluent in English and Mandarin