AML Transaction Monitoring Team Lead

Role Title: AML Name Screening Specialist 

Role Summary: The AML Ops Team shall Monitor and analyze banking transactions and customer activities and profiles with the Bank’s systems. This includes identifying irregular customer profiles, suspicious patterns, unusual behaviour, and high-risk activities that may indicate money laundering, fraud, or other illicit activities.

Primary responsibilities

• 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.
• 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.
• Support AML Advisory in the execution of ad-hoc key AML/CFT matters where required
• Ensure timeliness and accuracy in performing related AML reviews and checks

Summary of Requirements:

• Diploma/ degree holder with minimum 3 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.

Hours of Operation

The hours of operation will be 9am to 6pm, Monday to Friday. Bank holiday will follow Singapore public holidays calendar. There may be shift and overtime required for weekends or national holidays according to business requirement. Both parties need to align and mutually agree on such changes and plan in advance. Overtime rates if any be charged only when productivity targets are met, and also when the personnel gaps in the team (if any) are duly filled.