Client Due Diligence Specialist - Singapore - Bank of Singapore

Bank of Singapore

Verified Company

Singapore

1 week ago

Posted by:

Wei Jie

beBee Recruiter

Description

Client Due Diligence Specialist - Front Office Periodic Review (6 Months Contract Maternity Cover)

-

(

230000XO

)

Description

Client Reviews

Conduct AML periodic reviews of existing relationships including but not limited to higher risk relationships and financial intermediaries as per scheduling from compliance. This will cover preparing the forms, submission and initial assessment of name screenings & hits, taking appropriate approvals, uploading documents to the relevant systems and timely submission of the reviews
Carry out name screening in accordance with bank standards. Conduct assessment on potential hits, follow compliance guidance and procedure
Review SOW background of clients and assess in line with regulatory requirements
Identify and escalate any suspicious activity or potential red flags appropriately
Liaise with relationship managers for issues and deficiencies identified during review
Represent the team in ad hoc AML related projects, initiatives and UATs

Qualifications

A minimum 35 years of relevant experience in private banking or client onboarding and reviews within financial institutions is preferable
Bachelor degree or diploma holder
A good understanding of AML requirements
Excellent interpersonal, communication skills
Meticulous, strong attention to detail
Possess future oriented mindset, strive to innovate and adapt to changes
Strong understanding of interdependencies within the team and able to collaborate effectively across departments
Ability to thrive in a fast paced environment and remain empathetic, passionate and resilient

Primary Location:

Singapore

Job:

Client Review

Organization:

Bank of Singapore Division

Schedule:

Permanent

:
Full-time

Job Posting:
08-May-2023, 5:28:35 AM