About the role
Compliance Reviewer responsible for performing KYC/CDD/EDD reviews for Global Corporate Banking customers, ensuring compliance with AML/CFT regulations.
BankingOnsite
Key Responsibilities
- Perform On-boarding Customer Due Diligence (CDD)/Enhanced Due Diligence (EDD) review on Global Corporate Banking customers
- Ensure completion of Onboarding Reviews within stipulated timeframe and in line with Bank's policy and procedures
- Work closely with Relationship Managers to gather client documents/information before drafting on the EDD reviews and making independent recommendations regarding AML risk to the Business Units
- Conduct research via available Bank systems and commercial databases as well as Internet
- Identify, analyse and escalate potential AML risks
- Identify red flag situations and escalate in line with policy and procedures
Requirements
- Preferably at least 3-5 years of experience in a KYC analyst role in a Financial Institution, preferable in the corporate banking environment
- A good understanding of money laundering, terrorist financing and sanctions issues, including policies, procedures, sanctions, regulations, industry best practice, developing trends and knowledge of trade finance transactions reviews
- Performing CDD for corporate customers, or in formulating and analysing data analytics models
- Solid knowledge on trade finance products and understand trade-based money laundry typologies
- Handling of internal audit and/or external audit
- Hands on experience in assurance testing