Keep abreast of all developments on AML/CFT compliance and collaborate with the relevant stakeholders to adopt best industry practices
Perform 2nd level assurance checks on the following areas to ensure that customer due diligence reviews have been appropriately completed and documented:
Assessment of name screening hits
Review of customer's transactional activities for suspicious transactions
Enhanced customer due diligence and periodic reviews
Exit Strategy Plans
File Suspicious Transaction Reports to Regulatory Compliance Unit where required
Provide support to any request for information from Regulatory Compliance Unit. Where necessary, to liaise with business units to obtain the required information
Document Division's AML/CFT procedures and communicate key changes to relevant parties for implementation.
Provide advisory support to business units where required
Conduct AML/CFT trainings to CFS staff
Support other ad-hoc duties and projects
Job Requirements
Degree with minimum 2 -3 years of broad based AML/ CFT experience (i.e. transaction monitoring, screening & sanctions, KYC). Possess knowledge of consumer banking products and services as well as regulations governing the consumer banking business and products will be an added advantage
Technical skills:
Good understanding of regulatory requirements relating to money laundering and terrorism financing
Skills required:
Team player and able to analyze issues independently
Good written and oral communication skills and ability to interact effectively with people at different levels
