Compliance Anti Money Laundering Risk Management Analyst

Job Title: Compliance Anti Money Laundering Risk Management Analyst

Duration: 3 months

Location: 3 CBP Singapore

Headcount: 2

Monthly Salary: S$

Role Overview:

The Compliance Anti Money Laundering Risk Management Analyst at an intermediate level plays a crucial role in recommending and establishing internal procedures to prevent money laundering while assisting in financial crime matters in coordination with the broader AntiMoney Laundering (AML) team. The incumbent utilizes disciplinary knowledge to identify inconsistencies in data and formulates strategic recommendations on policies procedures and practices.

Responsibilities:

• Identify vet and address potential risks or escalated issues with assistance from functional partners and key stakeholders.
• Utilize information from regulatory changes new regulations and internal policy changes to identify new key risk areas.
• Analyze comparative data prepare and present reports related to AML risk assessments and monitor AMLrelated issues and escalations.
• Conduct investigations and research on potentially suspicious clients using various internal and external systems and databases.
• Conduct Cross Sector reviews among multiple business lines.
• Document and report review/investigation findings and prepare case files with required supporting documentation.
• Summarize in writing clear and concise findings of the investigation.
• Advise senior management on next steps and provide recommendations on the next course of action (relationship retention termination Suspicious Activity Report (SAR)).
• Manage risk by analyzing the root cause of issues and their impact on business.
• Operate with a limited level of direct supervision.

Qualifications:

• 02 years of relevant experience.
• Experience and knowledge of AML regulations/laws (e.g. Bank Secrecy Act US Patriot Act US Treasury AML guidelines OFAC requirements).
• Experience writing and preparing Suspicious Activity Reports (SARs).
• Proficient computer skills particularly with Microsoft Office applications.
• Consistently demonstrates clear and concise written and verbal communication.

Education:

Bachelors Degree/University degree or equivalent experience.