Compliance AML Risk Mgt Analyst

Role: Compliance AML Risk Mgt Analyst 2 C10
Location: Singapore CHANGI BUSINESS PARK

Role Type: 6 Months (Contract)

The Compliance Anti Money Laundering Risk Management Analyst is an intermediate level role responsible for recommending/establishing internal procedures to prevent money laundering and assist in all matters concerning financial crimes in coordination with the broader AntiMoney Laundering (AML) team. The overall objective is to utilize established disciplinary knowledge to identify inconsistencies in data and formulate strategic recommendations on policies procedures and practices.

Responsibilities:
Identify vet and address potential risks or escalated issues with the assistance of functional partners and key stakeholders.
Utilize information from regulatory changes new regulations and internal policy changes to further identify new key risk areas
Analyze comparative data prepare and present reports related to AML risk assessments and monitor AML related issues and escalation
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 the review/investigation findings and prepare case files with the 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 impact to business
Has the ability to operate with a limited level of direct supervision.
Qualifications:
02 years of relevant experience
Experience and knowledge of AML regulations/laws (such as the Bank Secrecy Act the US Patriot act US Treasury AML guidelines and OFAC requirements)
Experience writing and preparing Suspicious Activity Reports (SARs)
Proficient computer skills with a focus on Microsoft Office applications
Consistently demonstrates clear and concise written and verbal communication
Education:
Bachelors Degree/University degree or equivalent experience