Senior Specialist, AML (Anti Money Laundering)

• Support MLRO in developing, implementing, and maintaining KYC policies, procedures and industry best practices in line with MAS regulations

Review of CDD/EDD

• Review and monitor high-risk client onboarding and periodic reviews to ensure proper customer due diligence, enhanced due diligence and source of wealth corroboration
• Provide guidance to junior AML officers in the assessment of high-risk accounts during onboarding and periodic reviews
• Assess whether past transactional activities are consistent with the customer’s profile during periodic review and identify suspicious transactions for escalation for STR reporting
• Perform PEP risk assessment of high-risk accounts and prescribe mitigating control measures on high-risk accounts
• Review trigger events during client life-cycle and ensure that any high-risk factors had been identified and assessed during customer due diligence

Assist HOA w...