Job Description

The position is part of the Anti-Money Laundering / Know Your Customer (AML/KYC) - Customer Onboarding and Review (CORE) team within the COO Office in IBG. The CORE team is a centralized specialist team established to scale independent, quality and effective management of money laundering / terrorist financing risks during onboarding and Customer Due Diligence (CDD) reviews.Responsibilities:

• To conduct CDD for New-to-Bank prospect onboarding and existing customers reviews
• To work directly (or through the Relationship Managers) with prospects and existing customers for timely onboarding and prompt completion of reviews
• To guide prospects and existing customers in providing us with the required KYC information and documents (which include account opening forms, KYC Questionnaires, Risk Assessment forms)
• To perform KYC Screening, review past transactions, conduct enhanced due diligence, and assess the AML / CFT / sanctions risk of prospects and existing customers.
• To escalate potential risk concerns in a timely manner and make risk calls where appropriate.
• To be proactive in identifying opportunities for operational efficiency and AML effectiveness and suggest viable solutions.
• To actively engage and work with relevant Projects / Initiatives stakeholders for stronger partnership, including providing segment-specific feedback during user requirement gathering, solution design, including user interface / user experience and represent designated team in user acceptance testing, where applicable.
• To work with SG CORE Team Leads to identify respective representatives, where necessary.
• To liaise with designated SG CORE SOP Specialist to develop new SOP in conjunction with Projects / Initiatives roll-out.

• A degree holder with minimum 5 years of AML / KYC experience, preferably in onboarding and review of corporate customers in the banking industry
• Good verbal and written communications skills
• Sensitive to operational and financial crime risks
• Ability to multitask and manage a high number of priorities in a fast-paced environment
• Ability to work with stakeholders across different functions
• Ability to be client-centric while balancing risk and controls
• Ability and has interest in process / workflow improvements
• ACAMS or ICA professional certification is a plus

DBS Bank