Job Description

Commodities, Oil and Energy
06 December 2022

Offered Salary

Commensurate with relevant experience

Experience

2 - 4 years

Qualifications

Bachelor\xe2\x80\x99s degree in Business, Finance, Accounting or equivalent

Location

Central, Singapore

SUMMARY

Part of the Credit team, you will be responsible for Client Due Diligence (CDD) and Know Your Client (KYC) procedures across the company\xe2\x80\x99s trading portfolio of counterparties.

THE ROLE

Conduct CDD and KYC screening; assess and analyse new and existing counterparties in accordance with the company\xe2\x80\x99s KYC policy (e.g. perform adverse news, sanction, PEP, directorship, ownership identification, screening & monitoring);
Provide KYC risk assessments, recommendations of action and enforcing decisions made and remediations decided by the appropriate internal authorities;
Document information to create and maintain appropriate audit trails in accordance with the company\xe2\x80\x99s KYC policy and data privacy requirements;
Work with Front Office and counterparties to obtain necessary information and documents to enable the KYC and CDD process;
Work closely with credit, legal & compliance, finance and internal control team
Drive continuous improvement to and efficiency of the KYC processes, contributing to the development of new policies, practices and systems;
Monitor developments of regulatory requirements relevant to the company and translating them into the company\xe2\x80\x99s policy and processes to ensure the company\xe2\x80\x99s compliance with the latest and robust KYC and CDD regulations and practices

REQUIREMENTS

Bachelor\xe2\x80\x99s degree in Business, Finance, Accounting or equivalent professional qualifications (e.g. ACAMS or ICA) required;
Minimum 2-4 years\xe2\x80\x99 experience in a CDD or KYC analyst position in commodities trading sector or financial institution (for commodities sector);
Experience with KYC and AML monitoring and screening tools (e.g. World Check, Dun & Bradstreet, Orbis Moody\xe2\x80\x99s, Lloyds Seasearcher etc.) is a plus.

Your profile will not be disclosed to any client without your permission. We regret that only shortlisted candidates will be notified.