Job Description

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Key Responsibilities:

\xc2\xb7 Review enhanced customer due diligence (\xe2\x80\x9cEDD\xe2\x80\x9d) undertaken for onboarding, periodic and event trigger reviews

\xc2\xb7 Coordinate anti-money laundering training / induction training

\xc2\xb7 Review of compliance reporting submissions by the business units

\xc2\xb7 Review processes in business units to comply with internal policies and procedures

\xc2\xb7 Independent review of marketing and training materials by Consumer and Private Banking Singapore

\xc2\xb7 Review of compliance self testing matrices for Consumer and Private Banking Singapore

\xc2\xb7 Check and approve suspicious transactions reports (\xe2\x80\x9cSTRs\xe2\x80\x9d) to be submitted to Suspicious Transaction Reporting Office (\xe2\x80\x9cSTRO\xe2\x80\x9d) and draft responses for follow-up queries from the MAS and law enforcement agencies

\xc2\xb7 Periodic/on-boarding/event triggered EDD review is being performed and in line with MAS Notice 626 and the Guidelines, as well as prevailing regulatory requirements

\xc2\xb7 Ensure receipt and timely filing of STRs to STRO

\xc2\xb7 Marketing and training material reviews to be assessed in a timely manner

\xc2\xb7 Compliance Self Testing Matrix review to be performed on quarterly and annual basis

Requirements:

• Degree Holder
• 5-10 years of experience in the Compliance field
• Certification from the Association of Certified Anti-Money Laundering Specialists will be an advantage
• Understanding of applicable laws, rules and standards and their practical impact on the retail and private banking operations
• Good interpersonal and written communication skills, and a team player
• A person who has initiative and is able to work independently

CIMB