Job Description

Business Function:

Corporate and Investment Banking provides corporate customers with a full range of commercial banking products and services, including cash management services, current accounts, time deposits, trade finance, working capital finance, term loans and foreign exchange. Through our continued commitment, DBS has cultivated long-standing relationships with its customers in the region that are based on account relationship management, service differentiation, product development and rigorous credit standards.

Job Purpose:

The role is part of the AML/ KYC team within the Group COO Office in the Institutional Banking Group. You will lead a team of analysts in driving data and analysis-related tasks to manage both ML/TF risks as well as improve IBG controls and processes through data insights and analytical trends.

Responsibilities:

• Transform the way Customer Onboarding and CDD Reviews are carried out by re-designing and automating the processes for Corporate customers
• Work with stakeholders from Compliance, Technology and Operations as well as Digital Enablement to drive change, reap efficiency and effectiveness gains without compromising on the risk
• Assess and incorporate where applicable Artificial Intelligence, Machine Learning, ChatGPT and emerging technologies to automate, optimise and enable Customer Onboarding and CDD Reviews to higher quality levels
• Provide updates to management and ensure proper tracking / documentation of all change management initiatives associated with the Journey
• Interface with other Journeys focusing on Customer Onboarding, CDD Reviews and Request For Information (RFIs) where necessary, to ensure seamless process and Data Driven Operating Model (DDOM) handling for oversight and tracking purposes
• Collaborate with stakeholders on name screening related initiatives and provide business requirements to enhance design, functionality and user experience pertaining to screening platforms
• Manage, guide and steer a team of System and Process Change Specialists driving the above Change-the-Bank activities
• Drive strategic initiatives by identifying any risks associated within the processes and develop risk mitigation procedures to align with regulatory and internal requirements
• Discover opportunities/challenges to enhance employee journeys for large corporates, financial institutions as well as small and medium sized enterprise (SME) customers
• Collaborate with stakeholders across functions and locations to define and deliver solutions

• A Bachelor Degree in a quantitative discipline - Computer Science, Engineering, Technology, Mathematics etc.
• ACAMS qualification is a plus
• 10 - 12 years of relevant institutional banking experience in financial crime risk management and/or data analytics/modeling (preferably in the banking industry), with relevant knowledge of prevailing AML/KYC regulations.
• Quantitative mind-set, with a desire to work in a data-intensive environment and able to understand and organize large data sets.
• Knowledge of financial crime risks, money laundering and sanctions
• Ability to be client centric while balancing risk and controls
• Able to manage a diverse group of internal stakeholders to drive discussions and achieve balance between operational efficiency and risk management effectiveness.
• Project management experience relating to onboarding, periodic and trigger review policy, procedures and processes

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