Job Description

:Key Responsibilities:

• Perform checks on CDD alerts across all BUs for closure or assignment to BUs for further assessment.
• Create Manual CDD alerts arising from factors that are tracked outside the AML system.
• Perform checks for CDD related risk change requests from BU.
• Ensure all CDD request emails are addressed.
• Perform checks on daily WLM alerts (Name Screening) and ensure proper disposal of alerts.
• Upload relevant Lists in the AML system for CDD-risk scoring and for Name Screening.
• Undertake watchlist maintenance, including the upload and/ or remove entries in the SG Compliance List (aka the Blacklist).
• Perform QA on WLM alerts to validate that closure of alerts is correct and in accordance with local regulatory standards and the Bank\'s internal guidelines. A sound understanding of local regulatory requirements (MAS Notice 626 and Guidelines) is required.
• Manage WLM and CDD alerts by maintaining oversight over the process workflows as well as monitoring actual and projected volumes to ensure that the number of alerts are effectively managed.
• Critically review and propose initiatives to simplify and streamline existing CDD/ WLM processes and workflows, as appropriate.
• Engage relevant stakeholders and drive change management to increase the efficiency and effectiveness of CDD/ WLM processes.
• Support the design and deployment of robotics as the Bank strives towards automation of operational processes to increase productivity.
• Maintenance of policies, procedures and guidelines pertaining to WLM/ CDD alerts.
• Conduct training to BUs and new joiners on WLM and CDD alerts.

Ad hoc duties

• Support client database searches for regulatory name search requests, as required by the Head of FCC
• Perform adhoc tasks, as assigned by Head of FCA and or the Head of FCC.

KEY REQUIREMENTS:

• Bachelor\'s degree in Business, Banking & Finance, or related fields
• Min. 3 years of relevant banking compliance experience
• Meticulous and detail oriented, analytical with problem-solving ability
• Good spoken and written communication skills
• Ability to work in a team.
• Able to independently manage volume-based work (i.e. the alerts assigned to be reviewed and disposed timely).

About Us: With operations that span 15 different markets across the region, the opportunity to expand your experience, test your capabilities, and exhibit your resilience is ample. #teamCIMB is always keen to welcome the ones who are ready to make that very special difference - for themselves and the bank.

CIMB