Analyst, Customer Due Diligence

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JOB SUMMARY

• To perform customer CDD on new and existing customers of Corporate Banking Division
• To recommend and implement mitigation measures and undertaken projects to enhance compliance standards.

JOB RESPONSIBILITIES

• Performs customer due diligence (CDD) for new and existing customers.
• Assists to develop and maintain customer risk profiling as per Bank’s Risk Based Approach (RBA) policy.
• Assist in developing CDD procedural manual or guidelines.
• Liaise with other business units as part of the CDD process.
• Recommends acceptance or termination of customers during customer’s lifecycle under Bank’s AML/CFT framework.
• Act as a subject matter expert on AMLCFT and provide guidance to staff on AMLCFT cases.
• Performs periodic customer reviews based on the Bank’s RBA policy.
• Assist in developing and maintaining centralized CDD documentation depository.
• Ensure proper record-keeping of CDD data.
• Assists in developing, executing and monitoring compliance training programme.
• Undertake projects to enhance compliance standards.
• Assists in prepare reports, memos on compliance matter to management.
• Identifying potential weaknesses in current processes.
• Stay updated on money laundering and terrorist financing behaviors, issues, policies, regulations, typologies, industry best practices and developing trends.
• Assist in detecting or look out for unusual transactions to see if there is anything suspicious about them. Subsequently to raised Suspicious Transaction Report (STR).
• Keep confidential all reporting of suspicious transactions or matters relating to suspicious transactions and conduct any investigation discreetly. No warning or tipping off must be given to customers or clients;
• Other duties assigned as required from supervisor. JOB REQUIREMENTS Education & Certification Bachelor’s Degree in Finance, Banking, Business, Accounting, Law, or a related discipline Professional certification in AML/CFT, Compliance, or Risk Management (e.g. CAMS, ICA, or equivalent) will be an added advantage Experience Minimum 2–5 years of relevant experience in AML/CFT, Compliance, CDD, KYC, or Risk Management , preferably within Corporate Banking or Financial Institutions Hands-on experience in performing customer due diligence (CDD) for corporate and institutional clients Experience in risk profiling, periodic reviews , and customer lifecycle management under a Risk-Based Approach (RBA) framework Exposure to STR filing, transaction monitoring, and investigation of unusual or suspicious activities