Senior APAC Due Diligence Officer

Your role :

Are you detail oriented with strong research capability? Do you have a strong sense of when things are not as they seem?

We’re looking for an AML due diligence officer to:

• cover initial and ongoing due diligence of mainly Indian resident and non-resident clients

• perform and report on AML controls of new and existing private banking clients, as well as any other ad-hoc reviews through both manual and electronic means

• provide advice regarding due diligence, KYC standards, internal policies and local regulations

• prepare for and provide follow-up for regulatory inspection and audits

• review and identify changes in AML regulations, assessing potential impact on existing policies/procedures and implementing changes to ensure compliance

• keep on top of regulatory developments in the prevention of money laundering and terrorist financing activities

• carry out AML related investigations and report suspicious transactions to the local authorities

Your team :

You’ll be working in the Compliance & Operational Risk Control, Global Wealth Management Due Diligence Office & Politically Exposed Persons APAC (C&ORC GWM DDO & PEP) team in Singapore. We are comprised of both Due Diligence Officers (DDO) and our Periodic Know Your Client teams. We work as a gatekeeper in preventing money laundering, corruption and the financing of terrorism (AML/CFT). As an AML due diligence officer, you’ll play an important role in reviewing and approving new account openings.

Your expertise :

• bachelor’s/master’s degree or equivalent in banking or a related field

• ideally 6 years of previous relevant experience in private banking due diligence, compliance, controls or audit

• previous work pertaining to wealth management onboarding of Indian clients

• thorough understanding of India, Indian business culture and related potential risks of wealth management clients

• sound practical knowledge of the relevant AML/CFT laws and guidelines in Singapore

• adaptable and organized with a positive can-do attitude

• clear and effective communicator, for report-write ups and providing advice