AML Transaction Monitoring and Investigation Manager
RHB Bank
- Singapore
- Permanent
- Full-time
- Ensure compliance with Singapore and HQ regulators' AML/CFT requirements by: carrying out AML/CFT transaction monitoring and investigate alerts in a timely manner and resolve or escalate the alerts.
- To conduct AML investigations on suspicious transaction activities and to engage relevant stakeholders in obtaining required information ensuring proper documentation are in place.
- Be the key liaison officer for the handling of Production Orders issued by the authorities.
- Ensure proper documentation on the handling of alerts
- File suspicious transaction reports, if necessary, to the relevant authorities within the stipulated timeline
- Conduct further investigations, if necessary, by engaging relevant stakeholders to obtain the required information to ensure proper closure
- To close the alerts promptly and maintain proper documentation on the rationale of the closure
- To assist team lead in carrying out any necessary reporting to management as well as other stakeholders
- To file STRs to the relevant authorities and attend to any follow-up requests from the relevant authorities to ensure proper handling and closure
- To maintain the register of STRs filed/not filed
- Work with other AML members to maintain the AML/CFT transaction monitoring system and conduct testing when required
- Perform any task or participate in projects as required by the Team Lead or Head of Department
- Work closely, and support other teams within the Compliance space
- Diploma in Business, Accounting, Banking, Finance, Economics or other related disciplines.
- Preferably with minimum 3 years experience in AML Compliance in related industry
- Able to exercise sound judgment and possess critical thinking skills
- Possess good writing and articulation skills
- Self-driven and meticulous