AI Job Assist
Job Seeker Employer
Job Seekers, Welcome to ALUMNI CAREER CENTER
Senior Associate/Associate, Know Your Customer (KYC) Specialist, CDD Review, Institutional Banking Group
DBS Bank Limited
SAVE savedJobs
SAVE savedJobs

Senior Associate/Associate, Know Your Customer (KYC) Specialist, CDD Review, Institutional Banking Group

DBS Bank Limited

Application
The application opened in a new tab.
By using this feature you agree to our Terms and Conditions and Privacy Policy.
Details
Posted:
June 19, 2024
Location:
Singapore, Singapore
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.

Responsibilities

The position is part of the Anti-Money Laundering / Know Your Customer ("AML/KYC") - Customer Onboarding and Review ("CORE") team within the COO Office in IBG. The CORE team is a centralized specialist team established to scale independent, quality and effective management of money laundering / terrorist financing risks during onboarding and Customer Due Diligence ("CDD") reviews.
  • To conduct CDD Account reviews for existing SME Banking Customers
  • To work directly (or through the Relationship Managers) with existing customers for timely completion of reviews.
  • To guide existing customers in providing us with the required KYC information and documents (which include KYC Questionnaires, SoW documents ).
  • To perform KYC Screening, review past transactions, conduct enhanced due diligence and assess the AML/CFT/sanctions risk of prospects and existing customers.
  • To escalate potential risk concerns in a timely manner and make risk calls where appropriate.
  • Provide advisory support to the Business Units with regard to CDD documentation issues and requirements.
  • To mentor junior analysts in the team.
  • To be proactive in identifying opportunities for operational efficiency and AML effectiveness.
  • Participate and contribute in process improvements to drive greater efficiencies.
  • Support team lead in tracking outstanding cases and ensuring timely and appropriate follow-up action.
Requirements
  • Bachelor's degree with at least 3 years of relevant working experience.
  • Good verbal and written communications skills.
  • Open-minded and able to prioritize and multi-task in a dynamic environment.
  • Can-do attitude with strong customer/user-centric mindset.
  • Analytical and problem-solving skills.
  • Ability to work independently and as a team.
  • Strong interpersonal skills and proactively delivering solutions.
  • Strong attention to detail.
  • Strong knowledge of MAS 626 on CDD requirements.
  • Familiar with screening tools (e.g. Dow Jones Factiva, World Check).
  • ICA or ACAMS professional certification is a plus.
Apply Now

We offer a competitive salary and benefits package and the professional advantages of a dynamic environment that supports your development and recognizes your achievements.

Internal Number: 20909338
More Jobs from This Employer
BACK TO TOP
Help is on the way!
We're sorry you are having trouble applying for this job.

Please try loading this job using the following link before submitting your help request: