AVP, AML KYC CDD

Responsibilities

• Perform preliminary due diligence checks for deal teams for new potential deals.
• Engage in discussions with deal teams to understand and help to troubleshoot on issues that may arise during the document procurement process. 
• Drawing up ownership structures, transaction structures and funds flow structures from documents provided by clients.
• Review and ensure documents collected for KYCs are complete and properly certified in accordance with regulatory and internal requirements.
• Perform various due diligence checks on clients on external and internal platforms and databases.
• In addition to providing adequate mitigations and thorough risk assessments, ensure accurate data inputs on eKYC and conduct independent validation on documents provided by clients.
• Raise exceptional handling memos where required. Conduct risk assessments to address on trigger events and/or adverse news (among others) as well as memos for existing clients applying for new facilities.
• Raise preliminary assessment memo for deferred completion of KYC for advisory transactions.
• Conduct annual KYC reviews/ trigger reviews within stipulated due dates and with minimal reworks.
• Review daily AML alerts escalated to the department and ensure prompt and timely closure of alerts.
• Provide support on other AML/ KYC related matters as may be required for any other reports/ projects/duties as well.

Requirements

• Bachelor’s Degree with experience in corporate/ project finance KYCs preferred.

• Certifications in AML would be an added advantage. 

• Familiar with regulatory requirements pertaining to KYC/ AML eg MAS Notice 626.

• Meticulous, proactive, organized and motivated. 

• Team player who is able to multi-task and prioritize work.

• Possess good interpersonal skills and communicate effectively with internal and possibly external customers. 

• Proficient in Microsoft Office applications and internet search tools.