8 months' Contractor, KYC Control

SMBC first opened its doors for business in Singapore in 1963. The Singapore branch was established as our hub in Asia Pacific outside of Japan in 2008 to support the growth and expansion of our customers in and across the region.

SMBC Singapore provides a comprehensive range of wholesale banking solutions as a full commercial bank in Singapore.

In 2023, we are honored to celebrate 60 years of business excellence in Singapore, the heart of our business in Asia Pacific. We continue to embark on our journey with our stakeholders towards a sustainable future.

This is a third party contract role.

Responsibilities:

• Conducting daily AML assessments of KYC reviews for existing customers, at normal and enhanced due diligence level in line with AML policies and HO memoranda.
• Reviewer for updates to customer information in KYC system.
• Interpreting and analysing KYC data to accurately risk access new and existing clients, making sound judgement calls in terms of escalation and risk mitigation.
• Conducting daily AML assessments of screening alerts in line with AML policies and HO memoranda, and to advice Front Office on issues in these reviews or transactions.
• Liaise with Front Office and Legal & Compliance departments for AML related issues.
• Any other assignments from Dept/Group Head.

Requirements:

• At least Bachelor’s degree
• At least 3 years of experience in KYC Periodic Review as a Checker for Corporate customers
• Able to link diverse information to build a full picture and spot inconsistencies
• Good knowledge of MAS regulation on AML and Sanctions requirements including KYC, Screening
• Good team player within the department and organization
• Good communications skills, hands on, independent and proactive in carrying out investigation on customers and/or transactions.
• Able to work with front office and back office