Analyst / Associate, Know Your Customer, SME CORE Team, Institutional Banking Group COO Office

Company : Dbs Bank Limited

Job Description - Analyst / Associate, Know Your Customer, SME CORE Team, Institutional Banking Group COO Office

The position is part of the Anti-Money Laundering / Know Your Customer ("AML/KYC") - Customer Onboarding and Review ("CORE") team within IBG COO Office. The CORE Team is a centralized specialist team established to scale independent, quality and effective management of money laundering, terrorist financing & sanctions risks during onboarding & Customer Due Diligence ("CDD") reviews.

Job Description:

Perform KYC Screening, conduct Enhanced Due Diligence & assess the AML / CFT / Sanctions risk of prospects.
Perform standalone name screening for various modules eg. Change of mandate, Update related party, Trade information screening etc.
Perform ad-hoc screening request utilizing tools such as ODA / EWSS-Lite.
Perform Risk Assessment, escalate potential risk concerns in a timely manner.
Perform Corporate Service Provider (CSP) Pre-Clearance and Renewal screenings.
Perform CDD for New-to-Bank SME prospects during the Onboarding & Account Opening process.
Work with Relationship Managers for timely screening assessment.
Work directly (or through the Relationship Managers) with prospects for timely onboarding.
Identify opportunities for operational efficiency & AML effectiveness.
Assist with ad-hoc tasks / initiatives (e.g. participate in User Acceptance Testing (UAT) & support Remediation exercise where required).

Requirements:

Minimum of a Bachelor's degree.
Minimum 2 years of relevant experience in AML/KYC specifically with Screening and/or Corporate Customer Onboarding & Account Opening within the banking industry.
AML, CFT & Sanctions-related knowledge is a pre-requisite with understanding of KYC requirements (such as MAS Notice 626).
Proficient in Name Screening & Materiality Assessment (Adverse News Media, Politically Exposed Persons, Sanctions etc).
Possess knowledge in conducting / assessing Source of Wealth (SOW) Establishment & Corroboration for Individuals & non-Individuals.
Strong verbal & written communication skills.
Ability to be client-centric, collaborate effectively with internal stakeholders to improve Onboarding Journey while balancing risk & controls.
Ability to adapt quickly to new processes, regulatory changes, and evolving business needs.
Detailed-oriented, organised & able to prioritise tasks effectively in a fast-changing environment.
Possess inquisitive mind towards process / workflow improvement & experimentation.
ACAMS professional certification is a plus.
Intermediate to Advanced proficiency in Microsoft tools (eg. Word & Excel) is a plus.

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Analyst / Associate, Know Your Customer, SME CORE Team, Institutional Banking Group COO Office

Job Description - Analyst / Associate, Know Your Customer, SME CORE Team, Institutional Banking Group COO Office

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