Business Compliance - Service Manager (Reviewer)

Business Compliance - Service Manager (Reviewer)

The incumbent is required to review and carry out surveillance work on Corporate accounts to manage the risks pertaining to anti-money laundering, counter-terrorism financing or economic and trade sanctions.

The Service Manager is expected to be accurate, thorough and detailed in his/her analysis of account transactions. When there is a transaction or event that poses a risk to the bank (whether reputational or potential breach of law, sanction of regulation) he/she is expected to identify the risk and recommend/take remedial action to mitigate the risk. He/she is required to complete the reviews in a timely manner before stipulated deadline.

The job scope of the Service Manager (Reviewer) includes:
  • Perform annual review of high risk customers
  • Review of the hits generated by monthly customer screening
  • Work with Compliance on the accounts triggered by monitoring surveillance system
  • Provide advice on regulatory issues relating to AML
  • Conduct due diligence checks on client prior to proceeding with client requests
  • Perform transaction monitoring and sanctions review
  • Perform investigation in relation to suspicious transactions
  • Interface with relevant units and the business in regards to compliance reviews, investigation, as well as other ad-hoc projects
  • Work closely with business users and project team members on problem resolution, project initiation, implementation and post implementation support
  • Contribute to developing and ensuring a compliant culture within the business users
  • Assist with regular senior management reporting
*LI-SS

Qualifications
  • Degree holder or above with at least 3 to 5 years of relevant experience, preference bank account opening, client on-boarding and client data management experiences
  • Knowledge of local regulatory guidelines, KYC/AML guidelines and good awareness of bank controls and operations risk
  • Knowledge the use of World check / Factiva
  • Proficiency in MS office applications
  • Excellent analytical, written interpersonal, communication and written skills
  • Detail oriented with the ability to multi-task