Compliance Specialist, FCC Surveillance - Name Screening (Manager)

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At Bank of Singapore, we are constantly on the lookout for exceptional individuals to join our team. We promote a culture of openness, teamwork and fairness. Most importantly, we invest in our people through our programmes that develop them on both professional and personal levels. Besides attractive remuneration packages, we offer non-financial benefits and opportunities to develop your potential within OCBC Group’s global network of subsidiaries and offices. If you have passion, drive and the will to succeed, rise to the challenge today!

The job holder will assist the Team Head of Financial Crime Compliance (FCC) Surveillance in ensuring smooth operations of AML Monitoring functions. He/She will be involved in the day-to-day operations of FCC Surveillance – Name Screening including investigations into suspicious transaction arising from Name Screening hits. He/She will also assist the Team Head in consolidating and preparing monthly AML Monitoring reports and statistics for Management Reporting.

Responsibilities

• Ensure timely review of Name Screening alerts arising from Netreveal filtering system
• Conduct investigation into suspicious transactions and/or activities arising from Netreveal alerts or other sources (i.e. Holistic Reviews)
• Correspond with relevant stakeholders to obtain relevant information for the assessment of name screening hits or transaction review
• Assist in the maintenance of transaction surveillance systems and Internal Watchlist.
• Update and maintain the lists of blacklisted and sanctioned names received from local authorities, Head Office and overseas offices;
• Assist in preparation and timely submission of Head Office / Management reports with respect to areas concerning AML Monitoring
• Contribute and maintain KRI (Key Risk Indicators) for FCC Surveillance Team
• Contribute, update and implement AML/CFT related policy and procedures concerning AML Monitoring.

Requirements

• 3-4 years of experience in AML/CFT Compliance, with minimum of 2 years in AML monitoring and specifically name screening
• Candidates with experience in Netreveal system or equivalent platform are preferred.
• Strong analytical skills
• Good interpersonal skills
• Competent with control and risk framework
• A good Team Player
• Bachelor’s Degree
• Candidates with related AML Qualifications such as ICT Diploma in AML and/or ACAMS will have added advantage.