Hiring Entity : Finova Singapore Pte. Ltd.
Position : Customer Due Diligence (“CDD”) Specialist (Assistant Manager / Senior Executive)
Job Description
This is a newly recreated role that will be responsible for the Corporate Services Providers (“CSP”) business’ anti-money laundering (“AML”)
operational matters, which include client onboarding and conducting periodic Know-Your-Customer (“PKR”) reviews. The successful job candidate
will have a dual reporting line to the Group Compliance Director and CSP Business Head, with ultimate oversight from the CEO.
Job Responsibilities
- Working with the relevant business stakeholders and preparing client onboarding documents for Compliance and/or Senior Management approval.
- Conducting periodic Know-Your-Customer reviews (“PKR”) (with inputs from the relevant business stakeholders) before obtaining the necessary Compliance and/or Senior Management approval.
- Working independently with the relevant business stakeholders to resolve any CDD or AML operational matters.
- Following up on key risk metrics for risk management and governance purposes (for e.g. pending/expiring CDD items, upcoming PKRs, screening alerts and STR escalation).
- Maintaining proper CDD and client records for the CSP business.
- Assisting with other ad hoc duties for the Compliance and CSP business functions.
Job Requirements
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Qualifications:
- Bachelor’s degree in Business, Finance, Accounting or Law preferred.
- Other qualifications such as (i) Certified Anti-Money Laundering Specialist (“CAMS”) certification; or (ii) Compliance certification from Institute of Banking and Finance (“IBF”) or Wealth Management Institute (“WMI”) will be useful.
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Work Experience:
- At least 3 – 5 years of relevant experience in Compliance function.
- Candidates with strong prior experience in law, tax/audit, regulatory supervision or corporate services will also be considered.
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Requisite Knowledge:
- Strong understanding of AML/CFT regulatory requirements, money laundering/terrorist financing (“ML/TF”) risk typologies, risk mitigating controls and CDD requirements is important for this role.
- Knowledge of Accounting and Corporate Regulatory Authority (“ACRA”) legislation (especially on Corporate Service Providers) will be useful.
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Personal Qualities
Self-motivated individual who is:
- Able to write well and communicate effectively at different working levels;
- Able to manage deadlines/priorities sensibly;
- Detail oriented and meticulous in follow ups;
- Work independently with minimal supervision (when required); and
- Collaborate well with other team members /stakeholders.
Send in your CV to
hr@finova.com.sg