CDD Analyst (1-Year Contract) - #1092290

[This role is based in Singapore, on one-year contract]

The CDD Business Advisory and Support (CDD-BAS) unit supports the Corporate & Institutional Banking (C&IB) and Wealth Management (WM) businesses on Client Due Diligence (CDD) related matters including:

• CDD documentation preparation required for client onboarding and periodic reviews
• Liaising with Business and Compliance units to address any gaps in the CDD reviews
• Monitoring of client accounts (including onboarding conditions, adverse news, documentation validity) and initiate trigger reviews
• Conduct AML/CFT related in-house surveillance reviews along with Business and Compliance
• Preparation of MIS (e.g. CDD statistics report)
• Initiation and implementation of process improvement and digital transformation projects to streamline current process for better efficiency.

CDD Analyst will work with Relationship Managers (RM) to:

• Obtain mandatory CDD documents from clients in the C&IB Business including Financial Institutions
• Perform name screenings on client and all relevant related parties via Factiva and OWC (World Check)
• Prepare CDD review pack (including CDD write up / assessment)
• Ensure that documents submitted for onboarding / periodic reviews / trigger reviews are in line with Bank’s requirements
• Assist in managing Customer Account Review Committee (CARC) meetings including drafting of agenda and Minutes after each meeting.

Key Results

Oversee CDD Documentation

Preparation and Client Monitoring

Performance Measures

• Timeliness: Turnaround Time (TAT)
• Accuracy
• Achievement agaisnt standards
• Customer experience is positive

Main Tasks

• Perform name screenings activities
• Liaising with clients to obtain all required CDD documents
• Prepare CDD review pack (including CDD write up / assessment)
• Responsible for e-filing documents in relevant CDD depository
• Ensuring all documents are complete and gaps adequately addressed prior submission for approval

Job Requirements

Education

• The incumbent to have a poly or degree education as minimum
• Professional certifications in Compliance, AML such as CAMS

Experiences

• The incumbent to have at least 2 - 3 years of banking industry experience in KYC / CDD or client onboarding (Audit, Risk, AML may also be areas of experience) in relation to Corporate Institutions and Financial Institutions CDD.
• Basic knowledge of CDD / Compliance / AML procedures and standards.
• Good understanding of MAS regulations and guidelines relating to Anti Money Laundering (AML) and Counter Financing of Terrorism (CFT)

Knowledge & Skills (Technical)

• Meticulous and detail oriented
• Problem identification and solving skills
• Good time management skills and adherence to deadlines
• Good verbal and written communication skills

Behavioural Competencies (Thinking, People & Self-Related)

• Demonstrate ownership of assigned tasks
• Motivated and confident
• Self-starter and independent
• Collaborative and Team player
• Adaptable to fast changing environment