- North Bridge Road Downtown Core Central Region (Singapore) Singapore
RevUp Consulting Hiring! Full Time AML QA Analyst (Corporate Banking) in Central Region (Singapore), Earn up to SGD 8,000 - Ricebowl
AML QA Analyst (Corporate Banking)
RevUp Consulting
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Job Description
Responsibilities
Our client, a well-established bank is seeking to fill an AML QA Analyst role for their Corporate Banking
Provide AML/KYC advisory and conduct second-level reviews of complex corporate ownership structures, including funds and trusts, as well as related transactions.
Perform independent quality assurance reviews of KYC, CDD and EDD cases across corporate, individual and financial institution clients, ensuring compliance with regulatory and internal policy requirements.
Review account activities and transactions, including trade transactions, to assess customer behaviour and ensure unusual or potentially suspicious activities are properly identified, documented and escalated.
Partner with Front Office stakeholders to resolve case-related queries and promote consistent application of KYC requirements and quality standards.
Manage QA reviews across an assigned portfolio, ensuring accurate and timely completion.
Analyse QA findings to identify recurring deficiencies, root causes, thematic risks and opportunities for control or process improvements.
Maintain complete, accurate and auditable QA records, findings and supporting documentation in accordance with governance and record-retention requirements.
Periodically assess the parameters and thresholds applied within CDD risk-rating, transaction-monitoring and name-screening systems.
Support FATCA and CRS reporting to IRAS.
Assist with the preparation and review of the Enterprise-Wide AML/CFT Risk Assessment.
Review MAS regulations and industry best-practice papers, perform gap analyses, and enhance AML/CFT policies and procedures accordingly.
Monitor new and revised sanctions regulations, assess their impact and support the implementation of required controls.
Deliver AML/CFT training, including induction programmes covering KYC and transaction monitoring.
Prepare monthly and quarterly AML reports for management and Head Office.
Coordinate with IT on system issues, enhancements and other AML-related projects.
Support transaction-monitoring alert reviews, AML investigations, regulatory surveys, audit requests, statistics, AML reporting and the preparation or submission of Suspicious Transaction Reports.
Keep abreast of developments in money laundering, terrorist financing, sanctions, regulatory requirements, criminal typologies and industry practices.
Perform other AML, compliance and process-improvement duties as assigned.
Requirements
Five to seven years of experience in financial services, including at least five years in KYC/CDD reviews involving corporate, trust and fund structures.
Practical experience in transaction monitoring or AML investigations, sanctions compliance and complex case reviews.
Exposure to project management, system implementation or AML technology enhancements.
Degree in Banking, Finance, Law, Accounting, Business, Economics, Computer Science or a related discipline.
Relevant ACAMS or ICA certification.
Sound knowledge of MAS Notice 626, its accompanying guidelines, industry best-practice papers, sanctions requirements and AML/CFT regulations.
Strong analytical and investigative capabilities, with sound risk judgement and attention to detail.
Interested applicants may submit their updated resume via
*************
in strict confidence for consideration.
We also welcome referrals of suitable candidates within your professional network.
Ethel Tan
Consultant, Financial Services
RevUp Consulting
EA Licence No.: 22S1193
EA Registration No.: R2096281
LinkedIn: *************
In today's rapidly changing business environment, organisations need internal core capabilities that can adapt to complex and ambiguous external conditions. RevUp Consulting is founded upon the conviction that the right talents are pivotal to these capabilities.
Our founders have a combined century of experience in the industry and are dedicated to finding, attracting, and nurturing the right people for your organisation. Our teams share this commitment that the right people can Rev Up your business engines. With a vast network of C-suite personnel and mid/senior-level executives across the industries and functions we specialise in, we can partner with you to provide bespoke talent solutions to improve your internal processes, transform your operating model, strengthen governance frameworks, build/transform technology platforms, or drive top-line growth.
At RevUp Consulting, we take a personalised and consultative approach to your talent strategy. We listen carefully to your strategic objectives, organizational culture, and workforce requirements, enabling us to develop highly customised talent mapping, search and attraction, selection, and talent engagement offerings that specifically align with your goals.
As a result, we go far beyond simply providing resumes.
We even go beyond the outcomes usually pursued by a contingency search service – placement numbers – to achieve an outstanding talent retention rate such that they make a real difference to you. Whether you are a start-up, a multinational seeking to establish your presence in new territory, or a company undergoing transformation, we have the expertise to help you succeed in the specialist domains of:
1. Financial Services
2. Medical and Consumer
3. Corporate functions (HR, Finance & Accounting & Legal)
In an uncertain world, we strive to provide certainty in perhaps the most vital element of your business: the quality of the professionals who power it.
Provide AML/KYC advisory and conduct second-level reviews of complex corporate ownership structures, including funds and trusts, as well as related transactions.
Perform independent quality assurance reviews of KYC, CDD and EDD cases across corporate, individual and financial institution clients, ensuring compliance with regulatory and internal policy requirements.
Review account activities and transactions, including trade transactions, to assess customer behaviour and ensure unusual or potentially suspicious activities are properly identified, documented and escalated.
Partner with Front Office stakeholders to resolve case-related queries and promote consistent application of KYC requirements and quality standards.
Manage QA reviews across an assigned portfolio, ensuring accurate and timely completion.
Analyse QA findings to identify recurring deficiencies, root causes, thematic risks and opportunities for control or process improvements.
Maintain complete, accurate and auditable QA records, findings and supporting documentation in accordance with governance and record-retention requirements.
Periodically assess the parameters and thresholds applied within CDD risk-rating, transaction-monitoring and name-screening systems.
Support FATCA and CRS reporting to IRAS.
Assist with the preparation and review of the Enterprise-Wide AML/CFT Risk Assessment.
Review MAS regulations and industry best-practice papers, perform gap analyses, and enhance AML/CFT policies and procedures accordingly.
Monitor new and revised sanctions regulations, assess their impact and support the implementation of required controls.
Deliver AML/CFT training, including induction programmes covering KYC and transaction monitoring.
Prepare monthly and quarterly AML reports for management and Head Office.
Coordinate with IT on system issues, enhancements and other AML-related projects.
Support transaction-monitoring alert reviews, AML investigations, regulatory surveys, audit requests, statistics, AML reporting and the preparation or submission of Suspicious Transaction Reports.
Keep abreast of developments in money laundering, terrorist financing, sanctions, regulatory requirements, criminal typologies and industry practices.
Perform other AML, compliance and process-improvement duties as assigned.
Requirements
Five to seven years of experience in financial services, including at least five years in KYC/CDD reviews involving corporate, trust and fund structures.
Practical experience in transaction monitoring or AML investigations, sanctions compliance and complex case reviews.
Exposure to project management, system implementation or AML technology enhancements.
Degree in Banking, Finance, Law, Accounting, Business, Economics, Computer Science or a related discipline.
Relevant ACAMS or ICA certification.
Sound knowledge of MAS Notice 626, its accompanying guidelines, industry best-practice papers, sanctions requirements and AML/CFT regulations.
Strong analytical and investigative capabilities, with sound risk judgement and attention to detail.
Interested applicants may submit their updated resume via
*************
in strict confidence for consideration.
We also welcome referrals of suitable candidates within your professional network.
Ethel Tan
Consultant, Financial Services
RevUp Consulting
EA Licence No.: 22S1193
EA Registration No.: R2096281
LinkedIn: *************
In today's rapidly changing business environment, organisations need internal core capabilities that can adapt to complex and ambiguous external conditions. RevUp Consulting is founded upon the conviction that the right talents are pivotal to these capabilities.
Our founders have a combined century of experience in the industry and are dedicated to finding, attracting, and nurturing the right people for your organisation. Our teams share this commitment that the right people can Rev Up your business engines. With a vast network of C-suite personnel and mid/senior-level executives across the industries and functions we specialise in, we can partner with you to provide bespoke talent solutions to improve your internal processes, transform your operating model, strengthen governance frameworks, build/transform technology platforms, or drive top-line growth.
At RevUp Consulting, we take a personalised and consultative approach to your talent strategy. We listen carefully to your strategic objectives, organizational culture, and workforce requirements, enabling us to develop highly customised talent mapping, search and attraction, selection, and talent engagement offerings that specifically align with your goals.
As a result, we go far beyond simply providing resumes.
We even go beyond the outcomes usually pursued by a contingency search service – placement numbers – to achieve an outstanding talent retention rate such that they make a real difference to you. Whether you are a start-up, a multinational seeking to establish your presence in new territory, or a company undergoing transformation, we have the expertise to help you succeed in the specialist domains of:
1. Financial Services
2. Medical and Consumer
3. Corporate functions (HR, Finance & Accounting & Legal)
In an uncertain world, we strive to provide certainty in perhaps the most vital element of your business: the quality of the professionals who power it.
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