Team Lead, Customer Due Diligence

Job Description:

• Review existing clients AML risk and Industry sector, client information and other risk relevant factors.
• Be competent and familiar with all AML KYC/CDD policies and guidelines and manage CDD in compliance with the guidelines and policies as well as regulations.
• Perform Gap analysis on relevant AML KYC/CDD policies and regulations.
• Ensure customer Due Diligence on existing client's Periodic Review/Trigger Review captured in bank system, analysis of accounts and review client information.
• Validate the information within KYC records to ensure completion and accuracy.
• Appropriately assess customer risk rating when business decisions are made, demonstrating consideration for the firm's reputation and safeguarding DBS group
• Assist team in carrying out projects.
• Review negative media from client screening, and escalate where necessary.
• Assist Team head to manage the team on achieving the productivity Goals.
• Able to work effectively with other members of COO Office and ensure that all issues identified are appropriately escalated to management.

Qualification

Knowledge /Skills

Strong English written and oral communication skills and problem-solving skills

Relevant experience with similar responsibilities in a high volume, fast-paced environment and industry systems and platforms

Relevant five years (above) work experience and understanding of AML KYC regulations

Understanding of the inter-dependencies of roles within a CDD process and requirements for KYC Record successful completion across relevant client types

Proficient Microsoft Office user (i.e. Excel, PowerPoint) and project skill, and ability to perform moderately complex queries.

Be able to work under pressure.

People management experience is preferred.

Strong PC skill is required.

Education / Preferred Qualifications

Bachelor's degree/University degree or equivalent experience

Proficiency Test for Bank Internal Control and Audit

CPP,CPI,CFE or CAMS preferred

Working experience

5 years and above experiences in Banking Financial Industry field.

Basic knowledge of Banking, Credit Card, PL, ML, AL Products and Transactions

Basic knowledge of Regulatory requirement for AML and Sanctions.