Job Objective: The Virtual Account (VA) Screening Team is responsible for conducting the Name Screening function as well as the Static Data Point Quality Assurance sampling to support the on-boarding and on-going monitoring of Virtual Account Customers in accordance with the internal policies and guidelines.
Principal Responsibilities: - Conduct daily name screening on Virtual Account customers through collaboration of stakeholders (i.e. Relationship Manager, FCSS advisory, GTS etc.)
- Perform static data point quality assurance sample check on both newly on-boarded and existing Virtual Account customers
- Compile MIS statistics and commentary for reporting to Committees
- Maintain high standard of excellence in handling queries in relations to virtual account name screening
- Keep abreast of local and global AML/CFT developments that impact the name screening process
- Assist in policy implementation and conducting gap analysis to the revisions to local and Group guide on Name Screening Alerts Management
- Assist to perform annual review on the VA Screening Operating Manual
Key Accountabilities: - Provide support to IBG and GTS to ensure compliance with local and Group guide on Name Screening Alerts Management for VA customers
- Complete the Name Screening cases assigned within the designated timeframe at a highly efficient and vigilant manners
- Assist in ad-hoc assignments relating to VA Name Screening (e.g. UAT)
- Assist to recommend process and system improvement without compromising the required controls
Relevant Experience: - Minimum 5 years' relevant experience in banking industry (Candidate with less experience will be considered for the post of Analyst)
Functional / Technical Competencies: - Attentive to details, diligent and proactive with growth mindset
- Compliant and risk control oriented
- Good analytical / problem solving skills
- Good communication and interpersonal skills
- Team player with strong sense of ownership
- Knowledge of AML regulatory requirement, banking operations and financial product
- Proficiency in the use of MS office including Excel and PowerPoint
Education and Professional Qualification: - Bachelor degree or with equivalent KYC related working experience within the financial service industry