Job description

Job Description

Purpose

We are looking for passionate and inquisitive individuals to join our Business Risk Control and Management Advisory (“BRCM”) team in Group Wholesale Banking’s Anti-Financial Crime Controls (AFC Controls).  As business risk control and management advisory specialist, you will assume responsibilities to provide advisories on investigations triggers in a timely manner.

Responsibilities

• Conduct reviews and provide advisory on corporate fraud and financial crime risks in accordance with legal, regulatory, and internal policies.
• Review investigation memos to balance risk identified with mitigation control measures.
• Liaise with internal stakeholders (e.g., Investigators, Relationship Managers, Business Units) to obtain clarification on corporate fraud and financial crime risks.
• Post review to document advice and provide inputs on appropriate account strategy to mitigate fraud and financial crime risks identified.
• Support Business Units to respond to fraud and financial crime related issues and queries from both internal and external stakeholders (including the authorities and correspondent banks).
• Ensure timely reporting and escalation of significant risk issues to management.
• Maintain register to track team’s performance.
• Appraise management on statistics and cases of interest.
• Actively engage/participate in project work and liaise with relevant stakeholders (e.g., Compliance, system vendors, IT) for future system developments.
• Perform user acceptance testing (UAT) on the Bank’s systems where applicable.

Job Requirements

The ideal candidate should possess the following qualities:

• Graduate Degree from a recognized university (preferably Accountancy, Banking, Economics or Law) or relevant professional qualification in financial services or audit.
• At least 5 years working experience in corporate financial crime advisory within the Banking Industry.
• Strong risk culture mindset and attention to details.
• Deep understanding of business practices for SMEs, large corporations and financial institutions.
• Strong knowledge of sanctions, tax evasion, misuse of legal persons, trade-based money laundering red flags and regulation.
• Able to implement Banks compliance of MAS 626 Notice.
• Team player with strong inter-personal and communication skills and ability to network, engage and influence business stakeholders independently.
• Excellent written report skills and skilled in MS office suites.

Additional Requirements