Job description

Job Description

Purpose

We are looking for a passionate and inquisitive individual to join our Financial Crime Investigations Team (“the Team”) in Group Wholesale Banking’s Anti-Financial Crime Controls. As an investigation specialist, you will assume responsibilities to conduct comprehensive reviews on corporate customers establish if they pose any financial crime risks to Bank.

Responsibilities

• Conduct investigation / reviews on corporate entities for financial crime risks in accordance with legal, regulatory, and internal policies.
• Review account / transactions to establish any red flags on financial crime risks.
• Independently liaise with internal stakeholders (e.g. Relationship Managers and Business Units) and Bank’s customers to obtain clarification and corroboration on account / transactions.
• Compile and document case review findings and recommendations on appropriate account strategy to mitigate financial crime risks identified.
• Support Business Units to respond to 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.
• Appraise management on investigations statistics and cases of interest.
• Actively participate in project work and IT initiatives (including actively participating in user acceptance testing) which relate to investigations to support BUs.

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 8 years working experience in investigations and/or audit in Banks
• Strong investigative mindset and attention to details.
• Firm understanding of how Banks comply to MAS 626 Notice.
• Strong knowledge in business practices for SMEs, large corporations and financial institutions.
• In depth knowledge of financial crime red flags (including sanctions, tax evasion, misuse of legal persons, trade-based money laundering) and regulation.
• Familiar with various types of trade documents and INCOTERMS used in business.
• Experienced in managing a small team and mentoring staff.
• 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