Job Description

Ongoing Due Diligence (ODD) Singapore (SG)

1. ODD plays a crucial role in identifying and mitigating AML risks, contributing to the overall compliance and risk management efforts of the organisation.
2. Perform the the transited roles based in Malaysia, including and not limited to:
3. Performing in-depth investigations into client profiles, transactions and activities to identify potential AML risks.
4. Analysing complex ownership structures and beneficial ownership information.
5. Compiling and capturing comprehensive documentation of ODD activities, ensuring accuracy and compliance with internal and regulatory requirements.
6. Ensure all activities align with AML regulations, internal policies, and industry best practices.
7. Uphold the quality of analysts’ work. Rectify any potential deficiencies or gaps identified during these quality assurance processes. Ensure no repeated findings and no regulatory non-compliance incidences.
8. Stay up-to-date with changes in regulatory requirements related to ongoing due diligence.
9. Stay up-to-date with new money laundering trends, typologies, and emerging risks.
10. Participate in training programs to enhance skills and knowledge.
11. Support the roles and tasks assigned by the supervisors in relation to the job scope.
12. Collaborate with team members and supervisors to share insights and address challenges.
13. Identify and implement continuous improvement plans to ensure a more prudent and effective management of the function.
14. Support Group Chief Compliance Officer and stakeholders to achieve Group CIMB’s overall business and strategic objectives.