6 Months Contract Transaction Monitoring Executive #BJJ

6 Months Contract Transaction Monitoring Executive #BJJ

Our client is a reputable local bank seeking a Transaction Monitoring Executive to join its Financial Compliance Department, supporting Transaction Monitoring and Financial Crime Compliance (FCC) activities.

Job Responsibilities

• Review, investigate, and clear Transaction Monitoring (TM) alerts to support the timely reduction of the alert backlog.

• Conduct detailed analysis of transaction monitoring alerts and assess potential AML/CFT risks in accordance with the bank’s policies and procedures.

• Perform timely reviews of ad-hoc escalations received from other functional units within the AML team.

• Conduct due diligence and background checks on customers and transactions relating to suspicious cases or alerts.

• Provide AML and Transaction Monitoring advisory and subject matter expertise to relevant business lines and internal functional units.

• Liaise with stakeholders to obtain relevant information and supporting documentation required for alert investigations.

• Ensure timely escalation of potentially suspicious cases and facilitate the appropriate escalation and filing of Suspicious Transaction Reports (STRs) where required.

• Support the monitoring and maintenance of Key Risk Indicators (KRIs) for the Transaction Monitoring team.

• Ensure all investigations, assessments, and documentation are completed accurately and within established timelines.

• Assist with other Financial Crime Compliance (FCC) initiatives and ad-hoc projects as assigned.

Job Requirements

• Diploma or Degree in Banking, Finance, Business, Law, Compliance, or a related discipline.

• 2 to 5 years of relevant experience in AML, Transaction Monitoring, KYC/CDD, or Financial Crime Compliance within the banking or financial services industry.

• Good understanding of AML/CFT requirements, transaction monitoring processes, and suspicious transaction reporting.

• Strong analytical and investigative skills with excellent attention to detail.

• Good written and verbal communication skills with the ability to engage effectively with business and compliance stakeholders.

• Able to manage a high volume of alerts and work effectively under tight deadlines.

• Prior experience in clearing Transaction Monitoring alert backlogs will be an advantage.

Contract: 6 Months Contract

Department: Financial Compliance / Financial Crime Compliance

Salary: S$3,000 – S$4,000 per month

Please send your application directly via [email protected] for a faster response.

Only shortlisted candidates will be notified.

(Jann) Tan Wei Ying (R1103708)

Email Address: [email protected]

Recruit Express Pte Ltd

EA License No: 99C4599

Recruiter's Ref Code: #BJJ