About this role
Ongoing Due Diligence (ODD) Singapore (SG)
- ODD plays a crucial role in identifying and mitigating AML risks, contributing to the overall compliance and risk management efforts of the organisation.
- Perform the the transited roles based in Malaysia, including and not limited to:
Performing in-depth investigations into client profiles, transactions and activities to identify potential AML risks.
- Analysing complex ownership structures and beneficial ownership information.
- Compiling and capturing comprehensive documentation of ODD activities, ensuring accuracy and compliance with internal and regulatory requirements.
- Ensure all activities align with AML regulations, internal policies, and industry best practices.
- 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.
- Stay up-to-date with changes in regulatory requirements related to ongoing due diligence.
- Stay up-to-date with new money laundering trends, typologies, and emerging risks.
- Participate in training programs to enhance skills and knowledge.
- Support the roles and tasks assigned by the supervisors in relation to the job scope.
- Collaborate with team members and supervisors to share insights and address challenges.
- Identify and implement continuous improvement plans to ensure a more prudent and effective management of the function.
- Support Group Chief Compliance Officer and stakeholders to achieve Group CIMB’s overall business and strategic objectives.