KYC Specialist Apr 2022 – Present
DBS Bank Singapore
IBG-COO Corporate CORE Team, Institutional Banking Group
- Perform trigger event CDD reviews for corporate customers.
- Review trigger reason(s) and recommend retaining or exiting relationship through the provision of relevant justifications.
- Conduct transaction review to identify deviations in expected and actual transactions. Assessing whether transactions are in-line with the business nature and purpose of account.
- Liaise with customers for due diligence queries and to obtain the necessary documentations.
- Recommend the appropriate risk rating by taking various material factors into consideration such as the severity of adverse news/STR/sanctions exposure.
- Establish and corroborate the source of wealth for high-risk customers, politically exposed customers and private investment companies.
- Perform name screening and public domain searches. Address hits and adverse news accordingly.
- Filing of UAE upon uncovering suspicious activity.
Business Risk and Compliance Executive Aug 2020 – Apr 2022
RHB Bank Singapore
- Perform KYC and Due Diligence (CDD & Enhanced Due Diligence) on bank customers (both individuals and corporates).
- Conduct Risk Profiling of the customer to determine the ML/TF and Sanctions Risk exposure to the bank.
- Perform periodic EDD reviews and also assist to review onboarding EDD submissions from RMs.
- Conduct transaction review as part of client review process, and to identify any anomalies in trends, patterns and behaviour.
- Establish and corroborate the Source of wealth for high-risk customers.
- Unwrapping the control and ownership structure of a corporate customer.
- Collect necessary supporting documentation to facilitate EDD and transaction reviews.
- Work closely with Business Unit, RMs and sales staff to complete EDD obligations of their clients.
- Conduct name screening and address any hits generated such as adverse news or PEP hits accordingly.
- File suspicious transaction reports within stipulated timeline upon uncovering potential suspicious activity/behaviour.
Administrative Executive Nov 2019 – Mar 2020
Tokio Marine Life Insurance
Outline:
I worked in the New Business Department where new insurance policies are received, underwritten and dispatched.
Key responsibilities:
- Financial Underwriting – Conducting risk assessments and assessing whether to accept or reject an insurance policy based on the financial standing of the policyholder and company guidelines.
- Data Entry – Upon receiving the insurance policies, details of policyholders are entered into the system and subjected to compliance checks before being underwritten.
- Liaising with Business Development Managers who act as a point of contact with the Financial Agents.
- Compiling a list of required information for underwriting that had been omitted by the policyholder and forwarding it to the underwriting support personnel.
- Policy checking – Ensuring that details of the policies are accurately printed on the policy document before they are dispatched to the policyholders.
