441 Senior Verification Analyst jobs in Singapore

• Complete accurate KYC profiles in a timely manner for new customers using internal KYC systems / due diligence procedure (including performing translation) or bringing profiles up to date for existing customers
• Perform screening on all new / existing customers and its related parties as well as third party payment requests
• Work with the Business and Client On-Boarding Team to source additional documentation if relevant information is not publicly available
• Review and prepare all KYC documentation for approval by the KYC Quality Control team in London. Documents should be presented in a professional manner and include a clear and concise rationale for any decisions made during the on-boarding / Periodic Review process
• Upload collated documents onto the Bank's KYC system and storing in local shared drives for checking and review by the Quality Control Team.
• Ensure physical files are duly sent to local warehouse for storage
• Assist the business with any queries relating to KYC processes to ensure adherence to internal procedures and industry best practices
• Maintain progress log and assist Manager with the production of progress reports and management information to relevant stakeholders.
• Provide input and support to team meetings (including minute taking and follow up on actions)
• Escalate process/requirements issues and or gaps with proposed work-around solutions
• Maintenance of Standard Operating Procedure (SOP)
• Managing Group Inbox on a rotational basis
• Act as the 4 eyes checker for CRD requests where required
• Provide ad-hoc support to other streams of work within the KYC Team as may be required by the KYC Manager.

• Ideally a minimum of 4 years' experience in a KYC role (end to end process) with a Full Banking environment
• Experience of reviewing and documenting customer relationships (especially medium and high risk entities including PEPs or entities with complex structures) with evidence of KYC subject matter expertise
• Sound knowledge of KYC / CDD procedures and regulatory best practices
• Sound knowledge of UK, SG and HK regulations and industry guidance on customer due diligence (2007 Money Laundering Regulations, JMLSG Guidance, MAS 626 and HKAMLO)
• Technical ability to write database queries and to understand database structure from a business and IT point of view
• IT literate and ability to quickly adapt to new software systems
• Strong Excel and VBA skills
• Ability to read, write and speak Chinese/Mandarin and perform basic business translation
• Ability to work independently and efficiently in a dynamic environment
• Ability to effectively organize and work to tight deadlines, ensuring day-to-day objectives are met
• Results oriented ability to manage multiple priorities and ability to remain calm under pressure is essential

• Effective communication and presentation skills with a clear and concise writing style
• Self-motivated, organized and pragmatic approach to work
• Attention to detail with an ability to deliver high quality work under tight deadlines and pressure
• Capable of quickly adapting to Change
• Computer literacy (Word, Excel, PowerPoint)

• Complete accurate KYC profiles in a timely manner for new customers using internal KYC systems / due diligence procedure (including performing translation) or bringing profiles up to date for existing customers
• Perform screening on all new / existing customers and its related parties as well as third party payment requests
• Work with the Business and Client On-Boarding Team to source additional documentation if relevant information is not publicly available
• Review and prepare all KYC documentation for approval by the KYC Quality Control team in London. Documents should be presented in a professional manner and include a clear and concise rationale for any decisions made during the on-boarding / Periodic Review process
• Upload collated documents onto the Bank's KYC system and storing in local shared drives for checking and review by the Quality Control Team.
• Ensure physical files are duly sent to local warehouse for storage
• Assist the business with any queries relating to KYC processes to ensure adherence to internal procedures and industry best practices
• Maintain progress log and assist Manager with the production of progress reports and management information to relevant stakeholders.
• Provide input and support to team meetings (including minute taking and follow up on actions)
• Escalate process/requirements issues and or gaps with proposed work-around solutions
• Maintenance of Standard Operating Procedure (SOP)
• Managing Group Inbox on a rotational basis
• Act as the 4 eyes checker for CRD requests where required
• Provide ad-hoc support to other streams of work within the KYC Team as may be required by the KYC Manager.

Elsa Fong Ya Qing (Elsa Fontanne) (CEI No. R )

Email Address:

Recruitment Consultant

Recruit Express Pte Ltd / EA Licence No: 99C4599

We regret only shortlisted candidates will be contacted

Client Management Unit ("CMU") is a business enabler, supporting Front Office across the Client Lifecycle, including On-Boarding, KYC and Client Referential Data Management. CMU also acts as a first line of defence to protect the Bank against Financial Crime, Bribery and Corruption and Tax evasion.
The CMU Asia team is based in Singapore and reports locally to the Asia CE and functionally to the Global Head of CMU. The team serves as the first contact point and handle all business requests from offices in the Asia Pacific regions namely Shanghai and Singapore.
Job Purpose:
The incumbent will work with the Front Office and Client On-Boarding Team to investigate and process both the proposed business relationships with new customers or updated information for existing customers. He/she is responsible for developing a detailed understanding of the customer profile and the nature of the proposed business relationship or bringing the existing client's data up to date. This involves constant interaction with several stakeholders including and not limiting to the Front Office, Client On-Boarding Team and Compliance, analyzing customer documentation, performing public searches and conducting screening searches.
The ideal candidate should be IT literate with strong Excel and VBA skills, having the ability to quickly adapt to new software systems.
Key Responsibilities:
KYC Key Responsibilities / Accountabilities
Complete accurate KYC profiles in a timely manner for new customers using internal KYC systems / due diligence procedure (including performing translation) or bringing profiles up to date for existing customers
Perform screening on all new / existing customers and its related parties as well as third party payment requests
Work with the Business and Client On-Boarding Team to source additional documentation if relevant information is not publicly available
Review and prepare all KYC documentation for approval by the KYC Quality Control team in London. Documents should be presented in a professional manner and include a clear and concise rationale for any decisions made during the on-boarding / Periodic Review process
Upload collated documents onto the Bank's KYC system and storing in local shared drives for checking and review by the Quality Control Team.
Ensure physical files are duly sent to local warehouse for storage
Assist the business with any queries relating to KYC processes to ensure adherence to internal procedures and industry best practices
Maintain progress log and assist Manager with the production of progress reports and management information to relevant stakeholders.
Provide input and support to team meetings (including minute taking and follow up on actions)
Escalate process/requirements issues and or gaps with proposed work-around solutions
Maintenance of Standard Operating Procedure (SOP)
Managing Group Inbox on a rotational basis
Act as the 4 eyes checker for CRD requests where required
Provide ad-hoc support to other streams of work within the KYC Team as may be required by the KYC Manager.
Required Skills, Knowledge, Experience and Values:
Ideally a minimum of 4 years' experience in a KYC role (end to end process) with a Full Banking environment
Experience of reviewing and documenting customer relationships (especially medium and high risk entities including PEPs or entities with complex structures) with evidence of KYC subject matter expertise
Sound knowledge of KYC / CDD procedures and regulatory best practices
Sound knowledge of UK, SG and HK regulations and industry guidance on customer due diligence (2007 Money Laundering Regulations, JMLSG Guidance, MAS 626 and HKAMLO)
Technical ability to write database queries and to understand database structure from a business and IT point of view
IT literate and ability to quickly adapt to new software systems
Strong Excel and VBA skills
Ability to read, write and speak Chinese/Mandarin and perform basic business translation
Ability to work independently and efficiently in a dynamic environment
Ability to effectively organize and work to tight deadlines, ensuring day-to-day objectives are met
Results oriented ability to manage multiple priorities and ability to remain calm under pressure is essential
Personal attributes:
Effective communication and presentation skills with a clear and concise writing style
Self-motivated, organized and pragmatic approach to work
Attention to detail with an ability to deliver high quality work under tight deadlines and pressure
Capable of quickly adapting to Change
#J-18808-Ljbffr

Job Description

Reporting to the Chief Risk Officer, we are currently looking for a risk professional with CCP Clearing Risk and modelling experience to join the Risk Management Department.

Key Duties and Responsibilities

• Manage APEX's clearing risks effectively and comprehensively in line with approved Risk policies.
• Review and update risk policies and procedures to align with IOSCO-PFMI guidelines, regulatory requirements, and directives from the Board Risk Committees.
• Maintain and improve appropriate risk models such as margining, collateral, and stress testing for APEX, which is the key responsibility for this role.
• Identify opportunities and/or gaps to enhance data quality and existing reporting processes.
• Conduct day shift and night shift duties regarding clearing risk management as per required.
• Handle end-of-day stress test reports, back test reports, liquidity risk reports, bank counterparty and Guaranty Fund reports, etc.
• Review and test APEX's contingency plans, including default management and recovery plans, to ensure smooth operability.
• Conduct credit scoring to rate APEX's members and counterparties.
• Conduct regular risk reporting, including monthly, quarterly, and annual reports.
• Execute enterprise risk management tasks as arranged by the Chief Risk Officer.
  Perform any other duties assigned by the Chief Risk Officer from time to time.

Requirements:

• University degree or above with at least 5 years of experience managing the risks of a clearing house or future brokerage, or equivalent experience.
• Good understanding of financial products such as futures and options.
• Strong knowledge of margining, risk models and methodologies.
• Strong quantitative skills, preferably with working knowledge of programming languages / software such as Excel, Python and VBA.
• Motivated and able to produce quality work under pressure.
• Strong analytical ability to analyze risk related issues and deal with complexity and ambiguity.
• Strong communicator with oral, written and presentation abilities in English and Mandarin.
• Good communication and interpersonal skills, positive team player.
• Professional qualifications like CFA, FRM will be considered favorably.

Responsibilities

• Manage interest risk liquidity risk, market risk, in compliance with the requirements of the head office and regulatory authorities.
• Ensure prompt and timely completion of daily monitoring, monthly, quarterly tasks and reports for internal and Head Office.
• Identify and address data quality issues to all relevant stakeholders, including but not limited to Treasury and or Management
• Maintain and performs periodic review of policies and process ensuring alignment with Local and Head Office requirements
• Monitor the relevant risk indicators within the defined limits.
• Provides analytical support for relevant stakeholders.
• Identification of risk drivers and assess their impact on liquidity positions.
• Involved in system integration of HO project, to ensure smooth transition and report accuracy upon the new system migration.
• Address issues raised by auditors and MAS relating to market risk, liquidity risk and interest risk.

Requirements

• A recognized degree
• Minimum 4 years of market / liquidity /interest risk experience in the Banking Industry;
• Good understanding of market / liquidity/interest risk regulatory requirements;
• Meticulous, versatile, good interpersonal skills, excellent communication skills;
• Able to work independently with minimal supervision;
• Ability to work independently and under pressure;
• Skilled at handling data, be proficient in using VBA and other data processing tools.
• Be familiar with Bloomberg system.

Interested candidates please email resume in MS Word format to

Please state your last drawn and expected package, relevant skill sets and the position you are applying for.

Resumes collected will be kept in strict confidence and used for recruitment purposes only.

Complete accurate KYC profiles in a timely manner for new customers using internal KYC systems / due diligence procedure (including performing translation) or bringing profiles up to date for existing customers
Perform screening on all new / existing customers and its related parties as well as third party payment requests
Work with the Business and Client On-Boarding Team to source additional documentation if relevant information is not publicly available
Review and prepare all KYC documentation for approval by the KYC Quality Control team in London. Documents should be presented in a professional manner and include a clear and concise rationale for any decisions made during the on-boarding / Periodic Review process
Upload collated documents onto the Bank’s KYC system and storing in local shared drives for checking and review by the Quality Control Team.
Ensure physical files are duly sent to local warehouse for storage
Assist the business with any queries relating to KYC processes to ensure adherence to internal procedures and industry best practices
Maintain progress log and assist Manager with the production of progress reports and management information to relevant stakeholders.
Provide input and support to team meetings (including minute taking and follow up on actions)
Escalate process/requirements issues and or gaps with proposed work-around solutions
Maintenance of Standard Operating Procedure (SOP)
Managing Group Inbox on a rotational basis
Act as the 4 eyes checker for CRD requests where required
Provide ad-hoc support to other streams of work within the KYC Team as may be required by the KYC Manager.
Elsa Fong Ya Qing (Elsa Fontanne) (CEI No. R )
Email Address:
Recruitment Consultant
Recruit Express Pte Ltd / EA Licence No: 99C4599
We regret only shortlisted candidates will be contacted
#J-18808-Ljbffr

• Complete accurate KYC profiles in a timely manner for new customers using internal KYC systems / due diligence procedure (including performing translation) or bringing profiles up to date for existing customers
• Perform screening on all new / existing customers and its related parties as well as third party payment requests
• Work with the Business and Client On-Boarding Team to source additional documentation if relevant information is not publicly available
• Review and prepare all KYC documentation for approval by the KYC Quality Control team in London. Documents should be presented in a professional manner and include a clear and concise rationale for any decisions made during the on-boarding / Periodic Review process
• Upload collated documents onto the Bank’s KYC system and storing in local shared drives for checking and review by the Quality Control Team.
• Ensure physical files are duly sent to local warehouse for storage
• Assist the business with any queries relating to KYC processes to ensure adherence to internal procedures and industry best practices
• Maintain progress log and assist Manager with the production of progress reports and management information to relevant stakeholders.
• Provide input and support to team meetings (including minute taking and follow up on actions)
• Escalate process/requirements issues and or gaps with proposed work-around solutions
• Maintenance of Standard Operating Procedure (SOP)
• Managing Group Inbox on a rotational basis
• Act as the 4 eyes checker for CRD requests where required
• Provide ad-hoc support to other streams of work within the KYC Team as may be required by the KYC Manager.

Elsa Fong Ya Qing (Elsa Fontanne) (CEI No. R )

Email Address:

Recruitment Consultant

Recruit Express Pte Ltd / EA Licence No: 99C4599

We regret only shortlisted candidates will be contacted

Join to apply for the Manager - Risk Management role at American Express

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At American Express, our culture is built on a 175-year history of innovation, shared values and Leadership Behaviors, and an unwavering commitment to back our customers, communities, and colleagues. As part of Team Amex, you'll experience this powerful backing with comprehensive support for your holistic well-being and many opportunities to learn new skills, develop as a leader, and grow your career.

Here, your voice and ideas matter, your work makes an impact, and together, you will help us define the future of American Express.

Commercial Rating and Underwriting (CRU) is the institutional credit risk management function within American Express. The CRU team plays the critical role of assessing and managing the risk of institutional exposures across all business units within American Express, and in all regions globally. Credit exposures are primarily generated through corporate and small business card programs, via merchant service relationships where non-delivery risk exists, and among the securities portfolio held for firm-wide liquidity.

CRU APAC is led from Singapore covering Asia Pacific region, with direct reporting line into Global Head of CRU in Salt Lake City, USA. In addition to determining the internal credit rating which drives the probability of default of each exposure, CRU also underwrites card programs. As a bank holding company, American Express must comply with the highest global banking standards set by Basel and implemented by the bank’s primarily regulatory, the Federal Reserve.

Job Responsibilities

Managers in CRU are responsible for rating and underwriting credit exposures in their assigned region, industry, and business line. This position will cover Greater China market. Fundamental analysis incorporates a thorough review of business, financial, industry and country risk coupled with support from internal and external rating model outputs. Assessment includes understanding of the need for credit extension, profitability of the relationship and program structures. CRU manager interact with various constituents across the firm including Hong Kong front office sales, business unit risk partners, and credit administration to perform their critical role. In addition, this position also provides rating advisory and oversight to our subsidiary in China.

Desired Skills

• Ability to read Chinese financial statement as this role covers the Greater China market.
• Expertise as a credit and underwriting decision maker, dealing with commercial exposures ranging from SME or middle-market to large, multinational institutions
• Experience in determining appropriate credit capacity, structuring of facilities, and risk mitigation techniques
• Thorough understanding of fundamental financial analysis including the ability to review corporate financial statements to determine the ability of the obligor to honour its credit obligations
• Knowledge of local accounting standards with strong market/ industry knowledge
• Familiarity with quantitative credit models
• Knowledge of analyzing the outputs from credit models, and identifying any rationale for any deviation found
• Knowledge of public agency ratings, and supporting analysis
• Ability to understand current macroeconomic trends, and making respective sound recommendations to improve the PD estimation based on the business cycle
• Experience preparing company-specific and industry-wide credit memorandums
• Excellent judgment in making sound rating and underwriting decisions to maximize profitability and mitigate risk

Experience

This role may be subjected to additional background verification checks.

• More than 7 years’ experience in rating and / or underwriting at a leading financial institution
• Bachelor’s degree from a top tier university and a degree in finance, accounting, economics, or statistics
• Graduate degree with a finance or business emphasis, or Chartered Financial Analyst (CFA) designation, is a plus

We back you with benefits that support your holistic well-being so you can be and deliver your best. This means caring for you and your loved ones' physical, financial, and mental health, as well as providing the flexibility you need to thrive personally and professionally:

• Competitive base salaries
• Bonus incentives
• Support for financial-well-being and retirement
• Comprehensive medical, dental, vision, life insurance, and disability benefits (depending on location)
• Flexible working model with hybrid, onsite or virtual arrangements depending on role and business need
• Generous paid parental leave policies (depending on your location)
• Free access to global on-site wellness centers staffed with nurses and doctors (depending on location)
• Free and confidential counseling support through our Healthy Minds program
• Career development and training opportunities

Offer of employment with American Express is conditioned upon the successful completion of a background verification check, subject to applicable laws and regulations.

Seniority level

• Mid-Senior level

Employment type

• Full-time

Job function

• Other

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