About The Company
CGS International Securities Pte. Ltd. (CGS International) is an award-winning and market leading integrated financial services provider, ranked among the top securities houses in Asia.
CGS International taps on our wealth of global and ASEAN insights to offer equities trading, leveraged products, wealth management, investment banking, equities research, Shariah-compliant financing, fixed income, currency and commodities, structured products and prime brokerage services in over 15 countries and regions.
Along with its parent organisation China Galaxy Securities, a leading securities house in China, CGS International is trusted by more than 15 million customers globally.
Job Responsibilities
- Review Client Services corroboration of clients sources of wealth and funds.
- Review of account opening procedures and documentation, as well as review of transactions monitoring for high-risk customers (ECDD/PEPs).
- Conducting compliance reviews relating to Anti-Money Laundering Customer Due Diligence/Know-Your-Customers and transactions monitoring (AML CDD/KYC/TM) related reviews to identify any potential money laundering and recommend filing of STRs where applicable.
- Communicate effectively with relevant stakeholders for the purpose of conducting AML CDD/KYC/TM reviews.
- Provide compliance advisory on Anti-Money Laundering/Countering Financing of Terrorism regulatory requirements.
- Performing investigations on suspicious transactions escalated or compliance issues or violations reported to Compliance where necessary.
- Assist and coordinate in regulatory requests related matters.
- Coordinate and conduct training to relevant stakeholders (including front office) in relation to AML CDD/KYC.
- Monitor regulatory changes and update policies and procedures, including dissemination to relevant staff/department.
- Prepare and ensure timely submission of management reports to Senior Management, Board of Directors and Head Office.
- Coordinate AML-related training programs to ensure all employees are aware of compliance responsibilities and company policies.
- Conduct risk assessments and identify potential areas of compliance vulnerability and provide recommendations for improvement.
- Serves as liaison between the company and regulatory agencies. Collaborate with internal and external auditors during compliance reviews.
- Review the AML CDDQs submitted by clients and complete the AML CDDQs requested by counterparties.
- Verify and upload internal/external watchlists, along with risk scores, to the NICE Actimize SG Compliance List.
- Review and update the ML/CFT Enterprise Wide Risk Assessment periodically.
- Assist in other reviews / task / projects as necessary.
Job Requirements
- Proficient in written and spoken English
- Microsoft office and familiar with AML/CFT rules and requirements
- Minimum 6 years experience in compliance, AML CDD/KYC/TM
- A good Degree or professional qualification in Accountancy, Banking or Finance.
- Additional diploma in AML-related is a plus.
- Possess good interpersonal and communication skills
- Good team player
