Compliance Associate

About this role

Company: Baxian Trust (Labuan) Limited

Job Description

Duties include but not limited to:

• Act as first layer reviewer (i.e., maker) in conducting AML file reviews on client’s database to ensure the KYC document and information are up to date and align with current regulatory requirement.
• Perform onboarding review on new prospect client, ensuring all compliance, KYC and CDD as required by SOPs are met and satisfied in compliance with the applicable jurisdictions.
• Conduct periodical review, monitor and update the KYC of directors, shareholders, beneficial owners and other affiliated entities in the group database.
• Conduct name screening on clients and related parties using World Check and Google Search and review any adverse news found.
• Resolve ongoing  screening  in  Artemis  on  a weekly  basis  for all  clients  to identify  matches  against adverse news or sanction and escalate to Compliance Officer or Team Lead where necessary.
• Prepare risk assessment on new and existing clients and raise any points of concern such as PEP and OHR.
• Liaise with Relationship  Managers to request for KYC documents and information  and provide  first level compliance support and advisory.
• File Internal  Suspicious  Transaction  Report (“ISTR”)  to the Compliance  Officer  in  a timely  manner where a suspicion has been identified.
• Maintain and update KYC documents and information in the company’s physical files, shared drives, and PORTAL.
• Attend all training and undertake any testing as requested and required by the Company.
• Ensure documentation are well organised and properly kept.
• Provide support and assistance to corporate departments related to AML and other ad hoc tasks from time to time.
• Assist Compliance Team Lead on other ad hoc task, when required from time to time.

Requirement

• A diploma or bachelor’s degree, preferably in finance, economics, accounting, or legal field.
• Strong proficiency with PowerPoint, Excel, Word, SharePoint.
• Minimum 1-year experience  in  TCSP and AML-KYC & Customer Due Diligence  will be an  added advantage.
• Strong sense of responsibility, good time management, and able to meet deadline.
• Able to work independently with a positive mindset to work in any challenging situations.
• Proficiency in English with excellent communication skills.

Fresh graduates are welcome to apply as training will be provided to support your growth and development