AML/ KYC Analyst

Company: Network For Electronic Transfers (S)

The NETS Group is a leading payments services group, enabling digital payments for merchants, consumers and banks across the entire payments value chain.

The Group operates Singapore’s national debit scheme enabling customers of DBS Bank/POSB, HSBC, Maybank, OCBC Bank, Standard Chartered Bank and UOB to make payments using their ATM cards or mobile devices at more than 130,000 acceptance points in the country as well as online payments.

Overall Function

The Merchant Assessment (MA) team is part of the Customer Service and Operations division in NETS. This team is responsible for conducting AML/KYC screening and credit assessments on all new & existing merchants. The Analyst will be responsible for the daily AML/KYC screening and credit assessment of merchant application forms submitted by the Sales team. He/She will report into Merchant Assessment Manager.

Key Responsibilities

• Conduct daily BAU assessment, periodic review and analyze new & existing merchant profile (AML/KYC and credit risk assessment) within SLA.
• Work with various stakeholders as part of the onboarding of merchants.
• Ongoing monitoring of alerts as part of the AML/KYC notifications.
• Identify process improvement opportunities to make the Merchant Assessment team more effective.

Requirements

• Minimum degree holder.
• 1-2 years of relevant work experience (Preferred).
• Experience in AML/KYC processing, and risk assessment and review will be an advantage.
• Meticulous and able to work under tight deadlines.
• Conscientious & team player.
• Good interpersonal & communication skills.

Network for Electronic Transfers (Singapore) Pte Ltd.