CDD Operations Team Manager - Retail SG at CIMB Singapore

Singapore, , Singapore -

Full Time

Start Date

Immediate

Expiry Date

20 Aug, 26

Salary

0.0

Posted On

22 May, 26

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Team Leadership, Customer Due Diligence, Anti-Money Laundering, Know Your Customer, Risk Assessment, Regulatory Compliance, Performance Management, Case Management, Stakeholder Management, Time Management

Industry

Banking

Description

Job Description: * Lead, mentor, and develop a team of CDD analysts, ensuring they are equipped to perform their duties effectively. * Allocate tasks and monitor the progress of CDD reviews and investigations. * Conduct regular team performance reviews and provide training on new regulatory requirements or internal processes. * Ensure the team accurately and thoroughly conducts CDD, including risk assessments, client background checks, and the verification of identities. * Ensure adherence to regulatory requirements and internal policies in all CDD activities. * Handle complex or escalated CDD cases, including suspicious activity reports (SARs) and higher-risk clients. * Monitor and enforce compliance with internal CDD procedures and ensure adherence to relevant AML and KYC regulations. * Work closely with the Compliance and Risk teams to identify and resolve issues related to CDD processes. * Stay updated on changes in regulatory requirements, ensuring that the team adjusts practices as necessary. * Prepare and submit regular reports to senior management regarding team performance, progress on CDD cases, and any compliance issues. * Act as a point of contact for other departments regarding CDD-related queries or issues. * Continuously review and improve CDD processes to enhance efficiency and accuracy. * Collaborate with internal teams to streamline workflows and implement new tools or technologies. Key Requirements: * Bachelor's Degree in a related discipline * Relevant Banking experience (in areas concerning KYC and/or AML) * Meticulous and excellent time management skills * Team player with good people skills, driven and independent * Able to meet deadlines and work under pressure With operations that span 15 different markets across the region, the opportunity to expand your experience, test your capabilities, and exhibit your resilience is ample. #teamCIMB is always keen to welcome the ones who are ready to make that very special difference – for themselves and the bank.

Responsibilities

Lead and mentor a team of CDD analysts to ensure accurate client vetting and adherence to AML and KYC regulations. Manage complex cases, monitor team performance, and collaborate with Compliance and Risk teams to improve operational efficiency.