AML Risk – Source Of Wealth (Sow) Specialist

AML Risk – Source of Wealth (SOW) Specialist Location: Singapore Type: Full-time Department: BFSI Job Summary This position is part of the Anti-Money Laundering Risk Management (AML Risk) function, within the Account Management Team (AMT) under Private Wealth Management (PWM). Currently, we are looking for candidates to support the following workstreams: Account Onboarding supervisory review – Case Manager Source of Wealth Periodic reviews - Team Lead / Checker / Case Manager Responsibilities Review and analyze account profiles to identify gaps in SOW information and corroboration Analyze collected information and perform reasonableness and plausibility checks Work effectively with Sales team to enhance the account profile and SOW corroboration Provide guidance to Sales team and perform desktop research to assist with benchmark analysis or account profile updates as needed Review adverse findings, high AML risk factors/sanctions exposures, engage with Sales and Compliance team to resolve issues as needed Prepare SOW/AML risk assessment summaries, identify and present material findings or risk concerns to AML Risk Supervisors for further action Ensure name screenings, SOW/SOF data, required clearance and approval records as well as supporting documentation are properly retained Eligibility Requirements Experience in source of wealth or AML reviews in private banking, top tier banks / financial institutions / risk advisory firms Strong understanding of AML/CFT regulations or risk assessment frameworks Preferably with MI and project management experience for Team Lead role 3+ years of work experience in relevant work experience Strong knowledge of AML/SOW review for various entity types (personal holding companies, trusts, SPVs, limited partnerships, funds, foundations) Strong research capability, analytical and organizational skills Strong communication skills to effectively and clearly instruct/ advise Sales team Excellent verbal and writing skills. Able to consolidate Chinese and English information into English summary precisely High attention to details and numbers Able to identify and articulate corroboration issues &/or red flags Problem-solver and able to manage potentially difficult discussions Ability to adapt and work efficiently in a fast-paced environment Strong team-player and able to work independently with minimal supervision Self-motivated and enthusiastic.