CDD Operations Analyst - Non-Retail Singapore

Job Overview

The role involves performing comprehensive customer due diligence (CDD) for both new and existing clients in line with Singapore regulations and CIMB Group's policies. The analyst is responsible for verifying customer identities, addresses, sources of funds, and maintaining accurate records in the bank’s CDD system.

Key Responsibilities

• Execute CDD checks to ensure compliance with Singapore and group regulatory standards.
• Conduct Open Source intelligence (Google searches) on customers and related parties, assessing findings per bank policy.
• Collect, authenticate, and validate Know Your Customer (KYC) data including identity and funding sources.
• Perform enhanced due diligence (EDD) for customers identified as high risk.
• Review and ensure correctness and completeness of customer documentation and data.
• Flag and report suspicious transactions or activities that might indicate money laundering risks.
• Stay current with Anti-Money Laundering (AML) and Counter-Terrorist Financing (CTF) legislation and guidelines.
• Manage and update client profiles and records accurately within the NetReveal system.
• Categorize customer records according to risk profiles properly.
• Assist during audits and regulatory examinations related to KYC/CDD processes.
• Collaborate with compliance, risk, legal, and other departments to expedite due diligence activities.
• Engage with clients, internal teams, and third-party providers to obtain necessary documents and information.
• Support supervisors by undertaking assigned tasks relevant to the role.
• Work alongside colleagues to share insights and tackle operational challenges.
• Proactively recommend and help implement continual improvements for the function’s efficiency and risk management.

Qualifications and Skills

• Bachelor’s degree in a relevant field.
• Minimum of one year experience as a CDD/KYC analyst handling onboarding and reviews for SMEs, corporates, or institutional clients.
• Banking experience focusing on KYC and/or AML processes is required.
• Strong attention to detail and excellent time management abilities.
• Capable of working independently and within a team, displaying good interpersonal skills.
• Effective under pressure with an ability to meet deadlines.

Additional Information

CIMB operates across 15 markets in the region, providing significant opportunities for professional growth and resilience building. This role offers a chance to contribute meaningfully to the bank's compliance excellence and risk mitigation efforts.