Job Purpose
The internship will provide an opportunity to learn the aspects of Compliance and Anti Money Laundering.
Job Responsibilities
The incumbent will assist the Compliance Team in:
- Supporting the Business with Know Your Client (KYC) reviews of existing clients, assessing the adequacy/completeness of the KYC information, source of wealth/funds, narrative and corroboration, enhanced due diligence, transaction review, and ensuring overall compliance with Bank procedural standards.
- Supporting the Business with name screening alerts triggered for existing client relationships to ensure sanctions, Politically Exposed Persons, and adverse media screenings, whether false or true matches, investigation, and escalation to the Relationship Managers;
- Assessing and escalating newly identified risk indicators, changes in risk rating, or unusual transaction patterns during reviews;
- Assisting the team in preparing statistics for Management reporting and support in projects and process improvement initiative.
Skills Required
- Proactive, meticulous, and attentive to details.
- Ability to work independently.
- Good attitude with strong organisational and time management skills.
- Strong analytical and problem-solving skills.
- Strong communication and facilitation skills.
- Interest in learning about Financial Markets and regulations.
