CDD Analyst

ROLE SYNOPSIS

The Counterparty Due Diligence (CDD) Analyst is responsible for ensuring CDD operations are conducted in accordance with the requirements of the CDD Practice in COMPANY, including the requirement to observe all data privacy regulations and the need to maintain a systematic audit trail for all decisions and controlled document retention

Jobscopes: -

• Understand and operate the CDD process, to ensure accurate and timely delivery of services in accordance with SLAs. Monitor assigned queues in the CDD tool and prioritise workload.
• Conduct on demand CDD screening for counterparties in accordance with the risk based CDD process.
• Monitor the continuous monitoring reports for new matches
• Instigate follow-up reviews at frequencies determined by the risk rating for the counterparties or agents
• Review any matches to establish validity and, if appropriate, recommend next steps which may include moving to a higher level of rigor, or escalate – include recommendations on action based on precedents
• Ensure that the rationale for all decisions is annotated as needed in the CDD tool
• Compile as appropriate and send CDD request forms to counterparties as required, as well as analysing subsequent responses and propose the appropriate risk level to be assigned.
• Draft any mitigating actions to be sent to COMPANY business requesters.
• Securely store all information in accordance with the requirements of the CDD Practice and policy ensuring compliance with any data privacy requirements
• Provide subject matter expertise for the CDD process to requestors to ensure that the appropriate level of rigor is applied to CDD's evaluations of counter-parties
• Participate in periodic reviews of the CDD process with fellow practitioners and subject matter experts from Ethics & C, Legal, etc.
• Ensure Compliance to CDD policy and procedures.
• Ensure counterparty data integrity in the systems is preserved and enhanced in line with CDD policy and procedures
• Any other duties as assigned by management from time to time

Process and Data Integrity

• Ensure all information are stored securely in accordance with the requirements of the CDD process ensuring compliance with any data privacy requirements

Health, Safety, Security and Environment (HSSE)

• Comply with all COMPANY's Health, Safety, Security and Environment (HSSE) policies and procedures and all HSSE directions of line manager or HSSE Manager
• Participate in HSSE training and discussions, workplace inspections and audits, assist in the resolution of Health & Safety issues, and contribute to successful implementation of HSSE programmes and initiatives

ESSENTIAL EDUCATION:

• Bachelor's degree in Business, Finance, Accounting, or related field; or professional certification such as ACAMS or ICA is an advantage
• 3+ years of working experience in CDD and Pre-Qualification / AML, Compliance, Finance, Accounting, Business or related field.

ESSENTIAL EXPERIENCE AND JOB REQUIREMENTS:

• Excellent written and oral communication skills in English
• Strong stakeholder relationship management skills
• A proactive and dynamic approach
• Engaging and collaborative way of working
• Resilient and experienced in working in a multi-faceted environment

Job Type: Contract

Contract length: 12 months

Pay: From RM10,000.00 per month

Experience:

• CDD and AML: 4 years (Preferred)

Work Location: In person