HL Bank – Compliance Intern

Company
HL Bank
hlbank.com.sg
Designation
Compliance Intern
Date Listed
22 Mar 2024
Job Type
Entry Level / Junior Executive
Intern/TS
Job Period
Immediate Start, For At Least 2 Months
Profession
Banking / Finance
Industry
Finance
Location Name
Wallich Street, Guoco Tower, Singapore
Address
1 Wallich St, Singapore 078881
Map
Allowance / Remuneration
$600 - 1,000 monthly
Company Profile

In HL Bank, people are central to our success. The present and future of HL Bank depends on the professional and personal development of our employees.  We recognize that the quality of our products and services is the results of talents and technologies, brought together in a cohesive manner.  Opportunity is never lacking in our progressive and forward-thinking Bank. Growing from strength to strength as one of Malaysia's leading financial institutions, there will always be new grounds explored and fresh, untapped possibilities in the employment arena.  In this area, our scope is potentially many times bigger as HL Bank is part of a large conglomerate. We are currently opening up our doors for performers who can impress us with their talents and take advantage of our competitive remuneration package, personal development programmes and challenging career paths.  In April 2018, the Tripartite Alliance for Fair and Progressive Employment Practices (TAFEP) in its Human Capital Partnership (HCP) Programme initiative, welcomed HL Bank as a HC Partner, for being a progressive employer who invests in human capital and adopts progressive workplace practices.

Visit http://www.hlbank.com.sg/ for more info

Job Description

You 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.

Minimum Qualification Level: 

  • University degree undergraduate 
This position is already closed and no longer available.  You may like to view the other latest internships here.

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