Job Summary:

We are seeking a detail-oriented and motivated Compliance Associate to support our compliance team in ensuring the organization operates in accordance with legal and regulatory requirements. This entry-level role is ideal for recent graduates or individuals early in their compliance.

Key Responsibilities:

CUSTOMER DUE DILIGENCE

• Perform CDD and Enhanced Due Diligence (EDD) reviews for individual and corporate customers during onboarding and periodic reviews.
• Collect, verify, and analyze KYC (Know Your Customer) documentation, including identification, proof of address, and business information.
• Assess customer risk profiles and Conduct screening for sanctions, PEP (Politically Exposed Persons), and adverse media using internal tools and external databases.
• Maintain accurate records of due diligence checks and ensure data is complete, up-to-date, and stored securely.
• Work closely with internal departments (e.g., Sales, Dealers, Operations) to resolve documentation gaps or compliance concerns.

TRANSACTION MONITORING AND SUSPICIOUS TRANSACTION REPORTING

• Monitor daily transactions using AML monitoring systems to detect potentially suspicious or unusual activity.
• Review alerts generated from the monitoring system, investigate and analyze transactional data, and determine whether further action or escalation is required.
• Collaborate with other departments (e.g: Legal, Operations) to obtain necessary information for investigations.
• Prepare and file Suspicious Transaction Reports (STRs) in compliance with local regulatory requirements.
• Escalate complex or high-risk cases to Senior compliance or AML officers.

AML/CFT PROGRAM

• Assist in monitoring and reviewing internal policies and procedures to ensure compliance with applicable laws and regulations.
• Monitor employee adherence to the company's Code of Conduct and other internal policies.
• Support compliance training programs to all employees.
• Stay updated with relevant regulatory changes and industry best practices.
• Assist in responding to regulatory inquiries and external audits under supervision.
• Perform other related duties as assigned.

Requirements:

• Bachelor's degree in Law, Business, Finance, or a related field.
• 0-2 years of experience in compliance, audit, or risk management roles (internships count).
• Basic understanding of regulatory frameworks relevant to the industry (e.g. AML, KYC, etc.).
• Excellent written and verbal communication skills.
• Ability to handle sensitive information with discretion.
• Proficiency in Microsoft Office (Word, Excel, PowerPoint).