KYC/AML Onboarding Analyst
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About Us
M-DAQ Global is a leading financial technology group specialising in foreign exchange (FX) and payment solutions to facilitate seamless cross-border transactions. Our proprietary technology empowers enterprises and SMEs with FX clarity, certainty, and payment mobility. Founded and headquartered in Singapore, M-DAQ Global operates across 7 countries and territories today, serving a diverse B2B clientele across 45 markets.
Our offerings range from customised to advanced FX solutions via UI and API integrations. With our proprietary FX engine, we provide technology-driven solutions for cross-border trading ecosystems. Leveraging a robust network across Asia, M-DAQ Global enables businesses to seamlessly manage cross-border collections and payments, while offering value-added services such as AI-driven KYB onboarding and advanced risk management.
For more information, please visit: www.m-daq.com.
About the Role
As Onboarding Analyst, you will be responsible for reviewing account openings, conducting due diligence checks, processing payments, and providing advice to various business functions. Your main objective will be to ensure compliance with internal policies and AML/KYC requirements, while also identifying opportunities for process improvement to mitigate compliance risks.
You will be based in Malaysia, reporting remotely to the Group Head, Settlement & Operations based in Singapore, and working under our entity M-DAQ Payment Solutions. To learn more about the Payments business, visit https://www.linkedin.com/company/wallex/
Key Responsibilities
- Review of account openings, especially to perform the formal examinations, to assess the completeness and the plausibility of the relationships in accordance with the internal policies & the global/local AML/KYC requirements and to conduct the due diligence checks;
- Processing of the incoming/outgoing payment and the name check alerts (i.e., sanctions, PEP)
- Providing independent and timely advice to business and other functions on all issues relating to day-to-day business, new business initiatives and transactions undertaken by clients
- Analysing the processes, the systems and advising stakeholders on the implementation of improved solutions that support business and mitigates compliance risk
- Handling ad hoc tasks assigned by your supervisor
Job Requirements
- Bachelor’s Degree or equivalent
- Minimum 3-4 years of experience in banking or handling of end-to-end onboarding of new/existing customer accounts; experience in collection of relevant information and managing the customer onboarding would be an advantage
- Professional written and verbal communication in English and Mandarin
- Strong attention to details
- Strong analytical and problem-solving capabilities
- Excellent interpersonal communication skill
- An independent self-motivated individual
Why Us?
- Make a positive impact to the world’s economy by creating a World without Currency Borders
- Innovation Mindset, People-Oriented
- Challenging environment, offering great opportunities to learn and grow
- Creative and Innovative Workplace
- We offer competitive remuneration, including employee stock options and employee benefits
About Us
M-DAQ Global is a leading financial technology group specialising in foreign exchange (FX) and payment solutions to facilitate seamless cross-border transactions. Our proprietary technology empowers enterprises and SMEs with FX clarity, certainty, and payment mobility. Founded and headquartered in Singapore, M-DAQ Global operates across 7 countries and territories today, serving a diverse B2B clientele across 45 markets.
Our offerings range from customised to advanced FX solutions via UI and API integrations. With our proprietary FX engine, we provide technology-driven solutions for cross-border trading ecosystems. Leveraging a robust network across Asia, M-DAQ Global enables businesses to seamlessly manage cross-border collections and payments, while offering value-added services such as AI-driven KYB onboarding and advanced risk management.
For more information, please visit: www.m-daq.com.
About the Role
As Onboarding Analyst, you will be responsible for reviewing account openings, conducting due diligence checks, processing payments, and providing advice to various business functions. Your main objective will be to ensure compliance with internal policies and AML/KYC requirements, while also identifying opportunities for process improvement to mitigate compliance risks.
You will be based in Malaysia, reporting remotely to the Group Head, Settlement & Operations based in Singapore, and working under our entity M-DAQ Payment Solutions. To learn more about the Payments business, visit https://www.linkedin.com/company/wallex/
Key Responsibilities
- Review of account openings, especially to perform the formal examinations, to assess the completeness and the plausibility of the relationships in accordance with the internal policies & the global/local AML/KYC requirements and to conduct the due diligence checks;
- Processing of the incoming/outgoing payment and the name check alerts (i.e., sanctions, PEP)
- Providing independent and timely advice to business and other functions on all issues relating to day-to-day business, new business initiatives and transactions undertaken by clients
- Analysing the processes, the systems and advising stakeholders on the implementation of improved solutions that support business and mitigates compliance risk
- Handling ad hoc tasks assigned by your supervisor
Job Requirements
- Bachelor’s Degree or equivalent
- Minimum 3-4 years of experience in banking or handling of end-to-end onboarding of new/existing customer accounts; experience in collection of relevant information and managing the customer onboarding would be an advantage
- Professional written and verbal communication in English and Mandarin
- Strong attention to details
- Strong analytical and problem-solving capabilities
- Excellent interpersonal communication skill
- An independent self-motivated individual
Why Us?
- Make a positive impact to the world’s economy by creating a World without Currency Borders™
- Innovation Mindset, People-Oriented
- Challenging environment, offering great opportunities to learn and grow
- Creative and Innovative Workplace
- We offer competitive remuneration, including employee stock options and employee benefits
