Corporate Trainee – Due Diligence (12 months’ contract)

Job title: Corporate Trainee – Due Diligence (12 months’ contract)

Company:


Job description: Description To assist the entity in managing the regulatory (mainly AML & Sanctions) and reputational risk related requirements set out in:- Relevant German/international – whichever is stricter – law and regulations. Global policies set forth and the standards communicated by GM-CO Responsibilities General / Compliance Culture Facilitate compliance of the entity with applicable banking and securities laws, regulations, and internal guidelines regarding AML/CFT and Sanctions. Perform Sanctions screening in PELICAN OFAC (Sanction screening tool of Commerzbank) only as maker function Perform AML and Sanction screening on Export/Import Letters of Credit, Guarantees, Import/Export Collection received by the bank (SWIFT Messages) only as maker function Perform AML and Sanction screening on transport documents presented by presenting bank only as maker function Perform Voyage Check and Dual Use Goods check only as maker function Ensure high quality of AML and Sanctions screening and this will be reflected in quarterly desk review Report and escalate all violations and suspicious behavior to TPC Compliance Officer Maintain Due Diligence at the highest level of quality to protect the Bank from regulatory risk which could result into financial and reputational damage. Ensure awareness and full compliance regulations, policies, guidelines, procedures and practices. Respond to email and queries from internal customers and stake holders on a timely manner. Compliance Advisory Service Learn from the senior team member on exercising good judgement in making decisions or recommendations in relation to case investigation. Learn to be able to accurately and thoroughly screen MT messages and Transport documents/Voyage journey to detect and identify the non-compliance or violations as per Commerzbank AML/Sanctions Policy. Learn to be outspoken and not afraid to raise any issues with regards to noncompliance, if any. Any other tasks assigned by Group Head of Due Diligence Team Formal education: Candidate must possess at least Bachelor’s Degree/Post Graduate Diploma/Professional Degree in Banking & Finance, General Management or Law Skills and Qualifications Preferably Entry Level specialized in Banking/Financial Services No work experience required. Minimum CGPA is 3.0 pointer Strong team player with strong interpersonal and communicative skills. Required language(s): Fluent verbal and written in English required. Required Skill(s): MS Office and etc. Characteristics: Meticulous Capacity for teamwork Analytical skills Ability to work in a deadline driven environment Interest to work in a new and developing organisation Interest to develop new processes Fast learner Willingness to learn on the job NOTE: Successful candidates will be employed on a 12-months contract directly under Commerz Global Service Solutions Sdn Bhd. Upon completion of the Corporate Trainee Program, there would be a tendency for permanent employment conversion based on the overall performance evaluation throughout the 12 months program and other factors.

Expected salary:

Location: Kuala Lumpur

Job date: Tue, 18 Feb 2025 23:14:53 GMT

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