Euroclear Bank is the premier provider of settlement and related securities services for cross-border transactions involving domestic and international bonds, equities, derivatives and investment funds.  

We offer clients a single access point to post-trade services covering domestic securities from over 40 markets. 

Job Description 

Euroclear Singapore Branch is recruiting for a new position to join our Financial Crime Controls Team within Transaction Processing Division. 

Transaction Processing HK is responsible for the management of cash and settlement activities related to APAC markets, APAC currencies but also cash and securities netting with Clearstream. We are responsible for delivering Treasury Back Office operations servicing the Treasury Front Office. We also maintain controls to identify and investigate suspicious name and unusual behaviour in accordance with applicable law and regulatory requirements.  

In accordance with applicable law and regulatory requirements, Euroclear Bank maintains controls designed to identify and investigate suspicious names and unusual behaviour. Tools are tracking all in-house referential data and Participant transactions and checks it against international and national watch lists. It is our obligation to ensure that no customer or parties involved in transactions appear on public sanction lists. The purpose of the filtering process is to screen identified data input in the Euroclear Bank system to ensure that they do not contain suspicious names listed on so called watch lists. These watch lists contain entities and/or individuals (e.g. Names, Banks, Countries etc.) that need to be screened against our relevant data sources, as they are asset freeze targets, and/or persons subject to restrictive measures. 

Euroclear Compliance has evolved significantly in the past years and months due to the regulations evolving. In order to cope with this evolution, Euroclear is looking for a “Sanctions screener” that will help us in the first line of defence. 

Our department interacts with various teams across location such as Client Services, FundSettle, Asset Servicing, Collateral Management, Network Management, Product, Banking and Commercial Division.  This will give you very good opportunities to build an end to end knowledge of the Operations business.  

Your part of the deal 

As a member of the Financial Crime Controls team, your specific responsibilities will be to: 

• Analyse on a day to day basis the filtering hits generated by our tools 

• Identify and investigate suspicious and unusual behaviour and ensure proper escalation 

• Contribute to complex projects or initiatives with a good level of autonomy and with risk viewpoint 

• Manage and resolve situations independently within established guidelines like escalations or more complex investigation 

• Lead or contribute in the continuous improvement (running PSS, review process, implement new procedures) 

• Coach or deliver operational trainings in most of the processes in the team 

Your Profile: 

• Previous experiences in AML, sanctions screenings, transaction monitoring or compliance is an added value 

• An effective communicator - able to communicate, both in verbal & written, amongst peers and across levels 

• Coordinate effectively and timely actions between/across stakeholders 

• Detail-oriented and risk conscious at all times 

• Ability to multitask effectively in a strict deadline environment and have a good priority and time management skills 

• Possesses a good problem solving and analytical skills  

• Works well with autonomy, open minded and a quick learner 

• Self-starter and self-motivated; able to work with different teams 

• Have fluency in English and other language, Mandarin is a plus 

Being a part of the team will offer you: 

• Possibility to develop knowledge of the financial markets and financial instruments. 

• Opportunity to share and implement ideas how to optimize our processes, reduce our risk, and improve our service to our clients. 

• Possibility to develop “soft skills” (business communication, negotiations, assertiveness, organization awareness and many more). 

• You will play an important role in the upcoming challenges of our team. 

• As part of team, you will work in a dynamic environment.