Intern, Procurement - Vendor Due Diligence

Define your future at Hong Leong Bank

We are seeking a Procurement-Vendor Due Diligence intern to join our team.The Vendor Due Diligence (VDD) Intern will provide essential support to the VDD team in conducting financial assessments, AML/CFT screenings, and background checks on bank vendors.This role offers hands-on experience in risk management, helping ensure that business units make informed decisions during vendor onboarding and annual assessments.

The successful candidate will report to the Procurement-Vendor Due Diligence Manager.

Functional (Job Responsibilities)

• Assist in conducting due diligence reviews for new and existing vendors by extracting reports related to Anti-Money Laundering (AML), Counter Financing of Terrorism (CFT), and Targeted Financial Sanctions.

• Help perform background checks regarding insolvency, connected/related parties, and Ultimate Beneficial Ownership (UBO) using tools like Experian.

• Assist in the orderly collation of vendor details and supporting documents for review by the VDD Approver.

• Support communication with business units, compliance teams, and vendor managers to obtain necessary documentation for assessments.

• Execute daily tasks such as compiling details required for the approval of due diligence deviations and maintaining organized digital files.

• Support the team in data compilation and verification to identify potential risks within the vendor supply chain.

Education/Qualification

• Currently pursuing or recently completed aBachelor's Degreein Business Administration, Finance, Law, Supply Chain Management, or a related field.

Experience/Requirements

• 6 months internship duration is preferred.

• Competency inMicrosoft Office, specificallyExcel(data sorting) andPowerPoint.

• A strong interest in or basic understanding of regulatory requirements relating to money laundering and terrorism financing.

• Working proficiency inEnglishandMalay(written and spoken).

• High level of integrity, concern for order and accuracy, and the ability to work diligently on assigned tasks.