KYC Analyst

Credence Consulting; Kuala Lumpur; On-site; MYR 60,000 - 80,000; Full time

Job summary

A financial services firm in Kuala Lumpur is seeking a KYC Specialist to join its compliance team. This role focuses on conducting due diligence, verifying customer information, and ensuring compliance with regulatory standards. The ideal candidate should have a Bachelor's degree and 2-3 years experience in KYC or compliance, along with strong analytical and communication skills.

Qualifications

• Minimum 2–3 years of experience in KYC or compliance functions within financial services.
• Good understanding of risk management principles.
• Strong analytical skills with keen attention to detail.

Responsibilities

• Perform customer due diligence (CDD) and enhanced due diligence (EDD) for new and existing clients.
• Review and validate client documentation and ensure completeness of customer files.
• Monitor and update KYC records regularly to ensure accuracy and regulatory compliance.

Skills

Due diligence

Analytical skills

Communication skills

Education

Bachelor's degree in Finance, Business, Law, or related field

Job description

We are looking for a KYC Specialist to join our compliance team. This role is responsible for conducting due diligence, verifying customer information, and ensuring compliance with regulatory standards and internal policies across our operations.

Key Responsibilities

• Perform customer due diligence (CDD) and enhanced due diligence (EDD) for new and existing clients.
• Review and validate client documentation, including identification, beneficial ownership, and source of wealth/funds.
• Updating of customer data, signing mandates and ensuring completeness of customer files.
• Monitor and update KYC records regularly to ensure accuracy and regulatory compliance.
• Position is responsible for the ongoing review of the account opening procedures and documentation updates and recommendations for process enhancements where applicable.
• Identify and escalate suspicious activities or red flags to the Compliance Manager/Officer.
• Ensure adherence to internal policies, procedures, and international best practices.
• Support internal audits, compliance reviews, and regulatory inspections by preparing relevant documentation.
• Collaborate with front office and operations teams to ensure smooth and compliant client onboarding.

Requirements

• Bachelor’s degree in Finance, Business, Law, or related field.
• Minimum 2–3 years of experience in KYC or compliance functions within financial services.
• Good understanding of risk management principles.
• Strong analytical skills with keen attention to detail.
• Excellent communication skills (written and verbal) in English; knowledge of other regional languages is an advantage.
• Ability to work independently as well as in a team environment.
• Note: Do not share bank or credit card details when applying; do not transfer money or complete suspicious online surveys. If you see something suspicious, report this job ad.