1 Year Compliance Executive (Private Banking/ SOW) #NJN

Recruit Express Pte Ltd; Singapore; On-site; SGD 56,000 - 67,000; Full time

Benefits offered by this job

Annual leave 22 days

Birthday leave

Job summary

Recruit Express Pte Ltd in Singapore is seeking a KYC compliance professional to conduct detailed assessments, document client SoW, and ensure MAS-aligned controls.

You will remediate existing KYC records, perform risk-based due diligence on high-risk clients, and report remediation progress to senior management. This role offers up to SGD 5,500 monthly and benefits including 22 days annual leave plus birthday leave.

Qualifications

• Experience with KYC/AML procedures under MAS guidelines.
• Ability to document and analyse client SoW/SOW/SOF and remediation actions.
• Strong recordkeeping and remediation skills.

Responsibilities

• Conduct detailed assessments and document client SoW to MAS standards.
• Remediate existing KYC records and address documentation gaps.
• Ensure KYC per MAS standards and AML policies and procedures.
• Review CDD information for new and existing customers (periodic review).
• Oversee due diligence for client risk, including high-risk clients and PEPs.
• Identify KYC-related risks and escalate to senior management.
• Collaborate with compliance, operations, and relationship managers to remediate promptly.
• Maintain remediation documentation and track outstanding SoW verifications and resolutions.
• Perform data analysis to identify remediation needs and prioritize cases by risk.
• Prepare remediation progress reports for senior management.

Job description

Raffles Place

22 days AL + 1 birthday leave

Up to $5500

Responsibilities:

• Conduct detailed assessments and clearly documenting client SoW to ensure compliance with CDD procedures and regulatory standards set by the Monetary Authority of Singapore (MAS).
• Remediate existing KYC records related to SoW, identifying gaps in documentation and implementing corrective actions to address these issues.
• Ensure performance of KYC to the standards expected by the Monetary Authority of Singapore and in
• accordance with the bank’s AML and KYC Policies and Procedures. This includes reviewing and checking for completeness of CDD information (including SOW/SOF) and supporting documentations for new and existing customers (periodic review) and performing risk assessments in line with the bank’s AML and KYC Policies and Procedures.
• Oversee the execution of client due diligence processes, ensuring thorough assessments of client risk profiles. Ensure that appropriate enhanced due diligence is performed on high-risk clients, including politically exposed persons (PEPs) and clients from high-risk jurisdictions.
• Lead the identification and assessment of potential KYC-related risks associated with new and existing clients. Implement appropriate risk mitigation strategies and elevate issues as necessary to senior management.
• Collaborate with internal stakeholders, including compliance, operations, and relationship managers, to ensure effective remediation are executed promptly.
• Develop and maintain documentation related to remediation efforts, including tracking the status of outstanding SoW verifications and resolutions.
• Perform data analysis to identify clients requiring remediation and prioritize cases based on risk levels.
• Prepare and submit reports on remediation progress and outcomes to senior management

Jessica Nguyen Huynh Thanh Truc

CEI Reg. R23113787

EA License No. 99C4599

We regret that only shortlisted candidates will be notified.