1 year contract Private Banking Compliance Senior Officer ($6000 to $6500)

Recruit Express; Singapore; On-site; SGD 80,000 - 100,000; Full time

Job summary

A leading recruitment agency is looking for a Private Banking Compliance Senior Officer in Singapore. The role includes conducting compliance assessments, remediating KYC records, and ensuring adherence to regulatory standards. Candidates should have experience in KYC compliance and strong analytical skills. This position offers a contract with a salary range of $6000 to $6500.

Qualifications

• Experience in Private Banking compliance and KYC procedures.
• Strong analytical skills for assessing client risk profiles.
• Knowledge of regulatory standards set by the Monetary Authority of Singapore.

Responsibilities

• Conduct detailed assessments and document client SoW for compliance.
• Remediate existing KYC records and implement corrective actions.
• Oversee execution of client due diligence processes.
• Lead identification and assessment of KYC-related risks.
• Develop and maintain documentation for remediation efforts.
• Perform data analysis to identify clients needing remediation.

Skills

KYC Compliance

Client Due Diligence

Risk Assessment

Data Analysis

Job description

1 year contract Private Banking Compliance Senior Officer ($6000 to $6500)

Conduct detailed assessments and clearly document client SoW to ensure compliance with CDD procedures and regulatory standards set.

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 and supporting documentations for new and existing customers 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.

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.

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.

Interested candidates please send CVs to Recruit Express Pte Ltd.

EA Licence No: 99C4599

We regret that only shortlisted candidates will be contacted.