1 Year Contract Private Banking KYC Analyst

Recruit Express; Singapore; On-site; SGD 100,000 - 125,000; Full time

Job summary

A banking institution is seeking a KYC Analyst for a 1 Year Contract in Singapore. The role involves ensuring timely onboarding and compliance for new clients, with a salary range of S$6,000 to S$8,000 monthly. Ideal candidates will have 6 to 8 years of relevant experience in Private Banking and strong knowledge of AML/CFT standards.

Qualifications

• 6 to 8 years of relevant Compliance/KYC/CDD experience in the Private Banking Space.

Responsibilities

• Support front office in client onboarding, ensuring compliance.
• Review documentation for completeness and accuracy.
• Coordinate with compliance and other control functions.

Skills

AML/CFT compliance

KYC documentation

Risk assessment

Client onboarding

Regulatory familiarity

Education

Diploma or Degree in relevant discipline

Job description

1 Year Contract Private Banking KYC Analyst

Our client is a bank.

Job Description:

• Responsible for supporting the front office in ensuring timely and compliant onboarding of new clients
• Well-versed in AML/CFT and CDD standards, and familiar with the documentation and regulatory requirements for Private Wealth account types
• Review and assess onboarding documentation to ensure completeness, accuracy, and compliance with MAS regulations and internal policy standards
• Identify and elevate any deficiencies or red flags in client KYC, source of wealth, and background information
• Liaise with Relationship Managers to clarify submissions and obtain supporting documentation where required
• Provide guidance to RMs on KYC requirements and support them in meeting submission standards
• Ensure proper risk classification based on client profile, SoW, and overall risk factors
• Coordinate with Financial Crime Compliance and other control functions
• Monitor onboarding turnaround time and ensure cases are processed within SLA
• Support internal projects and initiatives related to onboarding process enhancements, checklist updates, and policy changes
• Ensure proper documentation and record-keeping to support audit readiness and regulatory inspections
• Collaborate effectively with both front office and control functions

Job Requirements:

• Diploma or Degree in any relevant discipline
• 6 to 8 years of relevant Compliance/KYC/CDD experience in the Private Banking Space
• Salary ranges between S$6,000 to S$8,000 per month

Please send your application directly via *******@recruitexpress.com.sg for a faster response.

Only shortlisted candidates will be notified.

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