KYC Control

SMBC Group; Singapore; On-site; SGD 60,000 - 80,000; Full time

Job summary

A leading financial institution in Singapore is seeking a candidate for KYC assessments. The role involves conducting daily AML assessments, reviewing updates to customer KYC information, and liaising with various departments on compliance issues. The ideal candidate should have a Bachelor's degree and at least 3 years of experience in KYC periodic review, showcasing strong analytical and communication skills. This position demands a proactive approach to risk assessment in line with AML policies.

Qualifications

• Minimum 3 years of experience in KYC periodic review as a checker.
• In-depth knowledge of MAS regulations on AML and Sanctions including KYC.
• Ability to analyze data and spot inconsistencies.

Responsibilities

• Conduct daily AML assessments for KYC reviews.
• Review updates to customer information in KYC systems.
• Liaise with Front Office and Legal & Compliance on AML issues.

Skills

Analytical skills

Communication skills

Team player

Risk assessment

Education

Bachelor's degree

Job description

Responsibilities:

• Conducting daily AML assessments of KYC reviews for existing customers, at normal and enhanced due diligence level in line with AML policies and HO memoranda.
• Reviewer for updates to customer information in KYC system.
• Interpreting and analysing KYC data to accurately risk access new and existing clients, making sound judgement calls in terms of escalation and risk mitigation.
• Conducting daily AML assessments of screening alerts in line with AML policies and HO memoranda, and to advice Front Office on issues in these reviews or transactions.
• Liaise with Front Office and Legal & Compliance departments for AML related issues.
• Any other assignments from Dept/Group Head.

Requirements:

• At least Bachelor’s degree
• At least 3 years of experience in KYC Periodic Review as a Checker for Corporate customers
• Able to link diverse information to build a full picture and spot inconsistencies
• Good knowledge of MAS regulation on AML and Sanctions requirements including KYC, Screening
• Good team player within the department and organization
• Good communications skills, hands on, independent and proactive in carrying out investigation on customers and/or transactions.
• Able to work with front office and back office