AML/KYC Compliance Officer (Banking/Team Lead/$10K) (ID: 687688)

PERSOL; Singapore; On-site; SGD 60,000 - 85,000; Full time

Job summary

A compliance-focused recruitment firm in Singapore is seeking a candidate for an AML/KYC compliance role. The position requires monitoring daily transaction alerts, reviewing client onboarding procedures, and preparing compliance data for regulations. Ideal candidates will have 3-5 years of experience in AML compliance, strong analytical skills, and effective communication abilities. This role offers an opportunity to work closely with various institutional stakeholders while ensuring regulatory adherence.

Qualifications

• At least 3-5 years of AML/KYC compliance experience in banks or CPA firms.
• Preferably experience in private banking or corporate banking.
• Self-starter with excellent communication skills.

Responsibilities

• Monitor daily transaction alerts and conduct investigations.
• Review client onboarding and periodic reviews for CDD.
• Prepare and validate client data for FATCA and CRS compliance.
• Support operations of AML systems and assist in audits.
• Provide AML/CFT advisory and training to staff.
• Maintain and update AML/CFT policies and procedures.

Skills

Analytical ability

Interpersonal skills

Problem-solving

Education

Degree holder

Job description

Job Description

• Monitor daily transaction alerts generated from AML systems, conduct investigations into suspicious activities, and elevate or file Suspicious Transaction Reports (STRs) as required.
• Reviewed and disposition hits from name screening tools (e.g. sanctions, PEPs, adverse media), ensuring compliance with applicable international sanctions regimes (e.g. OFAC, UN, EU).
• Review and monitor client onboarding and periodic reviews to ensure proper Customer Due Diligence (CDD), Enhanced Due Diligence (EDD) for high‑risk clients, including source of wealth/funds verification.
• Prepare and validate client data related to FATCA and CRS for reporting purposes, ensuring data integrity and regulatory compliance.
• Support the operation and enhancement of AML systems, including transaction monitoring and name screening platforms.
• Assist in the execution and periodic update of the Enterprise‑Wide Risk Assessment (EWRA), including risk identification and control evaluation.
• Maintain and update AML/CFT policies and procedures in alignment with MAS Notice 626, head‑office standards, and regulatory requirements.
• Assist in drafting and reviewing internal AML framework, policies, and procedures.
• Support regulatory submissions, respond to queries from authorities, and assist in internal/external audits, inspections, and compliance reviews.
• Provide AML/CFT advisory to business units, including sanctions, CDD documentation and requirements, control implementation and risk mitigation.
• Deliver AML/CFT training and awareness to staff across functions.
• Keep abreast of regulatory developments and assist in implementing necessary control enhancements.
• Perform all other duties as assigned by, or in the absence of, the Head or Deputy of Legal and Compliance Department.

Requirements

• Degree holder with at least 3‑5 years of AML/KYC compliance experience in banks and/or CPA firms, preferably in private banking/corporate banking.
• Self‑starter with excellent interpersonal and communication skills.
• Good analytical and problem‑solving ability.

Interested candidates who wish to apply for the advertised position, please click on ‘Apply’. We regret that only shortlisted candidates will be notified.

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