AML/KYC Compliance Officer (Team Lead, Banking, up to $10k) (ID:687688)

PERSOL; Singapore; On-site; SGD 50,000 - 80,000; Full time

Job summary

A compliance consultancy firm in Singapore is seeking an AML/KYC compliance officer to handle transaction monitoring, client onboarding, and regulatory compliance. The ideal candidate should have 3-5 years of experience in the banking sector, possess strong analytical skills, and be able to work independently and in teams. This role includes oversight of policies and training across departments.

Qualifications

• 3-5 years of AML/KYC compliance experience, preferably in banks or CPA firms.
• Strong interpersonal and communication skills.
• Strong analytical and problem-solving capabilities.
• Ability to work independently and collaboratively.

Responsibilities

• Monitor daily transaction alerts and investigate suspicious activities.
• Review alerts from name screening tools for compliance.
• Oversee client onboarding and ensure CDD and EDD.
• Validate client data in line with FATCA and CRS.
• Support and enhance AML systems.
• Assist in Enterprise-Wide Risk Assessment and control evaluation.
• Maintain AML/CFT policies and procedures.
• Draft and review internal AML frameworks.
• Respond to regulatory submissions and inquiries.
• Provide AML/CFT advisory support to business units.
• Deliver AML/CFT training and raise awareness.
• Implement regulatory control enhancements.

Skills

AML/KYC compliance experience

Interpersonal skills

Analytical skills

Problem-solving capabilities

Team collaboration

Education

Degree holder

Job description

Responsibilities

• Monitor daily transaction alerts from AML systems, conducting thorough investigations into suspicious activities.

• Review and assess alerts generated from name screening tools (e.g., sanctions, PEPs, adverse media) to ensure adherence to international sanctions regulations.

• Oversee client onboarding and periodic reviews, ensuring comprehensive Customer Due Diligence (CDD) and Enhanced Due Diligence (EDD) for high-risk clients.

• Validate and prepare client data in line with FATCA and CRS requirements, ensuring data integrity and compliance with regulatory standards.

• Support and enhance AML systems, including transaction monitoring and name screening platforms.

• Assist in the execution and periodic updates of the Enterprise-Wide Risk Assessment (EWRA), focusing on risk identification and control evaluation.

• Maintain and update AML/CFT policies and procedures in alignment with regulatory requirements and head office standards.

• Aid in drafting and reviewing internal AML frameworks, policies, and procedures.

• Support regulatory submissions and respond to inquiries from authorities, assisting in audits and compliance reviews.

• Provide AML/CFT advisory support to business units regarding sanctions, CDD documentation, control implementation, and risk mitigation.

• Deliver AML/CFT training and foster awareness among staff across various functions.

• Stay informed of regulatory changes and assist in implementing necessary control enhancements.

• Undertake additional duties as assigned by the Head or Deputy of the Legal and Compliance Department.

Requirements

• Degree holder with 3-5 years of AML/KYC compliance experience, preferably within banks or CPA firms (Big 4), with a focus on private or corporate banking.

• Self-motivated individual with strong interpersonal and communication skills.

• Strong analytical and problem-solving capabilities.

• Ability to work independently and collaboratively as part of a team.

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

EA License No.: 01C4394 (PERSOLKELLY Singapore PTE LTD)

By sending us your personal data and curriculum vitae (CV), you are deemed to consent to PERSOLKELLY Singapore Pte Ltd and its affiliates to collect, use and disclose your personal data for the purposes set out in the Privacy Policy available at https://www.persolkelly.com.sg/policies. You acknowledge that you have read, understood, and agree with the Privacy Policy.