Associate, KYC Remediation ( 1 year contract )

UOB Kay Hian Pte Ltd; Singapore; On-site; SGD 50,000 - 65,000; Full time

Job summary

A financial institution in Singapore is seeking a KYC Specialist for a 12-month contract role. Responsibilities include managing KYC information, performing AML risk assessments, and ensuring compliance with regulatory standards. The ideal candidate will have at least 2 years of AML/KYC experience, excellent attention to detail, and a strong understanding of regulatory requirements. Potential for contract conversion/extension is available.

Qualifications

• At least 2 years of AML/KYC working experience.
• Knowledge of regulatory requirements and KYC procedures.
• Ability to manage high volumes of documentation.

Responsibilities

• Manage and review KYC information for client onboarding.
• Perform AML Risk Assessment during onboarding and reviews.
• Ensure compliance with AML/KYC standards and procedures.

Skills

AML/KYC experience

Attention to detail

Regulatory knowledge

Education

Diploma/Degree

Job description

Responsibilities

• Responsible in managing, processing and reviewing the KYC information and documents for client on-boarding or periodic review

• Follow thoroughly the CDD and KYC review with relevant parties e.g. external and internal stakeholders to facilitate the collection of KYC and relevant documents including tax information/documents and ensuring clients are onboarded or accountinformation are refreshed/updated in accordance with the company’s AML/KYC standards

• Perform AML Risk Assessment on both account opening and periodic reviews of existing relationships. This includes reviewing the adequacy of SOW/SOF corroboration and identifying any AML risk

• Adhering to Company’s Standard Operating Procedures and keep abreast of changes to any regulatory requirements on AML/CFT and identify risk mitigates

• Ensuring established policies, procedures and processes are compliant with new requirements/changes and consistency of workflows amongst team members

• Participate in quality assurance processes for completed KYC profiles, ensuring all activities are documented and completed within designated deadlines.

• Assist with various ad-hoc regulatory-driven projects, process improvement initiatives, and general administrative/operational tasks as required by management.

Requirements

• Diploma/Degree with at least 2 years of AML/KYC working experience preferably from financial institution sectors

• Knowledge on regulatory requirements/guidelines and KYC procedures and corroboration of SOW/SOF for high-net-worth clients will be an advantage

• Must be comfortable with high volume of documentation and paperwork

• Accuracy, meticulous, attention to detail and able to multitask and complete tasks under tight deadline

• Able to work extended hours when required

• Adaptable, organized and has positive work attitude

Additional Information

This is a 12 months contract role with potential for conversion/extension.