AVP, KYC CDD (Onboarding team)

The Japan Research Institute, Limited (Singapore Branch); Singapore; Hybrid; SGD 60,000 - 90,000; Full time

Job summary

The Japan Research Institute, Limited (Singapore Branch) is seeking a diligent KYC/AML specialist to perform due diligence, supervise document collection, and validate eKYC data for advisory deals in Singapore. You will work closely with deal teams to resolve procurement issues and ensure compliance with regulatory standards.

The role requires a degree related to finance or compliance, familiarity with MAS Notice 626, and strong communication skills to interact with internal and external

Qualifications

• Bachelor’s degree with KYC/AML relevance preferred.
• AML certifications would be an added advantage.
• Familiar with MAS Notice 626.

Responsibilities

• Perform preliminary due diligence checks for deal teams on new potential deals.
• Engage with deal teams to understand and troubleshoot document procurement issues.
• Draw ownership, transaction, and funds flow structures from client documents.
• Review KYCs for completeness and regulatory/internal certification standards.
• Conduct varied due diligence on clients across external/internal platforms.
• Provide mitigations and risk assessments; validate data inputs on eKYC.
• Raise memos for exceptional handling and trigger events, including existing clients.

Skills

Meticulous

Proactive

Organized

Motivated

Team player

Multitasking

Prioritization

Interpersonal skills

Effective communication

Education

Bachelor’s Degree with experience in corporate/project finance KYCs preferred

Tools

Microsoft Office

Internet search tools

Job description

Select how often (in days) to receive an alert:

Responsibilities

• Perform preliminary due diligence checks for deal teams for new potential deals.
• Engage in discussions with deal teams to understand and help to troubleshoot on issues that may arise during the document procurement process.
• Drawing up ownership structures, transaction structures and funds flow structures from documents provided by clients.
• Review and ensure documents collected for KYCs are complete and properly certified in accordance with regulatory and internal requirements.
• Perform various due diligence checks on clients on external and internal platforms and databases.
• In addition to providing adequate mitigations and thorough risk assessments, ensure accurate data inputs on eKYC and conduct independent validation on documents provided by clients.
• Raise exceptional handling memos where required. Conduct risk assessments to address on trigger events and/or adverse news (among others) as well as memos for existing clients applying for new facilities.
• Raise preliminary assessment memo for deferred completion of KYC for advisory transactions.
• Conduct annual KYC reviews/ trigger reviews within stipulated due dates and with minimal reworks.
• Review daily AML alerts escalated to the department and ensure prompt and timely closure of alerts.
• Provide support on other AML/ KYC related matters as may be required for any other reports/projects/duties as well.

Requirements

• Bachelor’s Degree with experience in corporate/project finance KYCs preferred.
• Certifications in AML would be an added advantage.
• Familiar with regulatory requirements pertaining to KYC/ AML eg MAS Notice 626.
• Meticulous, proactive, organized and motivated.
• Team player who is able to multi-task and prioritize work.
• Possess good interpersonal skills and communicate effectively with internal and possibly external customers.
• Proficient in Microsoft Office applications and internet search tools.