AVP, KYC Control Team

SMBC Group; Singapore; On-site; SGD 70,000 - 90,000; Full time

Job summary

A leading financial institution in Singapore is seeking an experienced compliance officer specializing in AML and KYC. The ideal candidate will conduct AML assessments and KYC reviews for corporate clients, ensure adherence to regulatory guidelines, and act as a subject matter expert in AML issues. Applicants should possess a Bachelor's degree and have at least 3 years of relevant experience, demonstrating strong analytical and communication skills, with a proactive approach to investigations.

Qualifications

• 3+ years of experience in KYC Periodic Review as a Checker for Corporate customers.
• Good knowledge of MAS regulation on AML and Sanctions requirements including KYC, Screening.
• Able to link diverse information to build a full picture and spot inconsistencies.

Responsibilities

• Conduct daily AML assessments and approve KYC reviews.
• Function as a subject matter expert on AML related issues.
• Liaise with Front Office and Legal & Compliance departments.

Skills

Analytical skills

Communication skills

Team player

Proactive investigation

Education

Bachelor's degree

Job description

Responsibilities

• Conducting daily AML assessments and approval of KYC reviews for new and existing customers, at normal and enhanced due diligence level in line with AML policies and HO memoranda.
• Reviewer and approver for updates to customer information in KYC system.
• Interpreting and analysing KYC data to accurately risk assess 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 advise Front Office on issues in these reviews or transactions.
• Function as a subject matter expert on AML related issues, providing guidance to others where required, providing advice on customer due diligence that is risk based and proportionate, in accordance with regulatory guidance.
• Embed and improve the client screening process and adapt it to new technology as required.
• Liaise with Front Office and Legal & Compliance departments for AML related issues.
• Participation in ad hoc and project work as required.
• Conduct study meeting to other sections on AML related matters.
• 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