AVP, KYC Operations Team Lead (Prime Brokerage)

Maybank Investment Banking Group; Singapore; On-site; SGD 120,000 - 170,000; Full time

Job summary

Maybank Securities in Singapore seeks an AVP – KYC Operations Team Lead to drive onboarding and due diligence for Prime Brokerage clients, including complex fund structures. You will oversee KYC reviews, risk assessments, and escalation on AML matters, coordinating with Front Office, Compliance, Legal, Tax and Operations to ensure timely account activation.

You will lead a team, monitor onboarding pipelines and QA outcomes, and contribute to process improvements while upholding regulatory

Qualifications

• Over 5 years of relevant experience in KYC/CDD or client onboarding.
• Strong understanding of fund structures and regulatory requirements.
• Experience conducting KYC reviews and risk assessments.
• Attention to detail and analytical mindset.
• Excellent communication with internal and external stakeholders.

Responsibilities

• Lead end-to-end onboarding of complex fund structures for Prime Brokerage clients.
• Review fund documents and perform KYC/CDD on structures.
• Prepare Source of Wealth assessments and corroborate wealth information.
• Escalate AML issues and coordinate across Front Office, Compliance, Legal, Tax and Operations.
• Ensure timely account activation and adherence to SLAs.
• Monitor team performance and provide QA feedback.

Skills

KYC/CDD

Onboarding

Team leadership

Regulatory compliance

AML guidelines

Job description

Maybank Securities, a leading brokerage and investment bank with a reach extending across ASEAN, the UK and the US, offers a comprehensive suite of services. These include corporate finance & advisory, navigating debt and equity capital markets, derivatives trading, brokerage and research for both retail and institutional investors, and prime brokerage.

Job Description

The AVP, KYC Operations Team Lead is responsible for leading the onboarding and due diligence of Prime Brokerage clients, including complex fund structures such as hedge funds, VCCs, trusts, partnerships and SPVs, while providing oversight and quality assurance over the team's KYC reviews and risk assessments. The role serves as the primary escalation point for onboarding and AML-related matters, partnering with Front Office, Compliance, Legal, Tax and Operations teams to ensure timely account activation and compliance with regulatory requirements. Through effective team leadership, risk management and operational excellence, the role supports business growth, client acquisition and the firm's financial crime and regulatory obligations.

Responsibilities:

• Manage the end-to-end onboarding of complex fund structures, including umbrella funds, master-feeder structures, VCCs, SPVs, trusts and partnerships
• Review fund constitutional and offering documents, including prospectuses, offering memoranda, partnership agreements, trust deeds and subscription documents
• Perform KYC/CDD on fund structures, identifying beneficial owners, controlling persons, fund managers, general partners, trustees and authorised signatories
• Prepare comprehensive Source of Wealth (SOW) assessments and independently corroborate wealth information using documentary evidence and external reliable sources.
• Review CRS, FATCA and tax documentation to determine fund classifications and reporting obligations.
• Review and approve KYC/CDD assessments completed by team members, ensuring adherence to internal policies, regulatory requirements, and quality standards.
• Conduct name screening, background checks and risk assessments in accordance with internal AML/CFT/CPF guidelines
• Escalate complex ownership structures, AML concerns and regulatory risks for further review and approval.
• Act as team’s escalation contact for onboarding cases, coordinating with Front Office, Compliance, Legal, Tax and Operations teams to facilitate account opening
• Track onboarding pipelines and manage outstanding documentation to ensure timely account activation and client readiness.
• Conduct regular quality assurance reviews and provide constructive feedback to enhance technical competency, accuracy, and consistency across the team.
• Participate in process improvement discussions and contribute ideas to enhance operational efficiency
• Support management reporting by providing updates on team performance, onboarding metrics, key risks, escalations, and capacity planning.
• Above 5 years of relevant experience in KYC/CDD or client on boarding
• Good understanding of investment fund structures, including hedge funds, mutual funds, fund-of-funds, VCCs, private funds, trusts and SPVs
• Experience performing KYC reviews and analysing complex ownership and control structures to identify beneficial owners, controlling persons and authorised signatories
• Knowledge of fund and account opening documentation, including offering memoranda, partnership agreements, trust deeds, board resolutions and constitutional documents
• Monitor team productivity, onboarding volumes, and turnaround times, ensuring timely completion of account opening requests and achievement of service level commitments.
• Mature, strong attention to detail, analytical mindset and problem-solving ability with excellent interpersonal skills and a compliance-oriented attitude
• Effective communication skills and willingness to liaise with both clients and internal stakeholders

We regret that only short-listed candidates will be notified.