Compliance Analyst

BANK OF TAIWAN; Singapore; On-site; SGD 60,000 - 80,000; Full time

Job summary

A prominent bank in Singapore is seeking a detail-oriented individual to join their Compliance team. Responsibilities include monitoring regulatory changes, conducting gap analyses on compliance documents, and validating customer due diligence (CDD) information. The ideal candidate will possess a university degree and strong analytical and communication skills. Previous experience in KYC or banking is advantageous, but fresh graduates are welcome to apply. This role offers a great opportunity to grow in a dynamic environment.

Qualifications

• Recognized University Degree required.
• Previous experience in KYC/client onboarding is an advantage.
• Meticulous and detail-oriented.
• Strong analytical, written, and verbal communication skills.
• Proficiency in Mandarin is an advantage.
• Previous banking experience is beneficial.
• Fresh graduates may be considered.

Responsibilities

• Monitor and report new regulatory changes.
• Conduct gap analysis on MAS Notices.
• Update SOPs and procedures for compliance.
• Perform compliance reviews and testing.
• Validate Customer Due Diligence (CDD) and KYC information.
• Advise on compliance and KYC/CDD issues.
• Assist with ad-hoc tasks.

Skills

Analytical skills

Written communication

Verbal communication

Attention to detail

Education

University Degree

Job description

Job Description

• Keep abreast with regulatory changes, and assist the Compliance Manager in managing, monitoring, and reporting new regulatory changes to local Management and Head Office.
• Conduct gap analysis on new/existing MAS Notices, Guidelines, Information papers and Circulars related to regulatory updates.
• Updating of SOPs and procedures to comply with current/new regulatory requirements.
• Perform periodic compliance reviews and/or testing for compliance monitoring purposes of policies and procedures.
• Review and validate the quality of the Customer Due Diligence (CDD) and Know Your Customer (KYC) information on the bank's customers, in line with policies, at onboarding and periodic reviews.
• Provide advice to relevant business and support functions on compliance, KYC/CDD issues.
• Other ad-hoc tasks and projects as assigned by the Compliance Manager.

Requirements

• A recognized University Degree.
• Previous experience in KYC/client onboarding/periodic review role will be an added advantage.
• Meticulous and detail oriented.
• Possess strong analytical, written, and verbal communication skills.
• Proficiency in Mandarin is an advantage as the role requires some understanding of documents in Mandarin from Head Office.
• Previous experience working in Banks will be an added advantage.
• Fresh graduate may be considered.