Compliance Officer (KYC)

TALENTVIS SINGAPORE PTE. LTD.; Singapore; On-site; SGD 70,000 - 120,000; Full time

Job summary

TALENTVIS SINGAPORE PTE. LTD. in Singapore is seeking a Compliance Specialist to support the KYC/CDD function within the Compliance Department. You will review high-risk client relationships and provide advisory to the business on regulatory requirements.

The role focuses on MAS Notice 626 compliance, review of SoW, documentation, and timely escalation of suspicious activities, with close collaboration across Front Office and Internal Units.

Qualifications

• 3+ years total experience in financial services.
• Minimum 2 years AML/KYC/CDD experience.
• Good working knowledge of MAS regulatory requirements, MAS Notice 626 and guidelines.
• Knowledge of sanctions and AML/CFT requirements.
• ACAMS/ICA certifications would be an advantage.

Responsibilities

• Conduct KYC/CDD reviews for high-risk clients, ensuring MAS and internal policy compliance.
• Assess client profiles for money laundering, financing, and reputational risks.
• Review SoW information and supporting documentation.
• Ensure KYC/CDD records are complete and reports are prepared.
• Provide KYC/CDD advisory to Front Office and other teams, incl. FATCA/CRS.
• Identify and escalate suspicious activities and transactions.

Skills

KYC/CDD

AML knowledge

Analytical ability

Regulatory research

Communication

Education

ACAMS certification

ICA certification

Job description

About the Opportunity

Our client is an established Asian bank with a growing presence in the region. They are looking for a Compliance Specialist to join their Compliance Department, supporting the KYC/CDD function.

This role will focus on reviewing higher-risk client relationships, providing KYC/CDD advisory to the business, and ensuring that client onboarding and ongoing reviews are conducted in line with regulatory and internal requirements.

Key Responsibilities

• Conduct KYC/CDD reviews for new and existing high-risk clients , ensuring compliance with the Bank's internal policies, procedures and applicable MAS requirements, including MAS Notice 626 and relevant guidelines.
• Assess client profiles and identify potential money laundering, terrorism financing, proliferation financing and reputational risks arising from client relationships.
• Review and evaluate Source of Wealth (SoW) information , including the adequacy of supporting documentation and corroboration provided by the Front Office.
• Ensure appropriate KYC/CDD documentation and supporting evidence are obtained, properly recorded and maintained, and prepare relevant compliance reports.
• Work closely with Front Office and other Business Units to provide KYC/CDD advisory , including matters relating to FATCA and CRS .
• Identify and assess potentially suspicious activities or transactions arising during KYC reviews and support the timely escalation and reporting of suspicious transactions where required.
• Support the preparation of daily and monthly AML-related reports , as well as monitoring KYC review completion, transaction history reports and CDD tracking.
• Assist in delivering KYC/CDD briefings and training to relevant Business Units.
• Support internal and external audit requirements, including document retrieval, information requests and preparation of relevant statistics or reports.
• Keep abreast of developments relating to AML/CFT, sanctions, financial crime risks, regulatory requirements, industry practices, criminal typologies and emerging trends .
• Identify opportunities to enhance existing KYC/CDD processes and controls and contribute to compliance-related improvement initiatives.
• Undertake other compliance-related or ad hoc responsibilities as required.

Requirements

• Degree or relevant tertiary qualification, with at least 3 years of total experience in the financial services industry .
• Minimum 2 years of relevant experience in AML, KYC and/or CDD .
• Good working knowledge of MAS regulatory requirements , particularly MAS Notice 626 and the relevant guidelines and industry best practices.
• Knowledge and exposure to sanctions, financial crime investigations and AML/CFT requirements .
• Strong research, analytical and assessment skills, with a meticulous approach to reviewing client information and preparing quality reports.
• Able to manage multiple priorities effectively and deliver work within established deadlines.
• Good written and verbal communication skills, with the ability to engage effectively with Business Units and internal stakeholders.
• A proactive, diligent and resilient team player who is able to work independently and take ownership of assigned responsibilities.
• ACAMS or ICA certification would be an advantage.
• Candidates with relevant KYC/CDD, AML, sanctions or financial crime compliance experience within a banking or financial services environment are encouraged to apply.

We regret to inform that only shortlisted candidates would be notified