Compliance Officer

GMP TECHNOLOGIES (S) PTE LTD; Singapore; On-site; SGD 70,000 - 90,000; Full time

Job summary

A leading technology solutions firm in Singapore is seeking a KYC Compliance Specialist for its 12-month contract role. The successful candidate will be responsible for conducting periodic reviews of client profiles, ensuring KYC compliance, and performing risk assessments. Ideal applicants should have 5-8 years of KYC or AML experience in a banking environment, along with a strong understanding of the private banking sector. This role offers the opportunity for process improvement contributions and project participation.

Qualifications

• 5-8 years of experience in KYC, AML or related roles.
• Strong understanding of private banking and wealth management.
• Experience in managing regulatory inspections.

Responsibilities

• Review client's profile for KYC compliance.
• Perform client risk assessments and due diligence.
• Conduct transaction reviews for suspicious activities.

Skills

KYC Periodic Review

AML knowledge

Risk assessment

Client onboarding

Education

Degree in relevant field

Job description

Duration: 12 Months Contract

Location: Raffles Place

Responsibilities

• Review client’s profile for the relevant periodic review period to ensure conformity to internal requirements and latest regulatory requirements on AML/CFT/CDD standards
• Ensuring completeness, consistency and accuracy of KYC information, adequacy of source of wealth (“SOW”) narrative and reasonableness of plausibility assessment
• Perform client risk assessments and due diligence analysis with focus on High/Highest risk profiles
• Assess and address incremental AML/KYC risk noted during periodic review; escalations on incremental risks noted on client profile
• Review and assess name screenings to facilitate periodic review (Google, World check, Factiva).
• Perform transaction review for all transactions occurring during the relevant periodic review period; Ensuring the transactional activities are aligned with client’s risk profile; Identify and investigate any suspicious transactions.
• Participate in projects, process improvement and discussions relating to KYC/CDD

Requirements

• 5-8 years of KYC Periodic Review/ onboarding/ SOW or AML role in a banking environment. Prior experience working in a private bank would be an advantage.
• A good degree and understanding of the Private Banking and Wealth Management industry
• Strong knowledge of the MAS 626 Notice & Guidelines
• Experience in managing AML/CFT-related regulatory inspections, external and/or internal audits and strategic projects

Email: [e-mail]

We regret that only shortlisted candidates will be notified.

GMP Technologies (S) Pte Ltd | EA Licence: 11C3793 | Charnele Tan | Registration No: R1105360