Compliance Officer

GMP TECHNOLOGIES (S) PTE LTD; Singapore; On-site; SGD 60,000 - 90,000; Full time

Job summary

A leading financial services firm in Singapore is seeking a KYC Compliance Officer for a 12-month contract. The role involves reviewing client profiles, assessing risks, and ensuring compliance with regulatory requirements. Candidates should have 5-8 years of experience in KYC or AML within a banking environment, a strong understanding of the Private Banking industry, and familiarity with MAS regulations. This position offers an opportunity to work on strategic projects while participating in compliance efforts.

Qualifications

• 5-8 years of experience in KYC Periodic Review, onboarding, SOW, or AML role.
• Strong knowledge of MAS 626 Notice & Guidelines.
• Experience managing AML/CFT-related regulatory inspections.

Responsibilities

• Review client’s profile to ensure conformity to internal and regulatory requirements.
• Perform client risk assessments and due diligence analysis.
• Investigate suspicious transactions.

Skills

KYC Periodic Review

AML knowledge

Due Diligence

Private Banking

Project Management

Compliance

Education

Degree in a relevant field

Tools

Microsoft Excel

Microsoft Word

Job description

Roles & Responsibilities

Duration: 12 Months Contract

Location: Raffles Place

• 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.

• Front Office
• Microsoft Excel
• Due Diligence
• Know Your Client - KYC
• Private Banking
• Compliance
• Project Management
• Audits
• Team Lead
• Banking
• AML
• Excel
• Microsoft Word
• Regulatory Requirements
• Screening
• Audit

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