Compliance Specialist (KYC) | Contract

GMP TECHNOLOGIES (S) PTE LTD; Singapore; On-site; SGD 60,000 - 80,000; Full time

Job summary

A financial institution in Singapore is seeking a KYC Analyst to conduct thorough reviews and updates of client KYC profiles. The candidate will validate sources of wealth, monitor transactions, and provide guidance on KYC/CDD protocols. A Bachelor's degree and relevant experience in compliance are required. This role offers a 12-month contract with competitive compensation.

Qualifications

• 3 – 6 years of experience in KYC, AML, or compliance-related roles within financial institutions.
• Strong understanding of AML/CFT regulations, customer due diligence (CDD), and risk assessment.
• Familiarity with sanction screening tools and investigative research.

Responsibilities

• Conduct thorough reviews and updates of KYC profiles.
• Validate clients' Source of Wealth using documentary evidence and market research.
• Monitor client transactions to ensure they fit established risk profiles.
• Manage sanction screening alerts and address AML/CFT concerns.

Skills

KYC review and compliance

Regulatory knowledge

Risk assessment

Sanction screening

Education

Bachelor's degree in Finance, Business, Law, or a related discipline

Job description

Location: East/Central

Duration: 12 Month Contract | Private Bank

Responsibilities

• Conduct thorough reviews and updates of KYC profiles to align with the latest regulatory and internal compliance standards.
• Validate clients\' Source of Wealth using a mix of documentary evidence, contextual understanding, and market research.
• Analyze and mitigate risks related to complex ownership structures and legal entities.
• Monitor client transactions to ensure they fit established risk profiles; promptly flag and investigate any suspicious or unusual activities, especially those involving unknown third parties.
• Manage sanction screening alerts by investigating true matches and addressing AML/CFT concerns from name and media checks.
• Identify emerging risk trends or unusual transaction patterns and escalate them swiftly to the appropriate teams.
• Maintain detailed documentation of all reviews, findings, and decision-making processes to support audit and regulatory requirements.
• Ensure cases are resolved accurately and within agreed timelines, maintaining quality and compliance standards.
• Provide clear and actionable guidance to front office personnel on KYC/CDD protocols.
• Collaborate with management and risk committees by delivering insightful risk assessments on client relationships related to AML/CFT.
• Proactively identify process gaps and contribute ideas for improving controls and operational workflows

Requirements

• Bachelor\'s degree in Finance, Business, Law, or a related discipline.
• 3 – 6 years of experience in KYC, AML, or compliance-related roles within financial institutions.
• Strong understanding of AML/CFT regulations, customer due diligence (CDD), and risk assessment.
• Familiarity with sanction screening tools and investigative research.

Email: [e-mail]

This Singapore-based position is opened to Singaporeans only.

We regret that only shortlisted candidates will be notified.

GMP Technologies (S) Pte Ltd | EA Licence: 11C3793 | Nurul Amirah | Registration No: R22108940