Compliance Specialist (KYC) | Contract

GMP TECHNOLOGIES (S) PTE LTD; Singapore; On-site; SGD 50,000 - 70,000; Full time

Job summary

A financial services company in Singapore is seeking a KYC Compliance Officer for a 12-month contract. Responsibilities include reviewing KYC profiles, validating client wealth sources, and analyzing risks related to ownership structures. The ideal candidate will have a Bachelor's degree in Finance, Business, or Law and 3-6 years of relevant experience in compliance roles. This position is open to Singaporeans only.

Qualifications

• 3-6 years of experience in KYC, AML, or compliance-related roles.
• Strong understanding of AML/CFT regulations and risk assessment.
• Familiarity with documentary evidence and market research.

Responsibilities

• Conduct thorough reviews and updates of KYC profiles.
• Analyze and mitigate risks related to ownership structures.
• Provide actionable guidance on KYC/CDD protocols.

Skills

KYC compliance

Risk assessment

AML/CFT regulations

Education

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

Tools

Sanction screening tools

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.
• Maintain 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