Contract CDD KYC Officer

HR-PRO RECRUITMENT SERVICES PTE. LTD.; Singapore; On-site; SGD 45,000 - 62,000; Full time

Job summary

HR-PRO RECRUITMENT SERVICES PTE. LTD. is seeking a KYC/AML analyst to support deal teams with due diligence, document procurement, and risk assessments in Singapore.

The role involves reviewing KYC packages, ensuring regulatory compliance, and performing annual reviews while coordinating with cross-functional teams. A bachelor’s degree and 1+ year of KYC experience are preferred.

Qualifications

• Bachelor’s degree preferred with experience in corporate/project finance KYCs.
• At least 1 year of experience in KYC review for corporates.
• AML certifications would be an added advantage.
• Familiar with regulatory requirements for KYC/AML e.g. MAS Notice 626.
• Meticulous, proactive, organized and motivated.
• Team player capable of multi-tasking and prioritizing.

Responsibilities

• Perform preliminary due diligence checks for deal teams for new potential deals.
• Engage with deal teams to understand and troubleshoot issues in document procurement.
• Draw ownership structures, transaction structures and funds flow structures from client documents.
• Review KYC documents for completeness and certification per regulatory/internal requirements.
• Conduct due diligence checks on clients using external and internal platforms/databases.
• Mitigate risks and validate data inputs on eKYC; independently validate client documents.
• Raise memos for exceptional handling and assess trigger events/adverse news for existing clients.
• Prepare preliminary assessment memo for deferred KYC completion for advisory transactions.
• Perform annual KYC reviews/trigger reviews within deadlines with minimal rework.
• Review daily AML alerts and ensure timely closure; provide AML/KYC support as required.

Skills

KYC experience

Regulatory awareness

Attention to detail

Education

Bachelor’s Degree in a relevant field

Job description

Responsibilities:

• Perform preliminary due diligence checks for deal teams for new potential deals.
• Engage in discussions with deal teams to understand and help to troubleshoot on issues that may arise during the document procurement process.
• Drawing up ownership structures, transaction structures and funds flow structures from documents provided by clients.
• Review and ensure documents collected for KYCs are complete and properly certified in accordance with regulatory and internal requirements.
• Perform various due diligence checks on clients on external and internal platforms and databases.
• In addition to providing adequate mitigations and thorough risk assessments, ensure accurate data inputs on eKYC and conduct independent validation on documents provided by clients.
• Raise exceptional handling memos where required. Conduct risk assessments to address on trigger events and/or adverse news (among others) as well as memos for existing clients applying for new facilities.
• Raise preliminary assessment memo for deferred completion of KYC for advisory transactions.
• Conduct annual KYC reviews/trigger reviews within stipulated due dates and with minimal reworks.
• Review daily AML alerts escalated to the department and ensure prompt and timely closure of alerts.
• Provide support on other AML/ KYC related matters as may be required for any other reports/ projects/ duties as well.

Requirements:

• Bachelor’s Degree with experience in corporate/ project finance KYCs preferred.
• Experience - at least one year of relevant experience in KYC review for corporates.
• Certifications in AML would be an added advantage.
• Familiar with regulatory requirements pertaining to KYC/ AML e.g. MAS Notice 626.
• Meticulous, proactive, organized and motivated.
• Team player who is able to multi-task and prioritize work.