Contract KYC Analyst (Private Banking)

HR-PRO RECRUITMENT SERVICES PTE. LTD.; Singapore; On-site; SGD 60,000 - 90,000; Full time

Job summary

A recruitment services company in Singapore is seeking a KYC and Due Diligence Specialist to manage client onboarding and compliance. Responsibilities include conducting thorough due diligence, supporting onboarding processes for high-net-worth clients, and ensuring adherence to AML regulations. Ideal candidates will have 2–4 years of KYC experience, strong communication skills, and proficiency in Microsoft Office. This role offers growth opportunities in the financial services sector.

Qualifications

• 2–4 years of KYC/AML experience, preferably in private banking or wealth management.
• Experience in Source of Wealth corroboration.
• Ability to work independently and manage high volumes under tight deadlines.

Responsibilities

• Conduct thorough KYC due diligence on new clients.
• Act as the key point of contact for Relationship Managers during onboarding.
• Ensure compliance with AML laws and internal policies.
• Propose improvements to the onboarding workflow.

Skills

KYC/AML experience

Stakeholder management

Time management

Interpersonal skills

Communication skills

Education

Bachelor’s degree in business, Finance or related field

Tools

Microsoft Office

Avaloq

CRM tools

Job description

Responsibilities:

KYC and Due Diligence

• Conduct thorough KYC due diligence on new individual and corporate clients.
• Review and validate client documents (passports, proof of address, corporate documents, trust deeds, source of wealth statements, etc.).
• Perform background screening using internal tools and third-party databases.
• Identify and escalate any potential red flags (e.g., PEPs, sanctions exposure, adverse media hits).

Client Onboarding Support

• Act as the key point of contact for Relationship Managers during the onboarding process.
• Guide front office teams on KYC requirements and ensure complete and accurate submissions.
• Ensure timely onboarding of clients while maintaining compliance with internal SLAs.

Data Entry and System Management

• Accurately input and maintain client data in internal systems (e.g., Avaloq, CRM tools).
• Update client KYC profiles and risk ratings during the onboarding process.

Risk and Compliance Control

• Ensure that all onboarding activities comply with AML laws, FATCA/CRS requirements, sanctions rules, and internal policies.
• Support periodic quality assurance reviews and internal/external audits related to onboarding and KYC files.
• Maintain strong records and audit trails for all KYC and onboarding actions.

Process Improvement

• Propose improvements to the onboarding workflow to enhance efficiency and client experience.
• Participate in projects related to onboarding process upgrades or regulatory changes.

Requirements:

• Bachelor’s degree in business, Finance or related field.
• 2–4 years of KYC/AML experience, preferably within private banking or wealth management.
• Experience in Source of Wealth corroboration.
• Experience with onboarding high-net-worth (HNW) and ultra-high-net-worth (UHNW) clients is a plus.
• Good stakeholder management skills.
• Strong time management, organizational, planning and follow-up skills.
• Ability to work independently and manage high volumes under tight deadlines.
• Strong interpersonal and communication skills to work with front office and compliance teams.
• Proficiency with Microsoft Office and familiarity with banking platforms and screening tools.