Customer Due Diligence (CDD) Analyst | Insurance | Contract

Manpower Staffing Services (Singapore) Pte Ltd; Singapore; On-site; SGD 60,000 - 90,000; Full time

Job summary

Manpower Staffing Services (Singapore) Pte Ltd in Singapore is seeking an experienced KYC/AML professional to oversee onboarding, periodic and trigger event reviews for high-net-worth individuals, trusts and corporate clients.

You will manage remediation activities, ensure adherence to timelines, and corroborate Source of Wealth and Source of Funds according to line of business procedures.

Qualifications

• 1–4 years of KYC review experience for individuals, trusts and corporate clients.
• Degree in Finance, Banking, Business Administration, Accounting, Economics or Law.
• Strong planning and organizational skills with time management.
• Ability to analyze data extraction and MI analytics to investigate issues.

Responsibilities

• Manage onboarding, periodic and trigger event reviews for HNW and complex clients.
• Supervise periodic reviews and remediation exercises, tracking timelines.
• Verify Source of Wealth and Source of Funds per procedures.
• Lead SME reviews for high net worth and complex structures.
• Provide management information on reviews and best practices.

Skills

KYC review

Regulatory compliance

MI analytics

Stakeholder management

Education

Finance degree

Job description

Job Scope

• Manage the onboarding, periodic and trigger event reviews for individuals, trust, private investment companies, and operating business customers (i.e. High-net-worth and complex structures).


• Manage periodic reviews and remediation exercises. Monitor progress and customer response and ensure adherence to timeline.


• Corroborate on the Source of Wealth and Source of Fund for insurance applicants in accordance with the prevailing prescribed line of business procedures and guidelines.


• Perform 'subject matter expert' (SME) management review of high net worth, complex structure clients and distribution experience.


• Provide regular management information (MI) on reviews and best practices.


• Maintenance of procedure manuals for 'Customer Due Diligence' and 'Know Your Customer' for onboarding, periodic and trigger event reviews.


• Participate in new process implementations aligning to the Line of Business Procedures.


• Manage and articulate audit findings from internal and external auditors and regulators.

Job Requirements

• Degree in Finance, Banking, Business Administration, Accounting, Economics, Law, or a related discipline.


• 1-4 years of experience in 'Know Your Customers' review requirements (individuals, trust, private investment companies, and operating business customers).


• Good planning and organizational skills with excellent time management and ability to prioritize.


• Methodical and lateral thinkers who can work under minimal supervision.


• Ability to manage data extraction, Management Information (MI) analytics, investigate issues and solve compliance abnormalities.


• Experienced in relationship management and collaboration with internal and external stakeholders.