Due Diligence Analyst (6-months Contract)

StraitsX; Singapore; On-site; SGD 50,000 - 80,000; Full time

Job summary

A leading compliance firm in Singapore is looking for a Compliance Due Diligence Officer. You will conduct periodic reviews and assess compliance with internal policies and regulations, primarily for corporate clients. The ideal candidate has strong analytical skills and experience within financial institutions. Familiarity with cryptocurrencies is a plus. This role may lead to a permanent position based on performance.

Qualifications

• Strong analytical and investigative skills for risk assessment.
• Detail-oriented with a focus on compliance and accuracy.
• Effective communication skills for client interaction.

Responsibilities

• Conduct risk-based periodic reviews to ensure compliance.
• Assess potential screening hits for accuracy.
• Perform ongoing due diligence with changes in client information.

Skills

Experience in conducting periodic reviews within a financial institution

Experience in assessing screening hits for materiality and relevance

Familiarity with corporate structures and beneficial ownership

Detail-oriented with strong analytical skills

Excellent written and verbal communication abilities

Working knowledge of cryptocurrencies

Job description

About The Role

You will operate as part of the StraitsX Compliance Due Diligence Team, focusing on periodic review cases and WorldCheck One screenings. This role primarily covers corporate and institutional clients, with some exposure to individual retail clients.

Conversion to a permanent position may be considered based on individual performance, particularly demonstrated through the ability to clear cases efficiently, proactive attitude, and aptitude in acquiring crypto-related knowledge.

What You Will Do

• Conduct risk-based periodic reviews on existing clients to ensure compliance with internal policies and MAS requirements.
• Assess potential screening hits on WorldCheck One for accuracy and relevance.
• Perform ongoing due diligence when there are changes in client information, ownership structures, or adverse news.
• Support the team as needed, including but not limited to:
  • Reviewing KYC documentation and conducting risk assessments.
  • Verifying Source of Wealth/Funds.
  • Identifying and recommending appropriate account controls or restrictions to mitigate ML/TF risks posed by high-risk clients.

What We Are Looking For

• Experience in conducting periodic reviews within a financial institution.
• Experience in assessing screening hits for materiality and relevance.
• Familiarity with corporate structures, beneficial ownership, Source of Wealth/Funds, and AML/CFT red flags.
• Detail-oriented with strong analytical and investigative skills.
• Excellent written and verbal communication abilities.
• Working knowledge of cryptocurrencies is an advantage.