Due Diligence Compliance Manager

BANK OF CHINA LIMITED; Singapore; On-site; SGD 70,000 - 100,000; Full time

Job summary

A leading bank seeks a dedicated KYC/AML Specialist to join their team in Singapore. The role requires reviewing client onboarding processes, providing AML advisories, delivering training, and ensuring compliance with internal and external standards. Candidates should possess a degree and at least 5 years of relevant experience.

Qualifications

• At least 5 years’ experience in a similar capacity.
• Strong analytical and clear thought process abilities.
• Able to understand Chinese / Mandarin.

Responsibilities

• Review high-risk onboarding and periodic KYC reviews.
• Provide advisories on AML/KYC escalations.
• Monitor branchwide KYC reviews.

Skills

Analytical skills

Communication skills

Initiative

Teamwork

Education

University degree

Job description

Job Description:

1. Review high risk on-boarding, periodic and trigger reviews for Individuals (Retail, Private Banking and Card Centre)
2. Provide advisories to front line and relevant stakeholders on AML/ KYC escalations;
3. Participate in the development and delivery of AML/ Sanction related training for Branch staff;
4. Participate in KYC related system enhancement (Internal/External);
5. Monitoring of branchwide KYC reviews to ensure no overdue case;
6. Process Production Orders received from authorities and implement appropriate measures;
7. Review internal blacklist and sanctions daily screenings to ensure no overdue and trigger reviews or file STR where necessary
8. To perform quarterly checks on Individual customer base (e.g Whitelist, Grey list, Open cases)
9. To review the Variation scan and close off in a timely manner

Job Requirements:

1. A university degree with at least 5 years’ experience in a similar capacity
2. Good working knowledge of the different business segments (Retail/Private Bank/Card Business)
3. Strong analytical and clear thought process abilities
4. Self-driven with high level of initiative and follow-through skills.
5. Good written and communication skills with ability to develop a strong working partnership with external and internal stakeholders
6. Able to understand Chinese / Mandarin in order to communicate with Chinese speaking counterparts in Head Office.
7. Team player and demonstrated ability to manage multiple tasks and work independently
8. Exhibit timeliness, responsibility and is dependable in all work assigned