KYC Analyst

Percept Solutions; Singapore; On-site; SGD 60,000 - 80,000; Full time

Job summary

A financial services firm in Singapore is seeking a diligent KYC Analyst to conduct thorough client reviews and ensure compliance with anti-money laundering (AML) standards. The successful candidate will have at least 3-5 years of experience in the private banking sector. Responsibilities include analyzing client onboarding documents, assessing risks, and collaborating with compliance teams. This full-time role is ideal for those with strong analytical skills and a deep understanding of KYC processes.

Qualifications

• 3-5 years of experience in AML/KYC within the private banking sector.
• Comprehensive knowledge of client onboarding processes in Singapore or Hong Kong.
• Strong understanding of the AML/CFT framework.

Responsibilities

• Conduct in-depth KYC reviews for client onboarding.
• Analyze and approve client onboarding documents.
• Perform continuous client risk assessments.

Skills

Analytical skills

Attention to detail

Communication skills

Education

University degree in Accountancy, Finance, or related field

Tools

MS Excel

MS Word

MS PowerPoint

Job description

We are seeking a diligent and detail-oriented KYC Analyst to join our Private Banking team. The successful candidate will be responsible for conducting thorough client reviews, ensuring compliance with anti-money laundering (AML) standards and client onboarding processes. This role demands a deep understanding of regulatory requirements and the ability to identify and manage risks associated with private banking clients.

Responsibilities

• Conduct in-depth KYC (Know Your Customer) reviews as part of the client onboarding and accounts approval processes in the private banking sector.
• Analyze and approve client onboarding documents, ensuring compliance with the regulations.
• Identify and assess risks related to politically exposed persons (PEP), sanctions, and reputational issues.
• Perform continuous client risk assessments and monitor transactions to identify suspicious activities.
• Work collaboratively with compliance teams to ensure all private banking operations adhere to AML/CFT (Anti-Money Laundering/Countering the Financing of Terrorism) frameworks.
• Utilize office automation tools such as MS Excel, MS Word, and MS PowerPoint to create reports and presentations for internal and external stakeholders.
  
  

Requirements

• A university degree in Accountancy, Finance, Business Administration, or a related field; higher education is advantageous.
• At least 3-5 years of experience in AML/KYC within the private banking sector, including a minimum of 2 years in an accounts approval role.
• Comprehensive knowledge of client onboarding processes in Hong Kong and/or Singapore, including Source of Wealth (SoW), Source of Funds (SoF), and purpose of accounts.
• Strong understanding of the AML/CFT framework, particularly in relation to private banking.
• Proficiency in MS Office tools (Excel, Word, PowerPoint) and familiarity with other office automation software.
  
  

Preferred Skills

• Excellent analytical and decision-making skills.
• Strong communication and interpersonal skills, capable of working effectively with clients and team members.
• Proactive in identifying and resolving issues.
  
  

To apply please click the Apply button or send us your updated profile to [e-mail]

EA Licence No.:18S9405 / EA Reg. No.:R1330864

Percept Solutions is undergoing a growth phase and are on the lookout for talent. Applicants are encouraged to follow Percept Solutions on LinkedIn @ https://www.linkedin.com/company/percept-solutions/ to stay up to date on our upcoming roles and events.

Seniority level

• Seniority level

  Mid-Senior level

Employment type

• Employment type

  Full-time

Job function

• Job function

  Finance and Sales

• Industries

  IT Services and IT Consulting

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