KYC Analyst | Banking | Contract

Manpower Singapore; Singapore; On-site; SGD 60,000 - 85,000; Full time

Job summary

Manpower Singapore is seeking a diligent KYC Associate to assist Front Office with initial client profile checks, screen against adverse news, and gather corroborating documents. The role involves cross-functional collaboration with compliance, risk management, and checker teams, and includes performing CDD/EDD for high-net-worth clients.

The ideal candidate has 2–3 years in KYC within banking/financial services, strong AML/CFT knowledge, and excellent research and analytical skills.

Qualifications

• Bachelor's degree or diploma in banking/finance or related majors.
• 2–3 years of experience in KYC within banking, financial, or insurance.
• Strong AML/CFT knowledge.
• Experience with AML monitoring and screening is a plus.
• Excellent research and analytical skills.
• Strong planning and time-management abilities.
• Strong interpersonal skills.

Responsibilities

• Assist Front Office with 1st level KYC profile checks for completeness and accuracy before approval.
• Perform name screening to identify adverse news on clients.
• Source documents, news articles, and online information to corroborate client declarations.
• Collaborate with compliance, risk management, and checker teams to ensure policy alignment.
• Conduct CDD/EDD on high net-worth clients and establish sources of wealth according to policy.
• Execute day-to-day operation tasks.
• Perform due diligence on new/existing clients, request KYC information, review and verify documents, and perform risk assessments.
• Periodically review KYC records for completeness and up-to-date status.
• Investigate high-risk clients and report where necessary, including PEPs, gathering required documents.
• Maintain ongoing contact with clients to keep files updated.
• Communicate with internal and external parties to obtain KYC documents.

Skills

Research skills

Analytical skills

Time management

Interpersonal skills

Education

Bachelor's degree in Banking/Finance

Diploma in related majors

Job description

• Assist Front Office with doing a 1st level check on KYC profiles to ensure completeness and accuracy before approval
• Perform name screening to check clients for adverse news
• Sourcing relevant documentation, news articles, and internet searches to corroborate the clients' declarations
• Collaborate with internal stakeholders, including compliance, risk management team and checker team to ensure alignment with company policies and industry best practices.
• Perform CDD/EDD review on high net-worth client and establish client's source of wealth according to company policies.
• Execute day to day operation tasks.
• Performing the due diligence on new/existing clients, requesting the KYC information, documentation, review, and verification of received documentation and making an analytical risk assessment.
• Periodically evaluate existing Clients according to established policies and procedures.
• Periodical review of KYC records as to completeness, including verifying that due diligence has been performed and that standards are complied with; also, that the files and risk assessments are current and up to date.
• Investigating high risk clients and reporting where necessary, including Politically Exposed Persons, and obtaining all necessary documentation to complete the client file.
• Maintain continuous contact with customer to keep customer file updated.
• Communicate effectively and efficiently with relevant internal and external parties to obtain KYC documents.

Job Requirement:

• Bachelor's degree or diploma in banking/ finance or in any related majors
• At least 2-3 years of experience in KYC role within the banking, financial, or insurance industry
• Good understanding of AML and Counter Financing of Terrorism (CFT) framework
• Good to have experience with AML monitoring and screening
• Excellent research and analytical skills
• Must have good planning and time management/prioritization skills
• Good interpersonal skills