KYC Analyst (Private Banking)

AMBITION GROUP SINGAPORE PTE. LTD.; Singapore; On-site; SGD 50,000 - 70,000; Full time

Job summary

A recruitment consultancy in Singapore seeks a KYC Officer to oversee account opening and review processes, ensuring compliance with AML/KYC standards. The role requires prior experience in KYC and SOW corroboration, and responsibilities include managing KYC information and preparing reports for management. Interested applicants should send their resumes to the specified contact.

Qualifications

• Prior experience in KYC and SOW corroboration.

Responsibilities

• Ensure that the onboarding and review requirements are in accordance with Bank’s AML/KYC standards.
• Ensure the relevance and completeness of KYC information in partnership with the RM.
• Review and corroborate KYC information submitted by RM.
• Assist RM in completing the Client Acceptance Form and related checklists.
• Oversee end-to-end account opening/review process.
• Escalate any red flags/alerts timely.
• Prepare reports for management reporting.
• Provide feedback and suggestions for process improvement.
• Responsible for implementation of operational permanent control policies.
• Perform any other ad-hoc duties as assigned.

Job description

Job Duties

Account Opening / Account Review

• Ensure that the onboarding and review requirements are in accordance with Bank’s AML/KYC standards and regulatory requirements
• Ensure the relevance and completeness of KYC information (in partnership with the RM) and performs appropriate due diligence checks and information searches
• Review and corroborate KYC information submitted by RM
• Assist RM in completing the Client Acceptance Form, Client profiling in ICE or any relevant inquiries/tasks as well as related checklists, forms and reports related to the account to allow approval of the account
• Oversee end-to end account opening/ review process of the account
• Escalate any red flag/ alerts timely if appropriate and follow up with the RM on client onboarding/client review related matters and for escalated/prioritized cases
• Prepare reports for management reporting to facilitate relevant reviews and strengthen the control procedures and process
• Provide feedback and suggestions to relevant parties to improve the processes
• Responsible for the implementation of operational permanent control policies and procedures in day-to-day business activities
• Any other ad-hoc duties as assigned

Requirements

1. Prior experience in KYC and SOW corroboration

Interested applicants please send your resume in MS Word format and attention it to Rachel Yeo (R22104385).

Shortlisted candidates will be notified

Data provided is for recruitment purposes only

www.ambition.com.sg

EA Registration Number: R22104385

Business Registration Number: 200611680D. Licence Number: 10C5117