KYC Analyst (Private Banking)

RECRUIT EXPRESS PTE LTD; Singapore; On-site; SGD 100,000 - 125,000; Full time

Job summary

A recruitment agency in Singapore is seeking an experienced professional for KYC roles. The candidate must have 5-8 years of experience in KYC/AML within the banking sector and a clear understanding of processes and regulations. Responsibilities include assisting with KYC efforts and liaising with clients. Interested applicants should submit their applications in MS Word format.

Qualifications

• 5 - 8 years relevant experience in KYC/AML/Due Diligence within the banking space.
• Knowledge of AML/KYC policies including bank systems, applications and due diligence processes.

Responsibilities

• Assist on KYC efforts in accordance to the AML KYC Ops procedures.
• Perform KYC and product usage reviews ensuring documentation complies with local regulation.
• Negotiate solutions and act as a liaison with internal and external clients.

Skills

KYC/AML Knowledge

Due Diligence Experience

Client Liaison Skills

Job description

Responsibilities

• Assist on KYC efforts in accordance to the AML KYC Ops procedures
• Perform KYC, transactions and product usage reviews and ensure documentation comply with local regulation and standards KYC reviews (Scheduled & Unscheduled Reviews for Client types across varied risk classes) including monitoring and tracking of KYC records
• Assisting with the development and execution of action plan for expiring records, and ensuring records are not past due
• Determining if the accounts are in scope
• Client Identification, Verification and Screening Information such as customer’s address, employment (including employer), connectivity to PEP/SPF (Sanctions Screening), will be validated and confirmed.
• Based on the results, enhanced due diligence checks will be performed which include negative news and social media checks
• Any suspicious product usage from AML perspective gets highlighted to senior management for further reviews promptly
• Negotiate solutions and acts as a liaison with internal and external clients
• Acts as a consultant to the businesses regarding processes & controls
• Coordinates and assists with onsite reviews and drives corrective actions.

Requirements

• 5 - 8 years relevant experience in KYC/AML/Due Diligence within banking space
• Knowledge of AML/KYC policies including bank systems, applications and due diligence processes

Qualified candidates are invited to submit their applications in MS Word format to Shaun Quek Yew Meng (R1660732) [e-mail]

Recruit Express Pte Ltd

EA Licence No: 99C4599

Only shortlisted applicants will be notified.