KYC and Account Opening Officer

TAISHIN INTERNATIONAL BANK CO., LTD. Singapore Branch; Singapore; On-site; SGD 50,000 - 80,000; Full time

Job summary

A prominent international bank in Singapore is seeking a qualified individual for a key role focused on account opening, KYC checks, and compliance. The ideal candidate will have a diploma in finance or related fields and 2-5 years of relevant banking experience. This position offers the opportunity to work in a dynamic environment while ensuring compliance with regulations and internal requirements.

Qualifications

• 2-5 years of banking experience, especially in KYC and account opening.
• Familiarity with SWIFT payment standards.
• Ability to work in a team and take initiative.

Responsibilities

• Perform account opening, AML, and KYC checks.
• Conduct due diligence on FI counterparties.
• Ensure compliance with regulatory and internal requirements.

Skills

Team player

Self-motivated

Initiative

Education

Diploma in Finance/Accountancy/Banking

Tools

SWIFT

PC office applications

Job description

Job Responsibilities :

• Perform Account Opening and documentation review.
• Process AML and KYC checks.
• Perform due diligence and ensure completeness of documentation on FI counterparties which involves identifying management/directors/ shareholders.
• Conduct KYC reviews on new/existing FI counterparties.
• Follow up closely with Front office managers to review relevant information or documents
• Screening of FI counterparties through public record databases; screening includes but not limited to negative media, Politically Exposed Person (PEP) & sanctions
• Assist bank to establish RMA relationship with other bank/counterparties.
• Review and process GB2B applications
• SWIFT remittance & SAA systems maintenance.
• Assist in Deposit and Remittance transactions when required.
• Ensure the daily operations are in compliance with the regulatory and internal requirements
• Take up ad hoc assignment.

Job Requirements :

• Diploma in Finance/Accountancy/Banking or equivalent.
• 2-5 years of working experience in bank. Experience in KYC, account opening and documentation review.
• Familiar with SWIFT payment message standard.
• Self-motivated and multi-task-oriented.
• Familiar with PC office applications (e.g. MS word, MS excel)
• Team player, self-motivated, take initiative to assist OP team members.