KYC and AML Analyst ( Bank/ East)

PERSOL; Singapore; On-site; SGD 60,000 - 90,000; Full time

Job summary

A leading recruitment agency in Singapore is seeking a candidate for KYC reviews. Responsibilities include ensuring compliance with local regulations, performing due diligence, and collaborating with internal teams. Ideal candidates should have 5-8 years of KYC/AML experience and strong analytical skills. Interested applicants can send their resumes or apply through the application system.

Qualifications

• 5 - 8 years relevant experience in KYC/AML/Due Diligence or banking experience preferred.
• Knowledge of AML/KYC policies including bank systems and due diligence processes.
• Strong analytical and comprehension skills.

Responsibilities

• Perform KYC reviews and ensure documentation comply with local regulations.
• Highlight suspicious product usage from AML perspective to senior management.
• Partner with internal units for adequate due diligence processes.

Skills

KYC/AML Due Diligence

Analytical skills

Documentation skills

Verbal and written communication

Interpersonal skills

Job description

Perform KYC reviews and ensure documentation comply with local regulation and Bank 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

Any suspicious product usage from AML perspective gets highlighted to senior management for further reviews promptly

Assist Bank on KYC efforts in accordance to the AML KYC Ops procedures

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. These will be validated based on existing information available or through approved third party sites. Based on the results, enhanced due diligence checks will be performed which include negative news and social media checks

Partner with internal units to ensure adequate due diligence process is carried out for customer accounts and documentation reviews

Send the requests to Outreach/RM for accounts where information is required to complete the review

Ensure to maintain quality standards (90% and above) for the KYC reviews undertaken

Ensure any tech issue/procedural clarifications gets highlighted to managers for further review and guidance

Ensure to get Quality Control (QC) review done on files prior to submission and respond/correct any discrepancies identified during QC reviews

Submit record for Business Approval once review is complete and respond/correct any discrepancies identified during BA reviews

Has experience in calling customers as there is a probability that you might reach out to customers

Job Requirement:

• 5 - 8 years relevant experience in KYC/AML/Due Diligence or has banking experience is Preferred
• Knowledge of AML/KYC policies including bank systems, applications and due diligence processes
• Subject Matter Expert
• Strong analytical and comprehension skills with the ability to analyze and document large amounts of data
• Strong documentation skills to clearly articulate disposition
• Adherence to controls and compliance standards
• Detailed, well-organized, self-starter and capable of working under minimum supervision
• Able to multitask and meet deadlines in a high-pressure environment
• Effective verbal and written communication skills
• Strong interpersonal skills and results-oriented team player

Interested candidates may send resumes to ***********@persolapac.com or apply through the application system. Regret to inform that only shortlisted candidates will be notified.