KYC Manager - Compliance (6-12 months contract)

MORGAN MCKINLEY PTE. LTD.; Singapore; On-site; SGD 110,000 - 180,000; Full time

Job summary

MORGAN MCKINLEY PTE. LTD. in Singapore seeks an experienced KYC Manager to lead and oversee KYC and Customer Due Diligence activities while ensuring AML/CFT compliance and supporting a small team.

The role involves onboarding and reviewing customers, assessing risk, maintaining KYC documentation, and partnering with stakeholders to improve processes and controls. Strong MAS 626 knowledge is preferred.

Qualifications

• Minimum 5 years of relevant experience in KYC, Client Onboarding, and/or AML within financial services.
• Strong understanding of Singapore AML/CFT regulatory requirements, including MAS Notice 626.

Responsibilities

• Manage and oversee KYC processes for new and existing customers to ensure compliance and accuracy.
• Complete customer onboarding, periodic reviews, and event-driven reviews within required timelines.
• Assess customer risk profiles and apply appropriate risk classifications with thorough documentation.
• Maintain and update KYC checklists, forms, and supporting documents to reflect current regulatory standards.
• Collaborate with business stakeholders to resolve documentation, verification, and onboarding issues efficiently.
• Ensure KYC practices comply with local and international AML/CFT and sanctions regulations.
• Monitor regulatory developments and implement necessary changes to KYC procedures and controls.

Skills

KYC Management

AML Compliance

Client Onboarding

Job description

Job Summary

We are seeking an experienced KYC Manager to lead and oversee KYC and Customer Due Diligence activities, ensuring compliance with AML/CFT regulations while supporting a small team and collaborating with stakeholders to enhance onboarding and review processes.

Responsibilities

• Manage and oversee KYC processes for new and existing customers, including banks and corporate clients, to ensure compliance and accuracy
• Complete customer onboarding, periodic reviews, and event-driven reviews within required timelines
• Assess customer risk profiles and apply appropriate risk classifications with thorough documentation
• Maintain and update KYC checklists, forms, and supporting documents to reflect current regulatory standards
• Collaborate with business stakeholders to resolve documentation, verification, and onboarding issues efficiently
• Ensure KYC practices comply with local and international AML/CFT and sanctions regulations
• Support the Head of Compliance in maintaining and updating AML/CFT policies and procedures
• Monitor regulatory developments and implement necessary changes to KYC procedures and controls
• Support internal and external audits and regulatory inspections by providing accurate information and documentation
• Conduct compliance testing activities to identify gaps and recommend improvements
• Identify and escalation potential AML/KYC issues promptly to mitigate risks
• Monitor and report overdue customer reviews to maintain compliance timelines
• Partner with IT and Operations teams to enhance KYC processes, systems, and data quality
• Provide guidance and oversight to a small team to ensure effective execution of KYC activities

Required competencies and certifications

• Minimum 5 years of relevant experience in KYC, Client Onboarding, and/or AML within financial services
• Strong understanding of Singapore AML/CFT regulatory requirements, including MAS Notice 626

Preferred competencies and qualifications

• Experience working with corporate and/or financial institution customers
• Strong analytical skills with excellent attention to detail
• Ability to identify, assess, and escalation potential compliance issues
• Strong communication and stakeholder management skills
• Ability to work independently and collaboratively within a team environment
• Proactive, organised, and solution-oriented with the ability to work effectively under pressure

Other Information

EA Licence No: 11C5502

Registration No: R1331697