KYC Specialist (12 Months Contract, Private Bank)

GMP Technologies; Singapore; On-site; SGD 50,000 - 70,000; Full time

Job summary

A financial services firm in Singapore is looking for a KYC Specialist for a 12-month contract. The role involves reviewing KYC profiles and ensuring compliance with AML/CFT regulations. Candidates should have a Bachelor's in Finance, Business, or Law and 2-5 years of relevant experience in a financial institution. This position is open only to Singaporeans. Applicants will need strong analytical skills and familiarity with sanction screening tools.

Qualifications

• 2-5 years of experience in KYC, AML, or compliance-related roles within financial institutions.
• Strong understanding of AML/CFT regulations and risk assessment.
• Familiarity with sanction screening tools.

Responsibilities

• Review and uplift existing KYC profiles for compliance.
• Corroborate Source of Wealth using documentation.
• Conduct transaction reviews to align with client risk profiles.

Skills

AML/CFT regulations

Customer due diligence (CDD)

Risk assessment

Investigative research

Education

Bachelor's degree in Finance, Business, Law, or related discipline

Job description

KYC Specialist (12 Months Contract, Private Bank)

Job Openings KYC Specialist (12 Months Contract, Private Bank)

About the job KYC Specialist (12 Months Contract, Private Bank)

Responsibilities

• Review and uplift existing KYC profiles to ensure alignment with enhanced regulatory and internal policy requirements.
• Corroborate Source of Wealth (SoW) using appropriate documentation, contextual analysis, and market insights.
• Identify and assess the risks associated with opaque or complex legal structures.
• Conduct transaction reviews to ensure alignment with the clients risk profile and flag any suspicious or unusual activity, especially involving unknown third parties.
• Investigate and resolve true matches from sanction screening and address other AML/CFT risks identified during name and media screening.
• Escalate newly identified risk indicators or unusual transaction patterns in a timely manner.
• Maintain clear and comprehensive documentation of review rationale, findings, and decisions.
• Ensure timely and high-quality completion of assigned cases in line with internal SLAs and timelines.
• Support internal governance through periodic reporting and status updates.
• Provide guidance to front office employees on KYC/CDD-related matters.
• Advise management and local risk committees on AML/CFT risks associated with client relationships.
• Contribute to process improvements by identifying recurring issues and suggesting enhancements to procedures or controls.

Requirements

• Bachelor's degree in Finance, Business, Law, or a related discipline.
• 2-5 years of experience in KYC, AML, or compliance-related roles within financial institutions.
• Strong understanding of AML/CFT regulations, customer due diligence (CDD), and risk assessment.
• Familiarity with sanction screening tools and investigative research.

This Singapore-based position is opened to Singaporeans only.

We regret that only shortlisted candidates will be notified.

By applying for this role, you consent to GMP Technologies (S) Pte Ltd's PDPA and e2i's PDPA