KYC Specialist - Tangspac

Tangspac Consulting Pte Ltd; Singapore; On-site; SGD 20,000 - 60,000; Full time

Job summary

A top-tier Swiss Private Bank seeks a KYC Uplift Specialist for a 1-year contract role. The position involves conducting thorough reviews of KYC profiles, ensuring compliance with regulatory standards, and enhancing client due diligence processes. Ideal candidates will possess experience in private banking and relevant regulatory knowledge, along with strong documentation and risk assessment skills.

Qualifications

• Prior experience in KYC review or client due diligence roles preferred.
• Strong knowledge of regulatory expectations, especially MAS 626.
• Good degree and understanding of the private banking industry.

Responsibilities

• Perform review and uplift of KYC profiles to meet regulations.
• Identify and assess risk of opaque legal structures.
• Build strong relationships with stakeholders including compliance teams.

Skills

KYC review

client due diligence

risk assessment

documentation

relationship management

Education

Degree in Finance or related field

Job description

KYC Uplift Specialist (1 yr Contract + 1 mth completion bonus)

Tangspac Singapore Apply now Posted 13 hours ago Contract S$4k - S$10k

KYC Uplift Specialist (1 yr Contract + 1 mth completion bonus)

Tangspac Singapore Apply now

We are hiring for a top tier Swiss Private Bank.

GENERAL DESCRIPTION

The KYC Uplift Specialist plays a key role in enhancing the quality and robustness of existing client due diligence by conducting thorough reviews of KYC profiles. This position ensures alignment with evolving regulatory expectations, internal policies, and industry best practices.

KEY FEATURES OF THE POSITION

Business Management

• Perform review and uplift of existing KYC profiles to meet enhanced regulatory and internal policy requirements.

• Review and corroborate Source of Wealth using appropriate documents, contextual analysis and market insights.

• Identify and assess the risk of opaque legal structures

• Review client’s transactions for the period under periodic review; ensure the transactional activities are aligned with client’s risk profile and flag out any suspicious transactions with regards to unknown 3rd parties.

• Address Sanction true matches, as well as true matches for other AML/CFT risks identified during Name and Media Screening.

• Identify and escalate newly identified risk indicators or unusual transaction patterns during course of reviews.

• Maintain clear and comprehensive documentation of review rationale and decisions

• Ensure timely and quality completion of assigned cases in line with defined timeline.

• Support periodic reporting and status updates for internal governance.

• Provide advice to Front employees on KYC/CDD- related matters.

• Provide advice to the management and local risk committees on the AML/CFT risk of a client relationship.

• Contribute to continuous improvement by identifying recurring gaps and suggesting enhancements to procedures.

Client Management (internal & external)

• Build strong relationships with key stakeholders such as Front Office and Compliance teams.

• Work closely with overseas offices (particularly, Hong Kong, Dubai and Thailand) to provide input on KYC reviews.

Professional and Technical

• Prior experience in conducting KYC review or client due diligence roles within private bank is preferred

• Experience interpreting financial documents (e.g. financial statements, property deed).

• Strong knowledge of the regulatory expectations (e.g. MAS 626 Notice & Guidelines) and enhanced due diligence practices, especially in SoW corroboration

• A good degree and understanding of the private banking industry and or trust company.

Work Location: Rotation between Changi office (nest to expo MRT) and CBD office

Salary: it depending solely on experience

Interested candidates could email your latest resume to [e-mail]

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