Assistant Manager - Private Bank, Client Onboarding

HL Bank Singapore; Singapore; On-site; SGD 120,000 - 180,000; Full time

Job summary

HL Bank Singapore is seeking an experienced KYC professional to join the Private Banking Client Lifecycle Management (CLM) team. The role involves reviewing AML/KYC profiles for onboarding and periodic reviews, verifying complex ownership structures, and guiding Relationship Managers on SoW write-ups.

You will liaise with Compliance to ensure quality submissions and review transactions for red flags. The ideal candidate has strong writing and communication skills, extensive KYC process

Qualifications

• Relevant degree holder in Banking/Finance/Accounting or related field.
• Minimum 6 years of KYC experience in banking, with at least 2 years in Private Banking.
• In-depth working knowledge of MAS Notice 626 and its guidelines.
• Familiarity with the latest SoW corroboration standards.
• Strong writing skills to assist RMs with SoW write-ups.
• Experience reviewing CDD documents to identify complex ownership structures and legal arrangements of corporate entities.
• Strong professional communication to raise clear queries with RMs, Compliance, and stakeholders.
• Deep operational knowledge of KYC processes: Account Opening, Periodic Reviews, Trigger Event Reviews.
• Team player, self-motivated, and diligent in attaining KPIs.

Responsibilities

• Review PB clients’ AML/KYC profiles for adequacy and regulatory compliance.
• Review documents to identify and verify PB clients, including complex ownership structures and legal arrangements.
• Provide guidance to RMs on SoW journey write-ups and corroboration requirements.
• Liaise with Compliance to ensure quality submissions (1.5 Line of Defense).
• Ensure timely reviews for onboarding and periodic reviews.
• Review PB client transactions during periodic reviews to identify red flags.
• Review name screening assessments conducted by the Front Office.
• Provide independent assessments on materiality of hits identified.

Skills

KYC processes

Strong writing skills

Strong communication

Team player

Self-motivated

Attention to detail

Stakeholder management

Education

Banking/Finance/Accounting degree

MAS Notice 626 knowledge

SoW corroboration knowledge

Job description

Role
This is an individual contributor role within the Bank's Private Banking Client Lifecycle Management (CLM) team. The job functions are as follows:

• Review Private Banking (PB) clients’ account opening AML/KYC profiles for adequacy and compliance with legal, regulatory, and policy requirements.
• Review documents submitted to identify and verify PB clients, including identifying complex ownership structures and understanding legal arrangements of corporate entities.
• Provide guidance to Relationship Managers (RMs) on SoW journey write-ups and SoW corroboration requirements.
• Liaise with the Compliance Team (as 1.5 Line of Defense) to ensure quality Account Opening, Periodic Review, or Triggering Event Review submissions
• Ensure timely reviews of clients’ AML/KYC profiles for onboarding and periodic reviews.
• Review transactions of PB clients during periodic reviews to identify red flags.
• Review name screening assessments conducted by the Front Office (FO).
• Provide independent assessments on the materiality of true or unverifiable hits identified.
  

Define your future at HL Bank Singapore

Functional

Role

This is an individual contributor role within the Bank's Private Banking Client Lifecycle Management (CLM) team. The job functions are as follows:

• Review Private Banking (PB) clients’ account opening AML/KYC profiles for adequacy and compliance with legal, regulatory, and policy requirements.
• Review documents submitted to identify and verify PB clients, including identifying complex ownership structures and understanding legal arrangements of corporate entities.
• Provide guidance to Relationship Managers (RMs) on SoW journey write-ups and SoW corroboration requirements.
• Liaise with the Compliance Team (as 1.5 Line of Defense) to ensure quality Account Opening, Periodic Review, or Triggering Event Review submissions
• Ensure timely reviews of clients’ AML/KYC profiles for onboarding and periodic reviews.
• Review transactions of PB clients during periodic reviews to identify red flags.
• Review name screening assessments conducted by the Front Office (FO).
• Provide independent assessments on the materiality of true or unverifiable hits identified.
  

Managerial (team/group responsibilities)

Provide necessary guidance to Junior team members and/or propose process enhancements to improve existing KYC processes.

Experience

Job Requirements

• Relevant degree holder in Banking/Finance/ Accounting or any similar areas
• Minimum 6 years of relevant KYC experience in banking, with at least 2 years in Private Banking
• In-depth working knowledge of MAS Notice 626 and its associated guidelines
• Familiarity with the latest Source of Wealth (SoW) corroboration standards
• Strong writing skills to assist RMs with improving SoW journey write-ups
• Experience reviewing CDD documents to identify complex ownership structures and legal arrangements of corporate entities
• Strong professional communication skills to raise clear, specific queries with Relationship Managers (RMs), Compliance, and other stakeholders
• Deep operational knowledge of KYC processes, specifically Account Opening, Periodic Reviews, and Trigger Event Reviews
• Team player, self-motivated, and diligent in attaining relevant KPIs
  

About HL Bank Singapore

HL Bank Singapore is the Singapore branch of Hong Leong Bank, a premier regional financial services leader headquartered in Malaysia with a rich heritage of over 120 years. Listed on Bursa Malaysia and a key member of the extensive Hong Leong Group, we operate a robust network of approximately 250 branches across Malaysia, with a strategic regional presence in Singapore, Hong Kong, Vietnam, Cambodia, and China.
As a Full Bank in Singapore, we serve as a vital hub for the Group’s regional ambitions. A cornerstone of this strategy is our sophisticated "advisory-first" wealth proposition through HLB Private Bank and HLB Priority. By combining our deep Asian market roots with a landmark strategic alliance with Swiss private bank Lombard Odier, we provide world-class wealth architecture and bespoke solutions for our clients.
Beyond our wealth focus, we deliver excellence through four core business pillars: Business & Corporate Banking, Personal Financial Services, Private Wealth Management, and Global Markets. This "Integrated Approach" allows our talent to collaborate seamlessly across segments, ensuring we effectively meet the multifaceted needs of high-net-worth individuals, business founders, and corporate enterprises alike.
At HL Bank Singapore, our people are central to our success, and as a recognized Human Capital Partner (HCP) by TAFEP, we are committed to progressive workplace practices and your professional development. We seek digitally inclined, customer-centric performers who thrive in a technology-focused environment, where we empower our teams with AI-enhanced tools and next‑generation platforms to lead the industry. As part of a large, diversified conglomerate, we offer unrivaled opportunities to explore new grounds and build a challenging career path within a rapidly expanding regional landscape. Join us to be part of a proven value-creation story and shape the future of your own story at HL Bank Singapore.