Periodic Review Compliance Officer

JAC Recruitment Pte Ltd; Singapore; On-site; SGD 80,000 - 100,000; Full time

Job summary

A leading private bank in Singapore is seeking an experienced KYC Analyst to support compliance reviews and mitigate risks associated with high-net-worth clients. In this role, you will work collaboratively with various teams, guide Relationship Managers on KYC updates, and ensure adherence to both internal and regulatory standards. The ideal candidate has 3–5 years of experience in KYC onboarding and a solid understanding of MAS guidelines. This position offers the opportunity to contribute to ongoing projects and process improvements.

Qualifications

• 3–5 years of experience in KYC onboarding, periodic review, or AML roles within private banking or wealth management.
• Solid understanding of private banking operations and MAS 626 guidelines.
• Experience handling AML/CFT regulatory inspections, audits, and strategic projects.

Responsibilities

• Build strong working relationships with key teams across the organization.
• Support compliance reviews and manage KYC/CDD risks.
• Guide Relationship Managers on periodic review submissions and updates.
• Assist with KYC/CDD matters and respond to regulatory queries.
• Review client profiles for compliance and internal standards.
• Conduct client risk assessments for high-risk profiles.
• Perform name screening and transaction reviews.
• Participate in KYC/CDD projects and process improvements.

Skills

KYC onboarding

AML compliance

Client relationship management

Regulatory inspections

Risk assessment

MS Office (Word, Excel, PowerPoint)

Job description

COMPANY OVERVIEW

A leading private bank with a strong presence in Asia, this organization specializes in holistic wealth management solutions tailored to high-net-worth individuals and families.

JOB RESPONSIBILITIES

• Build strong working relationships with key teams, including Front Office, Client Documentation Services (CDS), KYC/AML Onboarding, AML Investigations, and Risk Management.
• Support the Head of AML/KYC and Head of Periodic Review in managing compliance reviews for existing client relationships and addressing new or incremental KYC/CDD risks.
• Guide Relationship Managers across Singapore and overseas offices (Hong Kong, Thailand, Dubai) on periodic review submissions, including KYC updates, account structure changes, and adverse news handling.
• Assist with ad-hoc KYC/CDD matters and respond to queries from regulators, auditors, and Head Office.
• Review client profiles during periodic reviews to ensure compliance with internal standards and regulatory requirements for AML/CFT/CDD.
• Verify completeness and accuracy of KYC information, adequacy of source of wealth narratives, and plausibility assessments.
• Conduct client risk assessments and due diligence for high-risk profiles.
• Perform name screening (Google, World-Check, Factiva) and transaction reviews to ensure activities align with client risk profiles; investigate suspicious transactions.
• Participate in projects and process improvement initiatives related to KYC/CDD.

JOB REQUIREMENTS

• 3–5 years of experience in KYC onboarding, periodic review, or AML roles within private banking or wealth management.
• Solid understanding of private banking operations and MAS 626 guidelines.
• Experience handling AML/CFT regulatory inspections, audits, and strategic projects.
• Proficient in MS Word, Excel, and PowerPoint.

Working Location: Singapore