Risk & Compliance Solutions – Senior Associate (AML/KYC focus)

PricewaterhouseCoopers; Singapore; On-site; SGD 65,000 - 90,000; Full time

Job summary

PwC Singapore is expanding its AWMS Risk & Compliance Solutions team and seeking a Senior Associate with solid experience in risk, compliance and AML/KYC to serve asset and wealth managers and other capital markets intermediaries. You will work with local, regional and global clients, drafting reports and providing outsourced compliance support.

Required 2+ years in audit, compliance or risk roles within financial services, with strong analytical skills and client-facing abilities.

Qualifications

• 2+ years of experience in audit, compliance, or risk & controls in financial services
• Experience in AML/KYC, investor onboarding, or regulatory compliance is required
• Familiarity with MAS regulatory requirements for capital markets intermediaries is advantageous
• Strong analytical skills with attention to detail and risk awareness
• Excellent written and verbal communication with clients and stakeholders

Responsibilities

• Advise asset and wealth managers on governance, risk management and regulatory compliance (MAS requirements)
• Design and assess compliance and risk frameworks and monitoring programs
• Perform internal controls reviews, identify gaps and remediation actions
• Draft client reports and present findings clearly
• Provide outsourced compliance support including regulatory reporting and regulatory change implementation

Skills

AML/KYC

Regulatory compliance

Governance & risk

Stakeholder communication

Education

Bachelor's degree in accounting or related field

Job description

Job Description & Summary

At PwC, we help clients build trust and reinvent so they can turn complexity into competitive advantage. Our Risk & Compliance Solutions (RCS) team helps asset and wealth managers redesign their governance, risk and compliance frameworks and leverage technology to improve business performance.

Our AWMS RCS team is expanding and we are looking for a Senior Associate with strong experience in risk & compliance and AML/KYC to join us. You’ll work with leading local, regional and global asset managers, alternative asset managers, wealth managers, digital wealth managers, digital asset players and other capital markets intermediaries.

Key Responsibilities

Risk & Compliance (Core Focus)

• Advise asset and wealth managers, and other capital markets intermediaries on governance, risk management and regulatory compliance (including MAS requirements).
• Support the design and assessment of compliance and risk management frameworks and monitoring programmes, including business conduct, portfolio management, fund operations, sales and product compliance, outsourcing, culture and conduct, and technology risk.
• Perform business processes and internal controls reviews, identify gaps and recommend practical remediation and efficiency improvements.
• Draft clear and concise reports and other client deliverables, and present findings to clients.
• Provide outsourced compliance support, including regulatory reporting, compliance monitoring, and operationalising regulatory changes.

AML/KYC & Investor Due Diligence

• Support client to develop framework and standard operating procedures on AML/KYC
• Perform initial and ongoing AML/KYC due diligence on investors and clients, including identity, beneficial ownership and source of funds/wealth checks.
• Review investor and client documentation in line with regulatory and client requirements.
• Conduct sanctions, PEP and adverse media screening and elevate red flags as appropriate.
• Maintain accurate AML/KYC records and support periodic and enhanced due diligence reviews for higher risk investors.
• Liaise with clients and investors to obtain additional documentation and resolve onboarding queries.
• Stay current on AML/CFT and KYC regulatory developments relevant to asset and wealth management and contribute to process improvements.

Requirements

• Bachelor's degree in accounting, Commerce, Business, Finance, Law or related field.
• At least 2 years’ experience in one or more of the following:
• External/internal/IT audit (preferably in a Big 4 or financial institution),
• Regulatory compliance / risk & controls in financial services,
• AML/KYC, investor onboarding or client due diligence in asset/wealth management or capital markets.
• Good understanding of the asset and wealth management, and capital markets landscape.
• Familiarity with MAS regulatory requirements for capital markets intermediaries.
• Strong analytical skills and attention to detail, with the ability to identify control and compliance risks.
• Clear written and verbal communication skills and confidence interacting with clients and stakeholders.
• Proficiency in Microsoft Office; experience with AML screening and KYC systems is an advantage.
• Professional, motivated self-starter with strong teamwork, integrity, and the ability to manage multiple priorities under tight deadlines.