Senior APAC Due Diligence Officer

UBS; Singapore; On-site; SGD 80,000 - 100,000; Full time

Job summary

A leading global wealth manager in Singapore is seeking an AML due diligence officer to ensure compliance with regulations. The ideal candidate will have a degree in banking and 6 years of relevant experience in private banking compliance. Responsibilities include conducting due diligence of Indian clients, reporting on AML controls, and providing regulatory advice. Join our dynamic team to make a real impact in preventing money laundering and ensuring financial integrity.

Benefits

Flexible working options

Opportunities for growth

Supportive team environment

Qualifications

• 6 years of relevant experience in private banking due diligence, compliance, or audit.
• Understanding of India and Indian business culture.
• Knowledge of AML/CFT laws and guidelines in Singapore.

Responsibilities

• Conduct ongoing due diligence of Indian clients.
• Report on AML controls and conduct investigations.
• Provide advice on due diligence and KYC standards.

Skills

Detail oriented

Research capability

Effective communication

Adaptability

Education

Bachelor's/Master's degree in banking or a related field

Job description

Your role

Are you detail oriented with strong research capability. Do you have a strong sense of when things are not as they seem?

We're looking for an AML due diligence officer to:

• cover initial and ongoing due diligence of mainly Indian resident and non-resident clients
• perform and report on AML controls of new and existing private banking clients, as well as any other ad‑hoc reviews through both manual and electronic means
• provide advice regarding due diligence, KYC standards, internal policies and local regulations
• prepare for and provide follow‑up for regulatory inspection and audits
• review and identify changes in AML regulations, assessing potential impact on existing policies/procedures and implementing changes to ensure compliance
• keep on top of regulatory developments in the prevention of money laundering and terrorist financing activities
• carry out AML related investigations and report suspicious transactions to the local authorities

Job Type

Full Time

Job Reference #

328155BR

City

Singapore

Your team

You'll be working in the Compliance & Operational Risk Control, Global Wealth Management Due Diligence Office & Politically Exposed Persons APAC (C&ORC GWM DDO & PEP) team in Singapore. We are comprised of both Due Diligence Officers (DDO) and our Periodic Know Your Client teams. We work as a gatekeeper in preventing money laundering, corruption and the financing of terrorism (AML/CFT). As an AML due diligence officer, you'll play an important role in reviewing and approving new account openings.

Your expertise

• bachelor's/master's degree or equivalent in banking or a related field
• ideally 6 years of previous relevant experience in private banking due diligence, compliance, controls or audit
• previous work pertaining to wealth management onboarding of Indian clients
• thorough understanding of India, Indian business culture and related potential risks of wealth management clients
• sound practical knowledge of the relevant AML/CFT laws and guidelines in Singapore
• adaptable and organized with a positive can‑do attitude
• clear and effective communicator, for report‑write ups and providing advice

About Us

UBS is a leading and truly global wealth manager and the leading universal bank in Switzerland. We also provide diversified asset management solutions and focused investment banking capabilities. Headquartered in Zurich, Switzerland, UBS is present in more than 50 markets around the globe.

We know that great work is never done alone. That's why we place collaboration at the heart of everything we do. Because together, we're more than ourselves. Want to find out more Visit ubs.com/careers.

Join us

At UBS, we know that it's our people, with their diverse skills, experiences and backgrounds, who drive our ongoing success. We're dedicated to our craft and passionate about putting our people first, with new challenges, a supportive team, opportunities to grow and flexible working options when possible. Our inclusive culture brings out the best in our employees, wherever they are on their career journey. And we use artificial intelligence (AI) to work smarter and more efficiently. We also recognize that great work is never done alone. That's why collaboration is at the heart of everything we do. Because together, we're more than ourselves.

We're committed to disability inclusion and if you need reasonable accommodation/adjustments throughout our recruitment process, you can always contact us.

Disclaimer / Policy statements

UBS is an Equal Opportunity Employer. We respect and seek to empower each individual and support the diverse cultures, perspectives, skills and experiences within our workforce.