Senior Associate / Associate, Know Your Customer, SME Banking, Institutional Banking Group

300005 Chief Executive's Office_00002555; Singapore; On-site; SGD 70,000 - 90,000; Full time

Job summary

A leading financial institution in Singapore is seeking a Senior Associate / Associate for Know Your Customer in SME Banking. The role involves conducting CDD account reviews, guiding customers in providing KYC information, and performing KYC screenings. Candidates should possess a Bachelor's degree, at least 3 years of relevant experience, and strong analytical and communication skills. This position offers an environment conducive to professional growth and a competitive salary package.

Benefits

Competitive salary

Benefits package

Dynamic environment for development

Qualifications

• At least 3 years of relevant working experience.
• Open-minded and able to prioritise and multi-task.
• ICA or ACAMS professional certification is a plus.

Responsibilities

• Conduct CDD account reviews for existing SME Banking customers.
• Guide existing customers in providing required KYC information.
• Perform KYC screening and enhanced due diligence.

Skills

Good verbal and written communication skills

Analytical and problem-solving skills

Strong attention to detail

Interpersonal skills

Customer/user-centric mindset

Education

Bachelor's degree

Tools

Dow Jones Factiva

World Check

Job description

Senior Associate / Associate, Know Your Customer – SME Banking

Business Function

Corporate and Investment Banking provides corporate customers with a full range of commercial banking products and services, including cash management services, current accounts, time deposits, trade finance, working capital finance, term loans and foreign exchange. Through our continued commitment, DBS has cultivated long‑standing relationships with its customers in the region that are based on account relationship management, service differentiation, product development and rigorous credit standards.

Responsibilities

• Conduct CDD account reviews for existing SME Banking customers.
• Work directly (or through the Relationship Managers) with existing customers for timely completion of reviews.
• Guide existing customers in providing required KYC information and documents (including KYC questionnaires, SoW documents).
• Perform KYC screening, review past transactions, conduct enhanced due diligence and assess the AML/CFT/sanctions risk of prospects and existing customers.
• Escalate potential risk concerns in a timely manner and make risk calls where appropriate.
• Provide advisory support to the Business Units with regard to CDD documentation issues and requirements.
• Mentor junior analysts in the team.
• Proactively identify opportunities for operational efficiency and AML effectiveness.
• Participate and contribute in process improvements to drive greater efficiencies.
• Support team lead in tracking outstanding cases and ensuring timely and appropriate follow‑up action.

Requirements

• Bachelor's degree with at least 3 years of relevant working experience.
• Good verbal and written communication skills.
• Open‑minded and able to prioritise and multi‑task in a dynamic environment.
• Can‑do attitude with strong customer/user‑centric mindset.
• Analytical and problem‑solving skills.
• Ability to work independently and as a team.
• Strong interpersonal skills and proactively delivering solutions.
• Strong attention to detail.
• Strong knowledge of MAS 626 on CDD requirements.
• Familiar with screening tools (e.g. Dow Jones Factiva, World Check).
• ICA or ACAMS professional certification is a plus.

Apply Now

We offer a competitive salary and benefits package and the professional advantages of a dynamic environment that supports your development and recognises your achievements.