Senior Associate, KYC Specialist - Treasures Private Client, Consumer Banking Group

DBS; Singapore; On-site; SGD 70,000 - 90,000; Full time

Job summary

A leading Asian bank seeks a Senior Associate, KYC Specialist to provide expert guidance on KYC customer due diligence. The role involves advising Front Office on compliance standards and assessing client risk profiles. The ideal candidate will have 5-7 years of experience in KYC/AML and strong interpersonal skills. The position offers competitive salary and benefits in a dynamic environment.

Benefits

Competitive salary

Dynamic work environment

Professional development support

Qualifications

• 5-7 years of experience in KYC/AML areas or risk functions, preferably in wealth management.
• Familiarity with KYC/AML regulatory requirements.
• Ability to manage relationships with Front Office stakeholders.

Responsibilities

• Advise Front Office on KYC onboarding requirements.
• Review customer's source of wealth information.
• Train Front Office on KYC related subjects.

Skills

Client centric approach

Interpersonal skills

Analytical problem-solving

Problem-solving skills

Attention to detail

Education

Bachelor’s Degree

Tools

AML/KYC compliance tools

Job description

Senior Associate, KYC Specialist - Treasures Private Client, Consumer Banking Group (WD79773)

Business Function

As the leading bank in Asia, DBS Consumer Banking Group is in a unique position to help our customers realise their dreams and ambitions. As a market leader in the consumer banking business, DBS has a full spectrum of products and services, including deposits, investments, insurance, mortgages, credit cards and personal loans, to help our customers realise their dreams and aspirations at every life stage. Our financial solutions are not only the best in the business – they were made just right for you.

Job Purpose

The KYC Specialist provides expert advice to Front Office in all KYC customer due diligence (CDD) matters, and partner Front Office in the KYC CDD review process, from the beginning of client onboarding till approval. In addition, The specialist works closely with Group Compliance on specific AML/KYC policy and procedures as well as client risk profiling related matters. The KYC team reports to the COO Office and functions as the Compliance Expert for the Front Office.

Responsibilities

• Advise Front Office on the onboarding requirement in accordance to Bank’s AML/KYC standards and regulatory requirement, and partner with Front Office to meet the requirement.
• Review and corroborate customer's source of wealth (SOW) information submitted by RM, perform an independent review and risk rate customer in accordance to regulatory requirement as well as Group AML/CFT policy and procedures.
• Follow up with Front Office (RM & ARM) and other stakeholders on customer CDD related matters and for escalated/prioritised cases.
• Assess and ensure the relevance and completeness of CDD information supplied by Front Office and perform appropriate due diligence checks and information searches to comply with bank standards of client onboarding.
• Highlight deficiencies, suspicious AML or other non-compliance issues to relevant parties and management.
• Prepare reports for management reporting to facilitate relevant reviews and strengthen the control procedures and process.
• Train the Front Office on client documentation and KYC related subjects.
• Involve in projects for new processes or industry initiatives, and internal/external audits.
• Keep abreast of global AML/CFT developments that impact due diligence on wealth clients and ensure compliance with all other controls and processes.

Requirements

• Bachelor’s Degree with at least 5-7 years of working experience in KYC/AML areas, risk or controls functions, preferably covering wealth segments.
• Familiar with regulatory requirements pertaining to KYC/AML in a wealth management setting, e.g., MAS 626, customer SOW due diligence etc.
• Certifications in AML such as Certified Anti Money Laundering Specialist (CAMS) or International Association Diploma in Anti Money Laundering would be an advantage.
• Ability to be client centric while balancing business needs and controls.
• Excellent interpersonal skills to manage relationships with Front Office stakeholders.
• Proven ability to deliver high‑quality work within tight deadlines, effectively expediting client onboarding while maintaining regulatory compliance.
• An efficient solutions provider with strong analytical and creative problem‑solving skills.

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.