Senior KYC & Onboarding Manager, Private Bank

Hong Leong Bank; Singapore; On-site; SGD 120,000 - 160,000; Full time

Job summary

HL Bank Singapore is seeking an experienced KYC Manager for Private Banking Client Onboarding. You will review AML/KYC profiles, assess ownership structures, and verify documents to ensure regulatory compliance.

You will guide Relationship Managers on SoW corroboration and collaborate with Compliance to uphold high-quality onboarding and periodic reviews. The role emphasizes timely reviews, transaction screening during periodic checks, and strong communication across stakeholders to maintain

Qualifications

• Minimum 6 years of relevant KYC experience in banking, with at least 2 years in Private Banking.
• In-depth working knowledge of MAS Notice 626 and its associated guidelines.
• Familiarity with the latest Source of Wealth (SoW) corroboration standards.
• Strong writing skills to assist RMs with improving SoW journey write-ups.
• Experience reviewing CDD documents to identify complex ownership structures and legal arrangements of corporate entities.
• Strong professional communication skills to raise clear, specific queries with Relationship Managers, Compliance, and other stakeholders.
• Deep operational knowledge of KYC processes, specifically Account Opening, Periodic Reviews, and Trigger Event Reviews.
• Team player, self-motivated, and diligent in attaining relevant KPIs.

Responsibilities

• Review Private Banking (PB) clients’ account opening AML/KYC profiles for adequacy and compliance with legal, regulatory, and policy requirements.
• Review documents submitted to identify and verify PB clients, including identifying complex ownership structures and understanding legal arrangements of corporate entities.
• Provide guidance to Relationship Managers (RMs) on SoW journey write-ups and SoW corroboration requirements.
• Liaise with the Compliance Team (as 1.5 Line of Defense) to ensure quality Account Opening, Periodic Review, or Triggering Event Review submissions
• Ensure timely reviews of clients’ AML/KYC profiles for onboarding and periodic reviews.
• Review transactions of PB clients during periodic reviews to identify red flags.
• Review name screening assessments conducted by the Front Office (FO).
• Provide independent assessments on the materiality of true or unverifiable hits identified.
• Managerial: Provide necessary guidance to Junior team members and/or propose process enhancements to improve existing KYC processes.

Skills

KYC knowledge

AML compliance

Communication skills

Writing skills

Team player

Education

Degree in Banking/Finance/Accounting

Job description

HL Bank Singapore is seeking an experienced KYC Manager for Private Banking Client Onboarding. You will review AML/KYC profiles, assess ownership structures, and verify documents to ensure regulatory compliance.

You will guide Relationship Managers on SoW corroboration and collaborate with Compliance to uphold high-quality onboarding and periodic reviews. The role emphasizes timely reviews, transaction screening during periodic checks, and strong communication across stakeholders to maintain