Senior Private Banking AML Due Diligence Specialist

UBS; Singapore; On-site; SGD 120,000 - 180,000; Full time

Job summary

UBS in Singapore seeks an AML due diligence officer to perform and report on AML controls for private banking clients, both new and existing, using manual and electronic methods. You will advise on due diligence, KYC standards, and local regulations, and support regulatory inspections.

You will review AML changes, assess impact on policies, stay updated on AML/CFT developments, and conduct investigations reporting suspicious activity to authorities.

Qualifications

• Bachelor’s or Master’s in banking or related field.
• Ideally 4 years of experience in private banking due diligence, compliance, controls or audit.
• Wealth management onboarding experience is desirable.
• Sound knowledge of AML/CFT laws and guidelines in Singapore.
• Chinese language skills are an advantage.

Responsibilities

• Perform and report on AML controls of new and existing private banking clients and ad-hoc reviews.
• Provide advice on due diligence, KYC standards, policies and local regulations.
• Prepare for and support regulatory inspections and audits.
• Review AML regulations and implement changes to ensure compliance.
• Monitor regulatory developments in AML/CFT and update policies accordingly.
• Carry out AML investigations and report suspicious transactions to local authorities.

Skills

AML due diligence

KYC compliance

Regulatory reporting

Analytical thinking

Effective communication

AI workflows awareness

Education

Bachelor’s degree in banking or related field

Master’s degree (preferred)

Tools

KYC systems

AML screening tools

Job description

UBS in Singapore seeks an AML due diligence officer to perform and report on AML controls for private banking clients, both new and existing, using manual and electronic methods. You will advise on due diligence, KYC standards, and local regulations, and support regulatory inspections.

You will review AML changes, assess impact on policies, stay updated on AML/CFT developments, and conduct investigations reporting suspicious activity to authorities.