Senior Private Banking KYC & AML Manager

hlb; Singapore; On-site; SGD 70,000 - 110,000; Full time

Job summary

HL Bank Singapore is seeking a compliance professional to perform Customer Due Diligence/AML/KYC review, account opening checks, and periodic reviews to ensure MAS Notice 626 compliance. The role involves analysing sources of wealth and corroborative evidence for wealth origins, reviewing private banking client documents, and guiding Relationship Managers on SOW journeys.

You will verify transaction origins, conduct name screening assessments, and contribute to monthly QA testing and management

Responsibilities

• Customer Due Diligence/AML/KYC Review: account opening, periodic review and triggering event submissions to ensure MAS Notice 626 compliance.
• Source of Wealth corroboration: analyse and request corroborative evidence to validate wealth origins.
• Review PB client documents, identify complex ownership structures and understand corporate entity arrangements.
• Provide guidance to Relationship Managers on SOW journey write-ups; liaison with Compliance for quality reviews.
• Transaction lookback: verify origin and purpose of funds; review ongoing PB client transactions for red flags.
• Name screening: review FO hits to determine false positives and assess materiality.
• Audit controls: perform monthly QA testing of PB end-to-end processes and address audit findings.
• Management reporting: prepare reports for management meetings.

Job description

HL Bank Singapore is seeking a compliance professional to perform Customer Due Diligence/AML/KYC review, account opening checks, and periodic reviews to ensure MAS Notice 626 compliance. The role involves analysing sources of wealth and corroborative evidence for wealth origins, reviewing private banking client documents, and guiding Relationship Managers on SOW journeys.

You will verify transaction origins, conduct name screening assessments, and contribute to monthly QA testing and management