SoW Analyst (Private Banking) (1-Year Contract) #EEF

RECRUIT EXPRESS PTE LTD; Singapore; On-site; SGD 50,000 - 70,000; Full time

Job summary

A leading financial services firm in Singapore is seeking a detail-oriented professional to support the onboarding process of new clients. The successful candidate will ensure compliance with AML and CDD standards, reviewing documentation and coordinating with Relationship Managers. Strong communication skills and the ability to manage multiple stakeholders are essential. This role involves assessing risks based on client profiles and maintaining internal compliance.

Qualifications

• Well-versed in AML/CFT and CDD standards.
• Familiar with documentation and regulatory requirements for Private Wealth account types.

Responsibilities

• Review and assess onboarding documentation for compliance.
• Identify and escalate deficiencies in client KYC.
• Liaise with Relationship Managers for clarification of submissions.
• Provide guidance on KYC requirements.
• Ensure proper risk classification based on client profile.

Skills

Attention to detail

Strong communication skills

Ability to manage multiple stakeholders

Job description

• This position sits within the Private Wealth BCCO unit and is responsible for supporting the front office in ensuring timely and compliant onboarding of new clients. The successful candidate is expected to be well‑versed in AML/CFT and CDD standards, and familiar with the documentation and regulatory requirements for Private Wealth account types. The role requires a meticulous eye for detail, strong communication skills, and the ability to manage multiple stakeholders and competing priorities.
• Review and assess onboarding documentation to ensure completeness, accuracy, and compliance with MAS regulations and internal policy standards.
• Identify and escalate any deficiencies or red flags in client KYC, source of wealth (SoW), and background information.
• Liaise with Relationship Managers (RMs) to clarify submissions and obtain supporting documentation where required.
• Provide guidance to RMs on KYC requirements and support them in meeting submission standards.
• Ensure proper risk classification based on client profile, SoW, and overall risk factors.
• Coordinate with Financial Crime Compliance (FCC) and other control functions where escalation or additional review is necessary.
• Monitor onboarding turnaround time and ensure cases are processed within SLA.
• Support internal projects and initiatives related to onboarding process enhancements, checklist updates, and policy changes.