SVP / VP, Team Lead, KYC - Client Onboarding, Private Banking, Consumer Banking

DBS Bank Limited; Singapore; On-site; SGD 100,000 - 150,000; Full time

Job summary

A leading bank in Singapore is seeking a seasoned professional to lead the KYC team within Private Banking. The role involves supervising compliance practices, engaging stakeholders, and driving process improvements to enhance operational efficiency. The ideal candidate will have extensive experience in banking, particularly private banking, along with strong interpersonal and analytical skills to manage high-risk cases and maintain rigorous KYC/AML standards.

Qualifications

• 12-15 years of relevant experience in the banking domain, preferably within private banking.
• Familiar with regulatory requirements pertaining to KYC / AML.
• Certifications in AML such as CAMS or International Association Diploma in AML preferred.

Responsibilities

• Lead and supervise a team of KYC officers for onboarding.
• Ensure compliance with all policies and regulations.
• Engage with stakeholders to develop metrics and plans.

Skills

Client centricity

Analytical skills

Problem-solving skills

Interpersonal skills

Education

Bachelor’s degree

Job description

Business Function

DBS’ Private Banking offers a one-stop, full-service touchpoint for total banking requirements and provides the highest level of personalised banking. We have a team of dedicated, experienced investment advisors who identify opportunities in the various asset classes and employ the best strategies and product vehicles to cater to each client’s needs. Coupled with partnerships within the DBS network and with global institutions, we strive to build long-term relationships with our Private Banking clients in Asia by providing them with high quality, timely and extensive wealth management, investment and financial solutions.

Responsibilities:

• Lead and supervise a team of KYC officers supporting the onboarding of PB and TPC accounts, reporting to the Team Head KYC – Onboarding, Private Banking

• Plan, direct, and oversee the team ensuring full compliance with all policies and regulations.

• Engage Front Office stakeholders by providing metrics on the productivity volume, key issues and jointly develop plans to meet business needs.

• Lead initiatives to improve risk control, operational efficiency, and effectiveness.

• Support internal audits, FCSS reviews, and regulatory inspections.

• Collaborate with the regional KYC team to align standards and implement regional initiatives.

• Champion process improvement initiatives within the Singapore Wealth Management division.

• Reinforce the AML risk culture and awareness within Wealth Management.

• Coach, including handling of complex high-risk cases, and develop team members to maintain high KYC/AML standards

Requirements:

• Bachelor’s degreewith at least 12-15 years of relevant experience in the banking domain, preferably within private banking

• Familiar with regulatory requirements pertaining to KYC / AML

• 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

• An efficient solutions provider with strong analytical and creative problem-solving skills