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

DBS Bank Limited; Singapore; On-site; SGD 120,000 - 180,000; Full time

Job summary

DBS Bank Limited, a leading financial institution, seeks a SVP/VP Team Lead for KYC within its Private Banking division. This pivotal role involves leading a team of KYC officers, ensuring compliance, and engaging with stakeholders to enhance operational efficiency. The ideal candidate will have extensive banking experience and proficiency in AML regulations.

Benefits

Competitive salary and benefits package

Professional development opportunities

Qualifications

• 12-15 years of relevant banking experience, preferably in private banking.
• Familiarity with KYC / AML regulatory requirements.
• Certifications in AML (CAMS) are advantageous.

Responsibilities

• Lead and supervise KYC officers in onboarding PB and TPC accounts.
• Ensure compliance with policies and regulations.
• Engage Front Office stakeholders to develop business plans.

Skills

Client Centricity

Interpersonal Skills

Analytical Problem Solving

Education

Bachelor’s degree

Job description

SVP / VP, Team Lead, KYC - Onboarding, Private Banking, Consumer Banking Group - (WD73175)

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 degree with 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

Apply Now

We offer a competitive salary and benefits package and the professional advantages of a dynamic environment that supports your development and recognises your achievements.