Vice President / Assistant Vice President KYC Specialist Periodic Reviews

DBS Bank Limited; Singapore; On-site; SGD 60,000 - 80,000; Full time

Job summary

A leading financial institution in Singapore is looking for a KYC Specialist to oversee compliance within Private Banking. Responsibilities include reviewing screening hits, assessing ML/TF risks, and preparing management reports. Ideal candidates should have 8-12 years of experience in KYC/AML, familiarity with regulatory requirements, and excellent interpersonal skills. This position offers a competitive salary and benefits in a dynamic work environment.

Benefits

Competitive salary

Benefits package

Professional development opportunities

Qualifications

• 8-12 years of experience in KYC/AML, risk or controls functions.
• Familiarity with MAS 626 regulatory requirements.
• Certifications like CAMS are advantageous.

Responsibilities

• Review and validate screening hits from databases.
• Assess ML/TF risks according to regulatory requirements.
• Prepare reports for management.

Skills

Client-centric approach

Excellent interpersonal skills

Analytical skills

Problem-solving skills

Education

Bachelor's degree

Job description

VP/ AVP, KYC Specialist - Periodic Reviews, Private Banking, Consumer Banking Group

Business Function: DBS Private Banking offers a one-stop, full-service touch-point 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

• Independently review and validate screening hits from public and internal databases
• Identify and assess resulting ML/TF risks with respect to regulatory requirement as well as Group AML/CFT policy and procedures.
• Follow up with Front Office, FCSS Advisory and other stakeholders on screening hits with appropriate escalation.
• Highlight deficiencies, suspicious AML or other non‑compliance issues to relevant parties and management.
• Prepare reports for management reporting to facilitate relevant reviews and strengthen the control procedures and process.
• Handle Internal/External audit, compliance testing and other supervisory visits as appropriate.
• Be involved in projects for new processes or industry initiatives.
• Keep abreast of global AML/CFT developments that impact due diligence on wealth clients and ensure compliance with all other controls and processes.

Requirements

• Bachelor degree with at least 8-12 years of working experience in KYC/AML areas, risk or controls functions, preferably in Private Banking.
• Familiar with regulatory requirements pertaining to KYC/AML, e.g., MAS 626.
• 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.