Wholesale KYC Operations - Specialized Due Diligence Associate

JPMorgan Chase & Co.; Singapore; On-site; SGD 60,000 - 80,000; Full time

Job summary

A global financial services firm in Singapore seeks a Specialized Due Diligence Associate to ensure compliance with KYC regulations. The candidate will conduct due diligence for Politically Exposed Persons and collaborate with various teams, including Compliance and front office. Minimum 3 years' experience in the banking sector, strong analytical skills, and a Bachelor's Degree are required. This role emphasizes detail orientation and effective communication. A dynamic environment awaits, offering opportunities to make a significant impact.

Qualifications

• 3+ years in KYC for global corporate customers in banking.
• Experience in anti-money laundering and compliance.
• Strong sense of accountability and ownership.

Responsibilities

• Understand due diligence requirements for PEPs and Negative Media.
• Analyze and summarize information and potential risks.
• Draft PEP and Negative Media due diligence requirements.
• Ensure KYC is updated based on sourced information.

Skills

KYC knowledge

Analytical skills

Attention to detail

Verbal communication

Written communication

Flexibility

Education

Bachelor’s Degree

Job description

Are you looking for an opportunity to play a critical role in ensuring that as an organization, we are compliant with multiple regulations, in order to protect the bank’s reputation and financial assets? You have found the right team!

As a Specialized Due Diligence Associate within the Wholesale KYC Operations (WKO), you will conduct Specialized Due Diligence (SpDD) and provide advice on the KYC requirements for Politically Exposed Persons (PEPs) and Negative Media. Your role will also involve close collaboration with the front office, on-boarding, Compliance, and checker functions.

Job responsibilities

• Understand the Corporate and Local Due Diligence requirements with respect to the identification of PEPs and Negative Media associated with our direct customers.
• Gather, analyze and coherently summarize pertinent information and potential risks.
• Identify and apply regulatory requirements of the different applicable jurisdictions and internal procedures.
• Draft and advise on PEP and Negative Media due diligence requirements using public and internal sources.
• Ensure KYC is properly updated based upon information sourced.
• Communicate critical elements of due diligence with front office.
• Develop strong partnerships, elevate issues, and eliminate roadblocks; become a trusted advisor to the business.
• Proactively highlight and elevate potential issues to management.

Required qualifications, capabilities, and skills

• Minimumof 3 years’ experience in KYC covering global corporate customer types within the Banking industry
• Experience in Anti-money laundering / KYC / Compliance
• Strong sense of accountability and ownership, with a focus on quality and best practices
• Excellent analytical and research skills, detail oriented, and an investigative mindset
• Strong verbal and writtencommunication skills
• Adaptable, flexible, and willing to work in a dynamic environment
• Bachelor’s Degree

Preferred qualifications, capabilities, and skills

• Politically Exposed Persons (PEPs) and Negative Media due diligence experience
• Knowledge of the USA Patriot Act, Bank Secrecy Act, and related local AML regulations