Our client, a well- established private bank with a presence in Europe and APAC region is looking to expand their business. The company is looking for a VP- KYC Compliance officer.
Please contact Sophia Lin via email your cv directly in word format with job reference no. Jo00000 14688 to sophia@theedgepartnership.com
Please note that due to the high number of applications only shortlisted candidates will be contacted. If you do not hear from us in the next 5 business days we regret to inform you that your application for this position was unsuccessful.
EA Licence: 16S8131
Recruiter Licence: R22104669
sophia@theedgepartnership.com
Key responsibilities
- Perform primarily enhanced due diligence periodic reviews of PEP (and any other high risk) clients
- Review and investigate KYC related issues relating to PEP periodic reviews or any other high risk periodic review escalated by first-line function
- Perform enhanced due diligence review on High Risk/PEP account opening (if necessary)
- Handles queries from the internal clients (AML Front Control/Front office/ operations)/external auditors and internal auditors in relation to KYC matters.
- Handles internal requests to liaise with IT department regarding system issues and enhancement. i.e. Avaloq and Content Manager.
- Undertakes adhoc projects (if any)
- Unblocking of transactions
- Assist with relevant management information reporting on a monthly basis (i.e. Branch Management Committee and Group KRI Reports)
Key Performance indicators
- Ability to identify KYC issues and ensure client meets regulatory and internal requirements before account opening
- Ability to perform KYC reviews and name hits review promptly
Role requirements
- Degree or recognized professional qualifications, ideally in business, accounting or law.
- At least 7 years relevant KYC experience in a financial institution with knowledge of the Singapore regulations, i.e. Banking Act, SFA, FAA.
- Prior experience in a similar role in a Private Bank will be advantageous or preferred
- Good communication and writing skills in English.
- Proficiency in reading mandarin will be advantageous or preferred
- Initiative and able to work independently.
- Strong interpersonal skills and a good team player.
- Strong analytical and evaluative skills and attention to details.
- Good computer skills in MS Excel, Word & Powerpoint
- Contribute to execution excellence of the Bank’s new client onboarding process, complying with regulatory requirements, i.e. prompt turnaround time, prompt follow up on pending documents