Role Overview:
We are seeking a highly motivated and experienced professional to join our team as a Manager or Assistant Manager in the Client Onboarding Team with key focus on performing KYC/CDD function. This role is critical in ensuring the effective onboarding and ongoing due diligence of both individual and corporate clients, in compliance with regulatory requirements and internal standards.
Responsibilities:
- Conduct and Review Customer Due Diligence (CDD) and Know Your Customer (KYC) for individual and corporate clients, ensuring completeness and regulatory compliance.
- Perform screening, risk assessments, and Enhanced Due Diligence (EDD) where applicable.
- Implement and enhance controls and workflows related to client onboarding, processing, and maintenance to ensure regulatory compliance and improve turnaround times.
- Proactively address onboarding issues and implement risk mitigation measures.
- Serve as first-level escalation for complex or high-risk cases, providing clear guidance and advisory.
- Stay up to date on AML/CFT regulations, sanctions, and industry best practices to keep stakeholders informed and recommend necessary updates to internal procedures.
Requirements:
- Minimum of 5 years of relevant experience in KYC/CDD, preferably within financial services or related industries.
- Strong knowledge of MAS AML/CFT regulations and industry best practices.
- Strong hands-on experience in Source of Wealth (SOW) corroboration and documentation.
- Experienced in handling complex client profiles and performing SOW reviews.
- Excellent analytical, communication, and stakeholder management skills.
- Detail-oriented, accountable, and confident in making decisions in ambiguous situations.
