Your role :
Are you detail oriented with strong research capability Do you have a strong sense of when things are not as they seem Do you enjoy working in an ever-changing environment & solving complex tasks Do you enjoy supporting a group of experienced Client Advisors in delivering an excellent client experience
This is a short term role for 6 months
We are looking for a Senior CDD Know Your Customer Officer, GWM Singapore to:
- perform Quality Assurance (QA) reviews across KYC and SoW documentation of new wealth management client (client onboarding documentation)
- support team lead to design QA and reporting tools to equip the team to complete reviews for newly onboarded wealth management clients and provide transparency on results
- complete QA to ensure quality of client files and documentation, and ensure we meet policy and regulatory standards
- provide feedback and lessons learnt to ensure quality standards can be met, provide solutions and guidance where deficiencies are identified
- provide advice and solutions regarding due diligence, KYC standards, internal policies, procedures, and local regulations
- strong stakeholder management with Front Office, Compliance, and other stakeholders with appropriate escalation
- senior escalation contact for QA
- proven track record in delivering KYC quality with commercial risk-based solutions
- experience in delivering timely remediation in accordance with project timelines
- highlight deficiencies, suspicious AML or other non-compliance issues to relevant parties and management
- identify and assess resulting ML/TF risks with respect to regulatory requirement as well as Group AML/CFT policy and procedures.
- support Internal/External audit, compliance testing and other supervisory visits as appropriate
Your team :
You will be working in the Operating Head Front Support Office, Global Wealth Management team in Singapore. We are comprised of Client Onboarding and Periodic Know Your Client teams. We work as part of the first line of defense in preventing money laundering, corruption and the financing of terrorism (AML/CFT). The team provides expert guidance to Front Office in all KYC matters, and partner Front Office in the CDD KYC process. In addition, works closely with Group Compliance on specific AML/KYC policy and procedures as well as client risk profiling related matters. The QA team reports to the Operating Head GWM and functions as the QA and Compliance Expert for the Front Office.
Your expertise :
- strong KYC/AML expertise in Wealth Management
- bachelor's degree with at least 3 years of working experience in KYC/AML areas, risk or controls functions, audit functions, preferably in Wealth Management
- familiar with regulatory requirements pertaining to KYC/AML, e.g., MAS 626
- 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
- self-motivated, independent, strong sense of ownership with ability to work in a team environment
- certifications in AML such as Certified Anti Money Laundering Specialist (CAMS) or International Association Diploma in Anti Money Laundering would be an advantage but not essential
