Compliance Officer, KYC Account Opening & Periodic Review (Wealth Management)
- Reviewing client profiles during account opening and recertification phase to ensure conformity to internal and regulatory requirements on AML/CFT/CDD standards, producing client risk assessments, due diligence analysis and assigning an appropriate risk rating.
- Provide advisory support to the business with regard to resolving newly identified adverse media, link to sanction countries related issues, identifying potential Politically Exposed Persons (PEP) etc.
- Assisting with the preparation, presentation of existing client relationship to a local risk committee with the objective of obtaining business & compliance management approval to start/maintain the relationship with the client.
- Review client transactions for the period under review and flag out any suspicious transactions with regard to unknown 3rd parties commercial nature etc.
- Perform risk assessment and make decisions with regards to unblocking of accounts
- Conducting investigations and filing suspicious transaction reports (STRs) as appropriate.
- Provide feedback to changes to internal KYC procedures.
- Keeping abreast of changes in the domestic regulatory requirements and be aware of the different obligations from other jurisdictions. If required, to conduct gap analysis.
- Provide training on internal new or revised policies and procedures and external new regulations to relevant stakeholders such as Front Office and/or Client Management teams.
- Ensure the timeliness and accuracy of status reporting on new a/c onboarding and recertification tracking, including escalations.
- Perform any other ad-hoc duties as assigned
Requirements: Min Degree qualified, with more than 3 years of relevant working experiences, preferably in Wealth Management or Private Banking focusing on KYC/AML reviews as well as transaction monitoring.
Interested applicants are welcome to submit detailed resume to: [Confidential Information]
CEI Registration: R1104662
EA Licence No.: 99C4599
EA Personnel Name: Celine Tan Si Ling
We regret to inform that only shortlisted candidates will be notified.
