KYC Analyst (Private Banking) - 1-Year Contract
Profession: Compliance, Risk Management, and Anti-Money Laundering
Job Type: Contract (12 Months)
Location: Central
Salary: Up to $8,000 Per Month
Job Description
A leading financial institution is seeking an experienced KYC Analyst to join our dynamic team on a 12-month project. This role is central to our commitment to regulatory excellence and focuses on conducting high-quality KYC reviews for our Private Banking and High-Net-Worth clientele.
You will be responsible for the end-to-end KYC process, applying your subject matter expertise to ensure robust due diligence and compliance with MAS and HKMA regulations. This is an excellent opportunity for a detail-oriented professional to contribute to a critical function within a fast-paced environment.
Key Responsibilities
- Conduct end-to-end, holistic KYC reviews for Private Banking and High-Net-Worth-Individual (HNWI) customer profiles, ensuring strict adherence to internal policies and MAS/HKMA regulatory requirements.
- Perform comprehensive Source of Wealth (SOW) benchmarking and narrative write-ups, exercising critical judgment to assess the plausibility and legitimacy of the customer's wealth.
- Prepare clear and concise risk assessments, identifying potential AML/CFT concerns and escalating high-risk cases to senior management as appropriate.
- Manage KYC cases effectively to meet internal deadlines and quality standards, ensuring timely completion.
- Collaborate with Relationship Managers and other internal stakeholders to resolve documentation gaps and enhance the overall quality of KYC records.
- Participate in status tracking, reporting, and project monitoring activities to ensure project milestones are met.
- Contribute to team discussions and knowledge-sharing initiatives to uphold and promote best practices across the KYC function.
Job Requirements
- Minimum of 3 years of hands-on experience in KYC/AML roles, with a strong preference for backgrounds in private banking or wealth management.
- Proven, practical experience in conducting holistic KYC reviews, with specific expertise in Source of Wealth (SOW) analysis and narrative write-ups.
- Strong understanding and application of MAS and HKMA AML/CFT regulatory frameworks.
- Prior involvement in AML/KYC remediation, refresh, or transformation projects within a financial institution is highly advantageous.
- Excellent analytical, writing, and case handling skills with a demonstrated ability to work independently and manage priorities.
- Strong communication and stakeholder management skills.
- Proficiency in project tracking tools and MI reporting is a plus.
- Must be willing and able to work onsite full-time.
If you are a meticulous KYC professional looking to apply your skills to a challenging and impactful project, we encourage you to apply.
Interested candidate please click APPLY to begin your job search journey and submit your CV.
PERSOL Singapore Pte Ltd . RCB No. 200007268E . EA License No. 01C4394
R1327265 (CHNG JINGWEI)
