KYC Analyst (Checker)
In this role, you're expected to:
- Perform KYC reviews and ensure documentation complies with local regulations and standards KYC reviews (Scheduled & Unscheduled Reviews for client types across varied risk classes). This includes monitoring and tracking of KYC records, assisting with the development and execution of action plans for expiring records, and ensuring records are not past due.
- Highlight any suspicious product usage from an AML perspective to senior management promptly for further review.
- Assist on KYC efforts in accordance with the CBSU AML KYC Ops procedures.
- Determine if the accounts are in scope.
- Conduct Client Identification, Verification and Screening.
- Validate and confirm information such as customer's address, employment (including employer), and connectivity to PEP/SPF (Sanctions Screening). This validation is based on existing information available or through approved third-party sites. Based on results, enhanced due diligence checks will be performed, including negative news and social media checks.
- Partner with internal units to ensure adequate due diligence process is carried out for customer accounts and documentation reviews.
- Send requests to Outreach/RM for accounts where additional information is required to complete the review.
- Ensure quality standards (90% and above) are maintained for KYC reviews undertaken.
- Escalate any tech issues or procedural clarifications to managers for further review and guidance.
- Ensure Quality Control (QC) reviews are performed on files prior to submission and respond to/correct any discrepancies identified during QC reviews.
- Submit records for Business Approval once the review is complete, and respond to/correct any discrepancies identified during BA reviews.
- Engage with customers via calls when necessary, as there is a probability of reaching out to them during reviews.
As a successful candidate, you'd ideally have the following skills and exposure:
- 5 - 8 years relevant experience in KYC/AML/Due Diligence or has banking experience is Preferred
- Knowledge of AML/KYC policies including bank systems, applications and due diligence processes
- Subject Matter Expert
- Strong analytical and comprehension skills with the ability to analyze and document large amounts of data
- Strong documentation skills to clearly articulate disposition
- Adherence to controls and compliance standards
Interested candidates may apply through the application system. We regret to inform only Shortlisted candidates will be notified.
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PERSOLKELLY Singapore Pte Ltd . RCB No. 200007268E . EA License No. 01C4394 . EA Registration No. R1877971 (Derrick Tiew Yong Han)
