Key Responsibilities
- Conduct KYC due diligence for onboarding, periodic reviews, and remediation of clients across different segments (corporate, private banking, institutional).
- Perform detailed Source of Wealth (SOW) analysis and validation, ensuring narratives and supporting documentation are adequate, accurate, and compliant with regulatory requirements.
- Assess and verify Source of Funds (SOF) where required, ensuring transparency and reasonableness.
- Prepare and document clear rationales for SOW assessments, in line with internal policy and regulatory expectations.
- Identify, investigate, and escalate potential AML, sanctions, fraud, or reputational risks to senior management or compliance as necessary.
- Collaborate with front office, compliance, and other stakeholders to resolve KYC-related queries promptly.
- Keep abreast of evolving AML/KYC regulations and SOW standards across relevant jurisdictions.
- Support internal audits, regulatory inspections, and periodic control testing by providing accurate KYC/SOW documentation.
Requirements
- Bachelor's degree in Finance, Business, Law, or related field.
- Minimum 2-3 years of KYC/AML experience within banking or financial services.
- Hands-on experience with Source of Wealth and Source of Funds validation.
- Excellent knowledge of CDD/EDD processes and relevant AML regulatory frameworks.
- Excellent analytical, investigative, and documentation skills with attention to detail.
- Good communication and stakeholder management skills.
- Good to have CAMS or equivalent AML certification.
Interested Applicants, please email your resume to (R1441955), stating the position as the subject title in the email. All Applications will be handled with strict confidentiality.
