Job Description
We are partnering with an established regional bank to hire a KYC Analyst to support client onboarding and ongoing due diligence activities.
The successful candidate will be responsible for conducting KYC reviews, assessing Source of Wealth information, and ensuring compliance with internal policies and regulatory requirements.
Responsibilities
- Conduct KYC reviews for new client onboarding and periodic account reviews
- Assess and validate Source of Wealth (SoW) and Source of Funds (SoF) documentation
- Perform customer due diligence (CDD) and enhanced due diligence (EDD) where required
- Review client profiles and identify potential AML, sanctions, or reputational risks
- Liaise with Relationship Managers and internal stakeholders to obtain and verify required documentation
- Ensure KYC records are complete, accurate, and maintained in accordance with regulatory requirements and internal policies
- Support remediation exercises, audit requests, and regulatory-driven projects
- Escalate potential issues and exceptions in a timely manner
- Stay updated on AML/CFT regulations and compliance requirements
Requirements
- Degree in Banking, Finance, Business, Law, or a related discipline
- Minimum 2 years of experience in KYC, client onboarding, AML, compliance, or financial crime within the banking industry
- Experience reviewing Source of Wealth and Source of Funds documentation
- Familiarity with MAS regulations and AML/CFT requirements
- Strong analytical skills and attention to detail
- Ability to manage multiple cases and work effectively in a fast-paced environment
- Strong communication and stakeholder management skills
Candidates who meet the above requirements are welcome to submit their updated CV for a confidential discussion.
Claire Ang (R22109899)
EA License: 22S1193
