Role Summary
Our client, a reputable bank is seeking to fill CDD and onboarding manager for corporate banking and private bank clients
Key Responsibilities
- Manage end-to-end onboarding of corporate and private banking clients, including account opening, KYC documentation, and approval workflows.
- Review and assess onboarding documentation for completeness, accuracy, and regulatory compliance.
- Coordinate with Relationship Managers, Compliance, Legal, and Operations to ensure timely onboarding.
- Handle complex onboarding cases including PEPs, high-risk jurisdictions, trusts, SPVs, and complex ownership structures.
- Conduct initial and enhanced due diligence (EDD) on high-risk clients and complex structures.
- Perform beneficial ownership analysis and verify source of wealth/source of funds.
- Assess AML/CFT risk ratings and escalate high-risk cases for approval.
- Ensure ongoing CDD reviews are completed in line with regulatory and internal policy requirements.
- Ensure compliance with MAS regulations and global AML/CFT standards.
- Monitor regulatory updates and implement changes into onboarding and CDD processes.
- Support internal and external audits, regulatory inspections, and compliance reviews.
- Identify and escalate suspicious activity in coordination with Compliance and Financial Crime teams.
- Evaluate client risk profiles across jurisdiction, industry, transaction behavior, and ownership structure.
- Ensure appropriate risk classification and application of risk-based approach (RBA).
- Maintain accurate documentation of risk decisions and approval rationales.
- Work closely with Relationship Managers, Private Bankers, Corporate Bankers, Compliance, Legal, and Operations teams.
- Act as key point of contact for onboarding-related queries and escalations.
- Support front office teams in resolving documentation gaps and regulatory requirements.
- Drive enhancements in onboarding workflows, systems, and digital KYC platforms.
- Contribute to policy development and procedural updates for onboarding and CDD.
- Support automation and efficiency initiatives to improve turnaround time and client experience.
Requirements
- Degree in Banking, Finance, Business, Law, or related discipline.
- 7 - 10+ years of experience in KYC, AML, onboarding, or CDD within corporate banking, private banking, or financial services.
- Strong understanding of AML/CFT regulations and MAS regulatory framework.
- Experience handling complex structures (trusts, funds, SPVs, corporates, UHNW clients).
- Strong analytical, documentation, and risk assessment skills.
- Excellent stakeholder management and communication skills.
- ACAMS or equivalent AML certification is an advantages
Interested candidates kindly forward your CV to [Confidential Information] (EthelTan Seok Khoon, Reg No: R2096281). Feel free to forward this great opportunity to someone who would be a great fit for this role.
All information will be kept strictly confidential. We regret to inform that only successful applicants will be contacted.
PeopleSearch Pte Ltd
EA License No: 16S8057
