A regional corporate bank is seeking an experienced KYC professional to support the review and approval of client onboarding activities for Corporate Banking clients. The successful candidate will be responsible for reviewing KYC documentation, ensuring compliance with regulatory requirements, internal policies and operational standards.
Key Responsibilities
- Review and approve KYC and account onboarding documentation for new and existing Corporate Banking clients in accordance with regulatory requirements and internal policies.
- Perform quality checks on Customer Due Diligence (CDD) documentation to ensure completeness, accuracy and compliance with MAS AML/CFT requirements.
- Review customer information and update the bank's core systems accurately and promptly.
- Ensure client records and KYC documentation are properly maintained in accordance with internal policies and record retention requirements.
- Validate client instructions and ensure timely and accurate processing.
- Investigate and resolve issues arising during the KYC review and account onboarding process.
- Support static data maintenance activities and ensure customer information remains up to date.
- Participate in KYC-related projects, system enhancements and user acceptance testing (UAT).
- Update KYC and static data maintenance procedures in accordance with regulatory changes and internal policies.
- Provide guidance and support to Operations and internal stakeholders on KYC and onboarding matters.
- Contribute to continuous process improvement initiatives and operational excellence.
- Perform ad hoc duties and provide team coverage when required.
Requirements
- Bachelor's Degree in Business, Finance, Banking or a related discipline.
- At least 5 years of experience in KYC, AML, Client Onboarding or Account Opening within the Corporate Banking industry.
- Experience reviewing and approving KYC documentation for corporate clients.
- Good understanding of MAS AML/CFT regulations and corporate customer due diligence requirements.
- Familiarity with corporate structures, beneficial ownership and customer due diligence documentation will be an advantage.
- Strong attention to detail with the ability to identify documentation gaps and compliance risks.
