Business Compliance Manager

Key Responsibilities

Client Due Diligence & Onboarding

Perform first-line review of client onboarding files submitted by RMs, including:

• KYC information
• AML/CFT due diligence
• Source of Wealth (SOW) & Source of Funds (SOF) verification
• Corroboration and documentation checks

Ensure adherence to internal policies and MAS regulatory requirements prior to account approval Support review and escalation of high-risk clients, PEPs, complex structures

Ongoing Client Lifecycle & Monitoring

Conduct periodic reviews (PR/DD) and trigger-event reviews Review client activity alerts, transactional patterns, and screening hits Assist in timely resolution and documentation of compliance issues

Policy Governance & Control Implementation

Support development, enhancement, and implementation of WM compliance procedures Assist in drafting / updating SOPs, workflows, and onboarding governance frameworks Ensure consistency with group policies while meeting local regulatory standards

Communication & Coordination

Serve as primary compliance liaison for the Wealth Management front office Coordinate with internal stakeholders, including Compliance, Operations, Legal, and Risk Provide advisory support to RMs on onboarding requirements and compliance documentation Assist in training front-office teams on AML/KYC standards and new regulatory developments

External Audit & Regulatory Interface

Support preparation of materials for MAS reviews, regulatory queries, and internal audits Ensure accurate reporting and timely submission of required information

Other Responsibilities

Support Head of Wealth Management on compliance-related initiatives and remediation work Contribute to continuous improvement of WM governance and control framework Perform other duties assigned in support of business and regulatory readiness

Qualifications & Requirements

• Bachelor’s degree in Finance, Law, Business, or related field
• Minimum 5+ years experience in KYC/AML/compliance, preferably in private banking or wealth management
• Solid understanding of MAS AML/CFT regulations, customer due diligence standards, and wealth management products
• Prior exposure to SOW/SOF corroboration, periodic review processes, and PEP/high-risk client handling