KYC Compliance Officer – Wealth Management (6-Month Contract)
Must-have:FinTech
About the company
Our client, a global bank, seeks a KYC Compliance Officer to support Wealth Management Compliance by conducting client due diligence and Source of Wealth assessments to ensure compliance and mitigate financial crime risks.
Your tasks
- Conduct KYC and due diligence reviews for wealth-management clients to identify documentation gaps and detect potential financial crime risks
- Assess Source of Wealth (SoW) and Source of Funds (SoF) information by verifying supporting evidence and explanations of wealth accumulation
- Perform independent research and plausibility checks on clients’ wealth profiles to corroborate information
- Collaborate with Relationship Managers and stakeholders to obtain necessary information and resolve review findings
- Review ownership structures, adverse media, sanctions, and other risk factors, escalating concerns appropriately
- Prepare clear assessment reports, document recommendations, and maintain comprehensive review records
- Manage and complete assigned cases within agreed timelines while ensuring quality and accuracy
Requirements
Required competencies and certifications
- Minimum 3 years of relevant KYC/AML experience, including hands-on Source of Wealth assessment for private banking or wealth management clients
- Experience conducting Customer Due Diligence (CDD), Enhanced Due Diligence (EDD), periodic reviews, or KYC remediation
- Ability to assess wealth plausibility, corroborate evidence, and identify inconsistencies effectively
- Familiarity with Singapore AML/CFT regulations and risk-based due diligence practices
- Strong analytical, research, written communication, and stakeholder management skills
- Attention to detail and ability to manage multiple cases within deadlines
- Commitment to a six-month contract
Preferred competencies and qualifications
- CAMS certification or an ICA compliance qualification is advantageous
Other
Other Information EA Licence No.: 11C5502 EA Registration No.: R1331697