Private Banking Compliance, Senior Executive/Assistant Manager

We are partnering with an established financial institution that is expanding its  Private Banking business in Singapore  and is looking for an experienced compliance professional to support the establishment and development of its Private Banking platform. This is an opportunity to be involved from an early stage, helping to develop the  compliance framework, policies, onboarding controls, documentation and systems  supporting the Private Banking business in Singapore. Key Responsibilities Support the establishment and development of the  Private Banking business in Singapore , ensuring compliance with MAS regulations and internal policies.

Develop and enhance Private Banking policies and procedures covering  AML/CFT, KYC, CDD/EDD, customer risk assessment and onboarding .

Draft and review  account-opening documentation, customer agreements and product/service procedures .

Provide compliance advisory support across Private Banking products and services, including  deposits, FX, financing, insurance and trust referrals, funds, bonds, equities and structured products .

Review Private Banking customer onboarding and ongoing compliance matters, including  KYC/CDD/EDD, Source of Wealth (SOW), Source of Funds (SOF), PEP and sanctions screening, periodic reviews and transaction monitoring .

Support regulatory reporting, compliance escalation and remediation where required.

Work closely with  IT and relevant stakeholders  to define system requirements and implement Private Banking systems and compliance controls.

Partner with business, operations and Head Office stakeholders on compliance and regulatory matters.

What We're Looking For Bachelor's degree in  Finance, Banking, Business, Law  or a related discipline.

Approximately  3–5 years of relevant Private Banking Compliance experience in Singapore .

Experience within a  private bank, international bank or established wealth/financial institution  would be preferred.

Strong practical knowledge of  AML/CFT, KYC/CDD/EDD, SOW/SOF assessment, sanctions, PEP screening and customer risk assessment .

Good understanding of  MAS regulations and Singapore's AML/CFT regulatory framework .

Experience supporting  Private Banking client onboarding and compliance advisory .

Exposure to Private Banking products such as investments, structured products, FX, financing, funds and bonds would be advantageous.

Strong documentation and policy-drafting capabilities.

Proactive, detail-oriented and comfortable working with multiple stakeholders in a growing business environment.

Please note only shortlisted candidates will be contacted. Shirley Tan (EA Licence Number: 25S2710 /Registration ID: R21103665)