Duration: 6 Months Contract (renewable, Project)

Location: Raffles Place

KYC Specialist plays a key role in enhancing the quality and robustness of existing client due diligence by conducting thorough reviews of KYC profiles.

This position ensures alignment with evolving regulatory expectations, internal policies, and industry best practices.

Description:

• Perform review and uplift of existing KYC profiles to meet enhanced regulatory and internal policy requirements.
• Review and corroborate Source of Wealth using appropriate documents, contextual analysis and market insights.
• Identify and assess the risk of opaque legal structures
• Review client’s transactions for the period under periodic review; ensure the transactional activities are aligned with client’s risk profile and flag out any suspicious transactions with regards to unknown 3rd parties.
• Address Sanction true matches, as well as true matches for other AML/CFT risks identified during Name and Media Screening.
• Identify and escalate newly identified risk indicators or unusual transaction patterns during course of reviews.
• Maintain clear and comprehensive documentation of review rationale and decisions
• Ensure timely and quality completion of assigned cases in line with defined timeline.
• Support periodic reporting and status updates for internal governance.
• Provide advice to Front employees on KYC/CDD- related matters.
• Provide advice to the management and local risk committees on the AML/CFT risk of a client relationship.
• Contribute to continuous improvement by identifying recurring gaps and suggesting enhancements to procedures.
• Build strong relationships with key stakeholders such as Front Office and Compliance teams.
• Work closely with overseas offices (particularly, Hong Kong, Dubai and Thailand) to provide input on KYC reviews.
• Ensure that KYC/CDD issues are properly identified, assessed and documented.
• Ensure that where KYC/CDD measures cannot be completed, mitigating measures are in place for and timely escalation to Compliance where suspicious activities /conduct is also noted.

Requirements:

• 5- 8 years' experience in conducting KYC review or client due diligence roles within Private Bank / Wealth Management
• Hands-on experience handling high-risk clients, including PEPs, complex ownership structures, trusts, and offshore arrangements.
• Experience interpreting financial documents (e.g. financial statements, property deed).
• Strong knowledge of the regulatory expectations (e.g. MAS 626 Notice & Guidelines) and enhanced due diligence practices, especially in SoW corroboration

• A good degree and understanding of the Private Banking and Wealth Management industry
  

We regret that only shortlisted candidates will be notified.

GMP Technologies (S) Pte Ltd | EA Licence: 11C3793 | Charnele Tan | Registration No: R1105360