Purpose of the Role
To lead all the support functions within KYCD which are critical to provide sustainability to MOD KYC which includes the following key focus, to oversee:
- KYC Audit and Regulatory,
- KYC MI and Reporting,
- KYC Client Strategy,
- KYC Change Management,
- KYC Data & Vendor Management
Primary Responsibilities
Strategic
- To manage and supervise the KYC support function team in ensuring they continue to deliver continuous improvement to the KYC operation team
- Support BAU governance forums, provide strategic project support, monitoring project progress, and ensuring completion within the acceptable appetite
- To be part of Global KYC Team (GKYCO), and support the global initiatives and projects to achieve global standardization within KYC
- Be involved in Local / Global Projects, be a champion representing KYC, to coordinate and oversee execution of assigned strategic project deliverables for KYC Department
- Build business cases that support decisions to ensure optimal solutions are based on both commercial and business requirements
- Collaborate with internal/ external partners including IT to drive and support enhancements and system improvements
- Working closely with relevant internal stakeholders to develop procedures and guidelines to improve KYC for onboarding of new clients, develop SLA and clear definitions for business and client to minimise communications with clients and develop straight through processes.
- Involved in data and vendor management process with other stakeholders as part of KYC Local/Global Projects.
Financial
- Timely completion of KYC Review to prevent KRI breaches which impact the balance scorecard for the business.
Customer
- Develop relationship with Business Heads, front office staff, Financial Crime Compliance and other internal stakeholders in order to address concerns, prioritise workload for the team and identify areas of risk for the bank
People
- To support and mentor staffs in achieving their assignments effectively.
- Develop and retain talents for strong succession pipeline
- Maintain team spirit and morale of the department.
Other/Control
- Comply with all applicable legal, regulatory and internal Compliance requirements, including, but not limited to, the Singapore Compliance manual and Compliance policies and procedures as issued from time to time.
- Financial Security requirements, including, but not limited to, the prevention of Financial Crime and Fraud including reporting obligations to the Money Laundering Reporting Officer.
Job Requirements:
- At least Bachelor's degree in finance or Banking
- Minimum 10 years of banking experience with 7 years KYC experience in corporate within Global bank or Financial Institutions.
- Experience in supervisory position and project management.
- Good working knowledge of financial regulatory requirements and AML risk implications; experience with regulatory and / or KYC related topics
- Accurate, diligent and the ability to deliver high quality results within tight deadlines
We regret to inform that only shortlisted candidates will be notified.
Job ID: 10062861
