Compliance Analyst (KYC) - 6 months contract - Singapore
We are seeking an experienced KYC and Compliance Analyst to conduct due diligence on companies engaging with us, ensuring compliance with AML, sanctions, and financial crime regulations. This role involves building risk assessments, identifying potential violations, and overseeing the company's compliance profile across APAC.
KYC Responsibilities:
- Conduct KYC due diligence of PEP and any other high-risk clients and counterparties, ensuring compliance with regulatory requirements (KYC/AML, Financial Crimes, & Sanctions regulations).
- Conduct periodic KYC reviews and refresh relevant KYC.
- Handles queries from internal clients such as AML Front Control/Front office/ operations and external auditors and internal auditors regarding KYC matters.
- Gather, verify, and maintain an audit trail of actions.
- Keep team databases and progress trackers updated.
- Assess clients from a risk and regulatory perspective, identifying and escalating potential issues.
- Collaborate with key stakeholders to resolve issues and manage caseloads effectively.
Compliance Responsibilities:
- Ensure new employees complete compliance training promptly.
- Stay informed about APAC news that may impact business operations.
- Develop and implement business reviews to identify potential risks.
- Collaborate with stakeholders to identify issues and develop risk mitigation solutions.
The Ideal Candidate:
- 5+ years of experience in KYC due diligence
- 4+ years of KYC experience in Private Banking.
- Familiar with Singapore Regulations such as Banking Act, SFA, FAA.
- Proficiency in Microsoft Outlook, Word, and Excel.
- Capable of handling multiple projects simultaneously.
EA License Number: 16S8131
Recruiter License Number: R22105628
