Job Requirement:
- 4 years of experience in Private Banking KYC and AML advisory in Singapore.
- Knowledgeable and sensitive to the risks involved in onboarding various types of private banking clients, including complex structures like trusts, foundations, and private investment companies.
- Well versed with MAS regulations and private banking guidelines.
- Work independently and meet deadlines.
Responsibilities:
- Perform source of wealth and risk assessment and approve onboarding of new accounts in an efficient and timely manner.
- Identify risk factors and ensure they are adequately addressed and mitigated.
- Support stakeholders with timely advice on AML related matters, including the Bank’s AML policy, standards and procedures related to the account opening.
- Enable business growth whilst balancing risk awareness and manage money laundering/terrorism financing risks. This requires keeping abreast of changes to regulatory requirements and emerging risks in this in an evolving regulatory landscape.
- Train and provide guidance to junior team members in the client onboarding team.
- File Suspicious Transaction Reports (STRs) for prospects which are rejected due to AML concerns
- Provide approval for accounts blocked by Client Onboarding team for enhanced monitoring Eg monitor for incoming and outgoing transfer of fund/securities.
Thanks, and Best Regards
Karanam Vijaya Kiran
(EA Registration no: R1443178)
Recruitment Manager
Hand Phone: +65 92333815
Helius Technologies Pte Ltd (EA Licence No: 11C3373)
