Compliance Officer (Wealth Management) - 1 Year Contract, Singapore

Compliance Officer, KYC Account Opening & Periodic Review (Wealth Management) Reviewing client profiles during account opening and recertification phase to ensure conformity to internal and regulatory requirements on AML/CFT/CDD standards, producing client risk assessments, due diligence analysis and assigning an appropriate risk rating. Provide advisory support to the business with regard to resolving newly identified adverse media, link to sanction countries related issues, identifying potential Politically Exposed Persons (PEP) etc. Assisting with the preparation, presentation of existing client relationship to a local risk committee with the objective of obtaining business & compliance management approval to start/maintain the relationship with the client. Review client transactions for the period under review and flag out any suspicious transactions with regard to unknown 3rd parties commercial nature etc. Perform risk assessment and make decisions with regards to unblocking of accounts Conducting investigations and filing suspicious transaction reports (STRs) as appropriate. Provide feedback to changes to internal KYC procedures. Keeping abreast of changes in the domestic regulatory requirements and be aware of the different obligations from other jurisdictions. If required, to conduct gap analysis. Provide training on internal new or revised policies and procedures and external new regulations to relevant stakeholders such as Front Office and/or Client Management teams. Ensure the timeliness and accuracy of status reporting on new a/c onboarding and recertification tracking, including escalations. Perform any other ad-hoc duties as assigned Requirements: Min Degree qualified, with more than 3 years of relevant working experiences, preferably in Wealth Management or Private Banking focusing on KYC/AML reviews as well as transaction monitoring.
Interested applicants are welcome to submit detailed resume to: (HIDDEN TEXT) CEI Registration: R1104662 EA Licence No.: 99C4599 EA Personnel Name: Celine Tan Si Ling We regret to inform that only shortlisted candidates will be notified.