KYC Associate

Job description

This role offers you the opportunity to play a pivotal part in ensuring the highest standards of compliance and due diligence are met during the account opening process for private wealth clients.

You will be at the forefront of safeguarding regulatory integrity by meticulously reviewing and validating KYC and CDD submissions, while working closely with Relationship Managers to enhance onboarding quality.

The organisation values collaboration, professionalism, and a proactive approach, providing a supportive environment where your attention to detail and commitment to excellence will be highly regarded.

With full-time office-based work arrangements, you will benefit from being part of a knowledgeable team that prioritises training opportunities, professional growth, and a culture built on trust and shared success.

• Join a reputable financial institution's Private Wealth division in Singapore, contributing directly to robust compliance processes and high-quality client onboarding.
  
  
• Enjoy a 12-month renewable contract with the genuine possibility of permanent employment based on your performance and how well you integrate into the team.
  
  
• Work in an inclusive, collaborative environment that values your expertise in KYC, CDD, and regulatory requirements while supporting your ongoing professional development.
  
  

What you'll do:

As a KYC Associate Private Wealth, you will immerse yourself in the critical function of ensuring that every client onboarding case meets both regulatory expectations and internal standards.

Your day-to-day activities will involve thorough review and validation of KYC/CDD documentation, focusing particularly on the robustness of Source of Wealth corroboration.

By collaborating with Relationship Managers, you will help bridge any gaps in submissions through constructive feedback and guidance.

Your ability to manage multiple cases simultaneously under tight deadlines will be essential as you track progress against SLAs. In addition to core responsibilities, you will contribute to broader compliance initiatives such as quality assurance reviews and audits.

Success in this role hinges on your meticulous approach, strong communication skills, and unwavering commitment to upholding compliance best practices within private wealth management.

• Review KYC and CDD write-ups submitted by front office teams for completeness, clarity, and accuracy, ensuring strict alignment with MAS AML/CFT regulations as well as internal policies.
  
  
• Corroborate Source of Wealth (SOW) explanations by verifying supporting evidence and challenging any inconsistencies or gaps identified in submissions.
  
  
• Conduct secondary reviews of supporting documents when discrepancies or insufficient corroboration are noted in initial write-ups.
  
  
• Act as the checker within the maker/checker framework by validating all onboarding submissions before they proceed for approval.
  
  
• Collaborate closely with Relationship Managers to seek clarifications, request enhancements, and provide guidance on strengthening KYC/SOW narratives.
  
  
• Track and manage assigned onboarding cases efficiently to meet service level agreements (SLAs) and prevent overdue accounts.
  
  
• Escalate potential anti-money laundering or counter-financing of terrorism concerns promptly to senior team members or Financial Crime Compliance (FCC).
  
  
• Support ad hoc tasks such as conducting quality assurance checks, responding to audit requests, or participating in process improvement initiatives.
  
  
• Undertake additional compliance-related assignments or projects as directed by the Team Lead or Head of Private Wealth BCCO.
  
  

What you bring:

To excel as a KYC Associate Private Wealth, you will bring proven experience from similar roles within private banking or financial services environments where rigorous compliance standards are paramount.

Your academic background supports your technical expertise while your practical exposure ensures familiarity with complex regulatory frameworks such as MAS AML/CFT.

You possess an analytical mindset paired with exceptional attention to detail-qualities that empower you to scrutinise documentation thoroughly while maintaining accuracy under pressure.

Your interpersonal strengths enable you to collaborate seamlessly across teams; you communicate clearly when guiding Relationship Managers through enhancements or clarifications.

Organisational skills are second nature as you juggle multiple priorities without compromising quality.

Above all else, your sense of responsibility towards ethical conduct and communal success sets you apart as someone who thrives in environments built on trust and mutual support.

• A degree in Banking, Finance, Business or a related field is preferred for this position.
  
  
• At least three to five years' experience in AML, CDD or KYC review roles within private banking or other financial institutions is required.
  
  
• Demonstrated understanding of Source of Wealth corroboration requirements alongside comprehensive knowledge of MAS AML/CFT regulations is essential.
  
  
• Meticulous attention to detail with an ability to identify gaps or inconsistencies in documentation and challenge them constructively is vital.
  
  
• Excellent collaboration skills enabling you to build effective working relationships with Relationship Managers and internal stakeholders are necessary.
  
  
• Strong time management abilities allowing you to handle multiple onboarding cases efficiently under tight timelines are important.
  
  
• A professional attitude marked by integrity, reliability, teamwork orientation and a proactive mindset is expected for this role.
  
  

What sets this company apart:

This organisation stands out for its steadfast commitment to fostering an inclusive workplace where every team member's contribution is valued.

Employees benefit from being part of a respected financial institution renowned for its robust governance standards and dedication to client service excellence.

The company places significant emphasis on professional development through ongoing training opportunities designed to keep staff abreast of evolving industry regulations and best practices.

A culture rooted in collaboration ensures that knowledge sharing is encouraged at every level-enabling individuals not only to grow their own expertise but also support colleagues' success.

Do note that we will only be in touch if your application is shortlisted.

Robert Walters (Singapore) Pte Ltd

ROC No.: E | EA Licence No.: 03C5451

EA Registration No.: R Glen Chua

Required Skill Profession

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