At Julius Baer, we celebrate and value the individual qualities you bring, enabling you to be impactful, to be entrepreneurial, to be empowered, and to create value beyond wealth.
Let’s shape the future of wealth management together.
At Julius Baer, we are committed to upholding the highest standards of compliance and risk management.
The KYC Uplift Specialist plays a key role in enhancing the quality and robustness of existing client due diligence by conducting thorough reviews of KYC profiles.
This position ensures alignment with evolving regulatory expectations, internal policies, and industry best practices.
YOUR CHALLENGE
Business Management
Perform review and uplift of existing KYC profiles to meet enhanced regulatory and internal policy requirementsReview and corroborate Source of Wealth using appropriate documents, contextual analysis and market insightsIdentify and assess the risk of opaque legal structuresReview client’s transactions for the period under periodic review; ensure the transactional activities are aligned with client’s risk profile and flag out any suspicious transactions with regards to unknown 3rd partiesAddress Sanction true matches, as well as true matches for other AML/CFT risks identified during Name and Media ScreeningIdentify and escalate newly identified risk indicators or unusual transaction patterns during course of reviewsMaintain clear and comprehensive documentation of review rationale and decisionsEnsure timely and quality completion of assigned cases in line with defined timelineSupport periodic reporting and status updates for internal governanceProvide advice to Front employees on KYC/CDD- related mattersProvide advice to the management and local risk committees on the AML/CFT risk of a client relationshipContribute to continuous improvement by identifying recurring gaps and suggesting enhancements to proceduresClient Management (internal & external)
Build strong relationships with key stakeholders such as Front Office and Compliance teams.Work closely with overseas offices (particularly, Hong Kong, Dubai and Thailand) to provide input on KYC reviewsRegulatory Responsibilities &/OR Risk Management
Demonstration of appropriate values and behaviours including but not limited to standards on honesty and integrity, due care and diligence, fair dealing (treating customers fairly), management of conflicts of interest, competence and continuous development, adequate risk management, and compliance with applicable laws and regulationsEnsure that KYC/CDD issues are properly identified, assessed and documentedEnsure that where KYC/CDD measures cannot be completed, mitigating measures are in place for and timely escalation to Compliance where suspicious activities /conduct is also notedRANK APPLICABLE TO THE POSITION
AM/ADYOUR PROFILE
Personal and Social
A strong sense of responsibility and impeccable integrityStrong personality with good organisational skillsExcellent communication skillAbility to effectively manage internal and external stakeholdersSetting the right priorities and ability to work on multiple assignments at the same timeStrong analytical skillsExcellent command of spoken and written English, other languages are an advantageProfessional and Technical
Prior experience in conducting KYC review or client due diligence roles within private bank is preferredExperience interpreting financial documents (e.g. financial statements, property deed)Strong knowledge of the regulatory expectations (e.g. MAS 626 Notice & Guidelines) and enhanced due diligence practices, especially in SoW corroborationA good degree and understanding of the private banking industry and or trust companyWe are looking forward to receiving your full job application through our online application tool.