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Urgent! VP / AVP, KYC Specialist - Client Onboarding, Private Banking, Consumer Banking Group Job Opening In Singapore, Singapore – Now Hiring DBS Bank
Business Function: DBS?
Private Banking offers a one-stop, full-service touch-point for total banking requirements and provides the highest level of personalised banking.
We have a team of dedicated, experienced investment advisors who identify opportunities in the various asset classes and employ the best strategies and product vehicles to cater to each client?s needs.
Coupled with partnerships within the DBS network and with global institutions, we strive to build long-term relationships with our Private Banking clients in Asia by providing them with high quality, timely and extensive wealth management, investment and financial solutions.Job Purpose: The KYC Specialist provides expert advice to Front Office in all KYC customer due dilignce (CDD) matters, and partner Front Office in the KYC CDD review process, from the beginning of client onboarding till approval.
In addition, The specialist works closely with Group Compliance on specific AML/KYC policy and procedures as well as client risk profiling related matters.
The KYC team reports to the COO Office and functions as the Compliance Expert for the Front Office.Responsibilities: * Advise Front Office on the onboarding requirement in accordance to Bank?s AML/KYC standards and regulatory requirement, and partner with Front Office to meet the requirement.* Review and corroborate customer's source of wealth (SOW) information submitted by RM, perform an independent review and risk rate customer in accordance to regulatory requirement as well as Group AML/CFT policy and procedures.* Follow up with Front Office (RM & ARM) and other stakeholders on customer CDD related matters and for escalated/prioritised cases.* Assess and ensure the relevance and completeness of CDD information supplied by Front Office and perform appropriate due diligence checks and information searches to comply with bank standards of client onboarding.* Highlight deficiencies, suspicious AML or other non-compliance issues to relevant parties and management.* Prepare reports for management reporting to facilitate relevant reviews and strengthen the control procedures and process.* Train the Front Office on client documentation and KYC related subjects.* Coach the junior team members and provide guidance in exception handling.* Involve in projects for new processes or industry initiatives, and internal/external audits.* Keep abreast of global AML/CFT developments that impact due diligence on wealth clients and ensure compliance with all other controls and processes.Requirements: * Bachelor?s degree with at least 8-12 years of working experience in KYC/AML areas, risk or controls functions, preferably in Private Banking.* Familiar with regulatory requirements pertaining to KYC/AML in a Private Banking setting, e.g., MAS 626.
customer SOW due diligence etc* Certifications in AML such as Certified Anti Money Laundering Specialist (CAMS) or International Association Diploma in Anti Money Laundering would be an advantage.* Ability to be client centric while balancing business needs and controls.* Excellent interpersonal skills to manage relationships with Front Office stakeholders.* An efficient solutions provider with strong analytical and creative problem-solving skills.Apply NowWe offer a competitive salary and benefits package and the professional advantages of a dynamic environment that supports your development and recognizes your achievements.
✨ Smart • Intelligent • Private • Secure
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Unlock Your VP AVP Potential: Insight & Career Growth Guide
Real-time VP AVP Jobs Trends in Singapore, Singapore (Graphical Representation)
Explore profound insights with Expertini's real-time, in-depth analysis, showcased through the graph below. This graph displays the job market trends for VP AVP in Singapore, Singapore using a bar chart to represent the number of jobs available and a trend line to illustrate the trend over time. Specifically, the graph shows 1885 jobs in Singapore and 1822 jobs in Singapore. This comprehensive analysis highlights market share and opportunities for professionals in VP AVP roles. These dynamic trends provide a better understanding of the job market landscape in these regions.
Great news! DBS Bank is currently hiring and seeking a VP / AVP, KYC Specialist Client Onboarding, Private Banking, Consumer Banking Group to join their team. Feel free to download the job details.
Wait no longer! Are you also interested in exploring similar jobs? Search now: VP / AVP, KYC Specialist Client Onboarding, Private Banking, Consumer Banking Group Jobs Singapore.
An organization's rules and standards set how people should be treated in the office and how different situations should be handled. The work culture at DBS Bank adheres to the cultural norms as outlined by Expertini.
The fundamental ethical values are:The average salary range for a VP / AVP, KYC Specialist Client Onboarding, Private Banking, Consumer Banking Group Jobs Singapore varies, but the pay scale is rated "Standard" in Singapore. Salary levels may vary depending on your industry, experience, and skills. It's essential to research and negotiate effectively. We advise reading the full job specification before proceeding with the application to understand the salary package.
Key qualifications for VP / AVP, KYC Specialist Client Onboarding, Private Banking, Consumer Banking Group typically include Other General and a list of qualifications and expertise as mentioned in the job specification. Be sure to check the specific job listing for detailed requirements and qualifications.
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Here are some tips to help you prepare for and ace your job interview:
Before the Interview:To prepare for your VP / AVP, KYC Specialist Client Onboarding, Private Banking, Consumer Banking Group interview at DBS Bank, research the company, understand the job requirements, and practice common interview questions.
Highlight your leadership skills, achievements, and strategic thinking abilities. Be prepared to discuss your experience with HR, including your approach to meeting targets as a team player. Additionally, review the DBS Bank's products or services and be prepared to discuss how you can contribute to their success.
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