This role will mainly undertake the KYC onboarding and periodic review functions as well as manage the onboarding aspects and account opening for new and existing customers.
Job Responsibilities:
- Conduct onboarding of corporate clients in accordance with KYC and due diligence requirements
- Conduct annual KYC reviews/ trigger reviews within stipulated timeframe and with minimal reworks
- Conduct risk assessments and prepare exceptional handling memos where required
- Review and ensure documents collected for KYCs and account openings are complete and properly certified in accordance with regulatory and internal requirements
- Undertake AML risk analysis, CDD and EDD checks in line with MAS and Bank's regulations
- Ability to understand complex transaction structures and flow of funds to determine AML risks
- Ensure accurate data inputs in the Bank's eKYC system
Job Requirements:
- Diploma or Bachelors’ degree with minimum 3-5 years of KYC experience within a Corporate Banking/Investment Banking sector with thorough understanding of end-to-end KYC process
- Experience covering funds and trusts is an added advantage
- Good working knowledge and understanding of current regulatory compliance requirements pertaining to KYC/AML/sanctions
- Meticulous, proactive, organized, and self-motivated
- Good communication and interpersonal skills
- Works independently as well as within the team with the ability to multi-task, prioritise and work under pressure
