We are seeking a diligent and detail-oriented KYC Analyst to join our Private Banking team. The successful candidate will be responsible for conducting thorough client reviews, ensuring compliance with anti-money laundering (AML) standards and client onboarding processes. This role demands a deep understanding of regulatory requirements and the ability to identify and manage risks associated with private banking clients.
Responsibilities:
- Conduct in-depth KYC (Know Your Customer) reviews as part of the client onboarding and accounts approval processes in the private banking sector.
- Analyze and approve client onboarding documents, ensuring compliance with the regulations.
- Identify and assess risks related to politically exposed persons (PEP), sanctions, and reputational issues.
- Perform continuous client risk assessments and monitor transactions to identify suspicious activities.
- Work collaboratively with compliance teams to ensure all private banking operations adhere to AML/CFT (Anti-Money Laundering/Countering the Financing of Terrorism) frameworks.
- Utilize office automation tools such as MS Excel, MS Word, and MS PowerPoint to create reports and presentations for internal and external stakeholders.
Requirements:
- A university degree in Accountancy, Finance, Business Administration, or a related field; higher education is advantageous.
- At least 3-5 years of experience in AML/KYC within the private banking sector, including a minimum of 2 years in an accounts approval role.
- Comprehensive knowledge of client onboarding processes in Hong Kong and/or Singapore, including Source of Wealth (SoW), Source of Funds (SoF), and purpose of accounts.
- Strong understanding of the AML/CFT framework, particularly in relation to private banking.
- Proficiency in MS Office tools (Excel, Word, PowerPoint) and familiarity with other office automation software.
Preferred Skills:
- Excellent analytical and decision-making skills.
- Strong communication and interpersonal skills, capable of working effectively with clients and team members.
- Proactive in identifying and resolving issues.
To apply please click the Apply button or send us your updated profile to [email protected]
EA Licence No.:18S9405 / EA Reg. No.:R1330864
Percept Solutions is undergoing a growth phase and are on the lookout for talent. Applicants are encouraged to follow Percept Solutions on LinkedIn @ https://www.linkedin.com/company/percept-solutions/ to stay up to date on our upcoming roles and events.
