A regional bank is looking for AML/KYC Compliance Officers to support its Private Banking business. The role covers client onboarding, transaction monitoring, name screening, AML investigations and broader AML compliance matters.

Responsibilities:

Review client onboarding and periodic reviews, including CDD, EDD, Source of Wealth (SOW) and Source of Funds (SOF) assessments.
Assess high-risk and complex client profiles, including beneficial ownership, PEP, adverse media and sanctions risks.
Investigate transaction-monitoring alerts and escalate suspicious activities for STR filing where required.
Review name-screening alerts relating to sanctions, PEPs and adverse media.
Prepare and validate client information for FATCA and CRS reporting.
Support AML systems, EWRA exercises and enhancements to AML controls.
Maintain AML/CFT policies and procedures in accordance with MAS Notice 626 and Head Office requirements.
Support regulatory submissions, audits, inspections and compliance reviews.
Provide AML/CFT advisory and training to business units and employees.
Monitor regulatory developments and implement necessary control enhancements.
Perform other duties assigned by the Head or Deputy Head of Legal and Compliance.

Requirements:

Degree holder with 3 to 5 years of AML/KYC compliance experience in a bank and/or Big Four accounting firm.
Private Banking experience would be advantageous.
Experience in client onboarding, CDD/EDD, SOW/SOF assessment, transaction monitoring or sanctions screening.
Good understanding of MAS AML/CFT requirements, including MAS Notice 626.
Strong analytical, investigative, problem-solving and communication skills.
Able to work independently and collaboratively within a team

Candidates who meet the above requirements are welcome to submit their updated CV for a confidential discussion.

Claire Ang
R22109899
EA License: 22S1193

AML/KYC Compliance Officer Regional Private Bank