Client Due Diligence Specialist - Singapore - Bank of Singapore

Bank of Singapore

Verified Company

Singapore

2 weeks ago

Posted by:

Wei Jie

beBee Recruiter

Description

Client Due Diligence Specialist - SOW Uplift Review (Associate/Senior Associate)

-

(

230000R1

)

Description

Main Duties

Accurately identify gaps (if any) in client's source of wealth and assess the plausibility in line with MAS and the Bank's expectations.
Perform detailed calculations to support the client's source of wealth journey, i.e accumulation of wealth over time.
Liaise with relationship managers for deficiencies of KYC information and obtain corroboration documentation.
Assist relationship managers to succinctly translate the SoW information into a professional and quality write up.
Report to the SoW remediation team lead for completion progress on a regular basis and escalate issues to Business Compliance Managers or Compliance where required
Coordination and collation of CDD related MIS.

Qualifications

Work Experience Requirements

At least 8 years of experience in AML and Source of Wealth (SoW) experience for Client Onboarding and Periodic Reviews in a private banking environment.
Knowledgeable and sensitive to the risks involved AML risks of private banking clients.
Strong analytical writing skills and strong communication skills, including the ability to deal with potentially contentious issues effectively.
Familiar with excel and preparation of statistics for reporting.

Education Requirements

Diploma/ Degree holder
ACAMs or ICA would be preferred

Primary Location:

Singapore

Job:

Client On-boarding

Organization:

Bank of Singapore Division

Schedule:

Permanent

:
Full-time

Job Posting:
17-Apr-2023, 1:52:43 AM