AML KYC Manager - Singapore - LMA RECRUITMENT SINGAPORE PTE. LTD.

Description

AML KYC Manager (KYC) – 12 Months Contract

Department:Private Wealth Compliance

AML/CFT/Sanctions ADVISORY

• Advises FO on onboarding requirements
• Advises on and prepares risk framework
• Performs gap analysis for new regulatory requirements
• Review and update of AML/CFT/Sanctions related policies and procedures

ACCOUNT OPENING

• Reviews and checks client on-boarding and account opening documentation
• Performs detailed due diligence and compliance assessments on client on-boarding and account opening documentation
• Checks adherence to client with the on-boarding checklist (e.g. KYC, Hansha checks, World-Check or equivalent, Google searches, PEP status, VC etc.)
• Performs Customer Due Diligence and Enhanced Due Diligence

DAILY NAME SCREENING

• Reviews, clears with adequate justifications alerts in name screening tool (ad hoc and batch name screening, etc) and escalates relevant adverse hits

TRANSACTION MONITORING

• Review inflow/outflows of cash and assets
• Investigates unusual transactions
• Prepares STRs

PERIODIC REVIEWS

• Organises, tracks and performs the periodic KYC reviews including trigger event reviews
• Prepares documentation for re-approval by Senior Management

ADMIN/SYSTEMS

• Handles the filing and archiving of client documents
• Monitors the client status as accredited investors
• Liaises with external vendors for AML related matters.
• Performs reviews of parameters and functionalities of AML systems (threshold setting)
• Prepares KYC, AML training materials and delivers KYC, AML training.
• Prepares documents (client files, memos, etc) for submission to senior management.

Requirements

• Minimum 5 years of experience working within a similar function and industry.
• Good command in English writing skills as well as analytical skills
• Strong Customer Services mindset
• Good team player
• Positive and energetic
• With relevant customer services, account opening and CDD/KYC/AML Advisory/Periodic Review/Transaction Monitoring experience in Private Banking
• Able to advise on complex corporate structures.
• Mandarin, Bahasa or Japanese language knowledge would be a plus.
• Immediate/short term availability would be a plus.

Company Reg No.: D | License No.: 11C4684 | Reg No: R1435178, Nadiah Marican