KYC Analyst (Banking/Contract/Up to $6500)
Summary
Performs customer due diligence, KYC screening, and AML risk assessments for banking clients, ensuring compliance with Singapore regulations.
- To conduct CDD for New-to-Bank prospect onboarding and existing customers reviews
- To work directly (or through the Relationship Managers) with prospects and existing customers for timely onboarding and prompt completion of reviews
- To guide prospects and existing customers in providing us with the required KYC information and documents (which include account opening forms, KYC Questionnaires, Risk Assessment forms)
- To perform KYC Screening, review past transactions, conduct enhanced due diligence, and assess the AML / CFT / sanctions risk of prospects and existing customers
- To escalate potential risk concerns in a timely manner and make risk calls where appropriate
Requirements:
- Diploma/Degree in Banking, Finance, Business, Accountancy or a related discipline.
- Minimum 2–5 years of relevant KYC/CDD/AML experience within banking or financial services.
- Prior hands-on experience in KYC remediation, periodic reviews or client lifecycle management is highly preferred.
- Good understanding of CDD, EDD, AML/CFT and sanctions requirements.
- Experience reviewing individual and/or corporate customer KYC profiles, including ownership structures, UBOs, source of wealth/funds and customer risk assessments.
- Hands-on experience conducting name screening, sanctions/PEP/adverse media checks and identifying potential AML/KYC red flags.
- Able to review historical transactions and customer activity to assess whether activities are consistent with the customer's profile.
- Familiarity with MAS AML/CFT regulatory requirements and Singapore banking compliance standards.
- Able to independently identify and escalate higher-risk or potentially suspicious cases for further review.
- Strong documentation skills with the ability to maintain clear KYC rationale, risk assessments and audit trails.
PERSOL Singapore PteLtd • UEN No. 200007268E • EA License No. 01C4394 •EA Registration No.R22109454 (Malcolm Lee Jun Hao)
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