KYC/AML Specialist (Private Banking)
REVUP CONSULTING PTE. LTD.
Our client, a well-established bank is looking for experienced KYC/AML Specialists for their private banking arm.
Responsibilities
- Perform AML/CFT reviews for Private Banking clients, ensuring compliance with MAS regulations and internal policies.
- Conduct CDD, EDD, client onboarding, and periodic KYC reviews for HNW/UHNW clients, including source of wealth/funds verification.
- Review transaction monitoring, sanctions, PEP, and adverse media alerts, escalating suspicious activities and preparing STRs where required.
- Provide AML/KYC advisory to Private Bankers on client onboarding, documentation, and financial crime risk.
- Review complex client structures, including trusts, family offices, and offshore entities.
- Support FATCA/CRS reporting, regulatory audits, AML system enhancements, and policy updates.
- Keep abreast of regulatory developments and support implementation of AML/CFT control enhancements.
Requirements
- Degree holder with 4–7 years' AML/KYC Compliance experience in Private Banking or Wealth Management.
- Strong knowledge of AML/CFT regulations, KYC/CDD/EDD, sanctions, transaction monitoring, and MAS requirements.
- Experience handling HNW/UHNW clients and complex ownership structures preferred.
- Strong analytical, communication, and stakeholder management skills.
Interested applicants may submit their updated resume via ***email_hidden*** in strict confidence for consideration.
We also welcome referrals of suitable candidates within your professional network.
Ethel Tan
Consultant, Financial Services
