KYC Officer (Private Banking) (1-year)

About the Company

A prestigious global financial institution.

About the Job

Lead and oversee the end-to-end KYC process for private banking accounts, ensuring strict alignment with regulatory guidelines and internal standards.

Perform initial (Level 1) reviews on client documentation and profiles for completeness and precision within designated timeframes.

Assess client risk ratings and refine risk mitigation tactics based on ongoing due diligence findings and transaction patterns.

Partner closely with relationship managers, compliance units, and senior leadership to streamline workflows and resolve escalation points.

Pinpoint opportunities to optimize and automate the existing KYC framework to elevate operational performance.

Update and maintain static client records for the Singapore branch upon system access authorization.

Execute ad-hoc tasks, special assignments, and management-led initiatives as required.

Skills and Requirements

Practical experience in private banking KYC operational processes, including Level 1 document checks and profile verification.

Solid understanding of regulatory compliance, customer due diligence, transaction monitoring, and risk mitigation methodologies.

Experience collaborating with relationship managers, compliance departments, and executive stakeholders to clear bottlenecks.

Track record of identifying workflow efficiencies or automation opportunities within client onboarding structures.

Familiarity with static data management and handling ad-hoc project deliverables in a banking environment.

To apply online please use the 'apply' function.

(EA: 94C3609/ R24124496)