Know Your Client Advisory Lead

Know Your Client Advisory Lead

Singapore

Operations, Risk

Global Wealth Management

Job Reference #: 314898BR

City: Singapore

Job Type: Full Time

Your role

Are you detail oriented with strong research capability? Do you have a strong sense of when things are not as they seem? Do you enjoy working in an ever-changing environment & solving complex tasks? Do you enjoy supporting a group of experienced Client Advisors in delivering an excellent client experience?

We are looking for an experienced AML/Know Your Client Specialist in GWM Singapore to:

1. Lead a team of KYC staff supporting GWM Singapore CDD AML/KYC process.
2. Perform KYC due diligence reviews of wealth management clients.
3. Provide advice and solutions regarding due diligence, KYC standards, internal policies, procedures, and local regulations.
4. Plan, direct and supervise KYC/AML activities in full compliance with internal policy and regulatory requirements.
5. Plan and implement KYC/AML related projects and/or process improvement initiatives to improve risk control and client journey.
6. Strong stakeholder management across both 1LoD and 2LoD.
7. Support internal audits, reviews, and/or regulatory inspections.
8. Collaborate with regional teams to align standards and implementation of regional initiatives.
9. Act as KYC/AML Champion, and be the primary interface with Front Office, WMO, Internal Audit, FCSS and other Risk & Control functions on KYC/AML matters.
10. Represent on various governance forums including AML Taskforce and other Business Risk and Operational Risk Committees etc.
11. Oversight on KYC metrics to determine trends and follow ups.
12. Coach and develop a team of professionals with high KYC/AML standards.
13. Implement changes in AML regulations, existing policies/procedures to ensure compliance with the required standards.
14. Keep on top of regulatory developments in the prevention of money laundering and terrorist financing activities.

Your team

You will be working in the Operating Head Front Support Office Southeast Asia, Global Wealth Management team in Singapore. We are comprised of Client Onboarding and Periodic Know Your Client teams. We work as part of the first line of defense in preventing money laundering, corruption and the financing of terrorism (AML/CFT). The KYC Specialist provides expert advice to Front Office in all KYC matters, and partners with Front Office in the CDD KYC process. In addition, works closely with Group Compliance on specific AML/KYC policy and procedures as well as client risk profiling related matters. The KYC team reports to the Operating Head GWM and functions as the Compliance Expert for the Front Office.

Your expertise

1. Strong KYC/AML expertise in Wealth Management.
2. Minimum of 15 years of experience in banking industry, at least 10 years as a people manager.
3. Possess critical thinking and able to review, analyze client's risk profile to ascertain onboarding risks and if within bank's risk appetite.
4. Able to uplift CDD KYC/AML operating processes, commercial risk-based solutions ensuring KYC risks are duly considered.
5. Broad knowledge of Asia's rules and regulations, with focus on KYC/AML e.g. MAS, HKMA, ASIC, RBI/SEBI, JFSA.
6. Proven track record in delivering timely remediation in accordance with project timelines.
7. Proven track record in leading the team to initiate and implement strategic initiatives for KYC quality uplift and process improvements.
8. Excellent critical thinking and analysis skills, problem-solving capacities.
9. Self-motivated, independent, strong sense of ownership with ability to work in a team environment.
10. An excellent spoken and written knowledge of English & Mandarin language skills are beneficial but not mandatory.
11. Certifications in AML such as Certified Anti Money Laundering Specialist (CAMS) or International Association Diploma in Anti Money Laundering would be an advantage but not essential.

About us

UBS is the world’s largest and the only truly global wealth manager. We operate through four business divisions: Global Wealth Management, Personal & Corporate Banking, Asset Management and the Investment Bank. Our global reach and the breadth of our expertise set us apart from our competitors.

Join us

At UBS, we embrace flexible ways of working when the role permits. We offer different working arrangements like part-time, job-sharing and hybrid (office and home) working. Our purpose-led culture and global infrastructure help us connect, collaborate, and work together in agile ways to meet all our business needs.

Contact Details

UBS Business Solutions SA
UBS Recruiting

Disclaimer / Policy statements: UBS is an Equal Opportunity Employer. We respect and seek to empower each individual and support the diverse cultures, perspectives, skills and experiences within our workforce.