KYC / AML Specialist

KYC / AML Specialist
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Location: Singapore (Office)

Type: Full-time

Vertical: Financial Markets
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Summary
As a member of the KYC/AML Specialist team, you will serve as a support member for the client relationship teams, partnering to meet Anti Money Laundering (AML) Client Due Diligence (CDD) Refresh requirements. You will partner with product sales and other banking or markets relationship teams, manage a client refresh population, reach out for key AML/CDD documentation, and act as an escalation point for service or operational challenges that may arise in KYC refresh.

KYC/AML analysts act as the primary point of coordination between Banking/Markets and AML Refresh Operations teams to ensure timely and accurate compliance to policy and regulatory requirements in KYC refresh. You will ensure the accuracy of documentation, and screening, obtain approvals from Compliance and Business and complete refresh cases in a timely and accurate manner.

Responsibilities

• Support annual KYC refresh for Banking and Markets clients
• Execute with client perspective while balancing risk to the firm
• Support a culture of teamwork and collaboration focused on goals and delivery
• Adhere to standards for timeliness and accuracy of AML CDD case completion
• Master CDD requirements applicable to the banking clients and guide clients and bank staff in complying with them
• Understand and adopt process recommendations and procedural updates derived from changes to policy, technology adoption and process enhancements
• Coordinate with partners in other regions and LOBs to ensure partnership in global KYC initiatives
• Assist in tracking both Annual refresh population and other KYC related populations in partnership with coverage team
• Ability to communicate in Mandarin with Chinese clients for business purposes

Eligibility Requirements

• 5+ years of experience in financial services preferably with banks
• Strong KYC/AML expertise, with experience in AML CDD policy standards and industry practices in AML CDD
• Experienced in CDD KYC/AML operating processes, with knowledge of regulatory requirements for APAC (MAS, HKMA)
• Proven stakeholder relationship/influence management skills to achieve swift adoption through close partnerships
• Previous experience in client facing roles and must demonstrate a strong client focus
• Understanding of the operational aspects of products and services used by Banking clients
• Self-motivated, independent, strong sense of ownership with ability to work in a team environment.
• The ability to find ways of solving or pre-empting problems
• Understands and respects cultural differences
• Bachelor’s degree