Location:Singapore (Work from Office)
Type:6 months Contract
Vertical:Financial Markets / WealthManagement
Experience: 1+ years (Open to both junior and senior candidates. Salarybenchmarked to experience)
Summary
As a member of the KYC/AML Specialist team, you will serve as akey liaison between client relationship teams and AML Refresh Operations,ensuring end-to-end management ofclient periodic reviewsforthe Private Banking and Private Wealth Management business line.
Responsibilities
- Periodic Reviews & Remediation: Manage the end-to-end Periodic KYC Review (PKR)lifecycle for high-risk and complex accounts. Address backlogs and volumesurges, drive targeted remediation exercises, and process trigger events incompliance with MAS and HKMA regulatory standards.
- Source of Wealth (SoW) & Risk Assessment: Analyze complex ownership structures (trusts,foundations, SPVs, and offshore entities). Evaluate and reconstruct historicalSource of Wealth (SoW) and Source of Funds (SoF) narratives, gathercorroborating documentary evidence, and draft clear risk-mitigation rationalefor Compliance approval.
- Front-Office & Stakeholder Liaison: Serve as a dedicated KYC Subject Matter Expert(SME) for Client Advisors (CAs) and Market Team Heads. Guide relationship teamsthrough CDD requirements, explain policy rationale, track pending
- documentation.and resolve compliance escalations to ensure timely case closure.
- Screening & Due Diligence Validation: Perform Sanctions, PEP, and Adverse Mediascreening using industry tools (e.g., Factiva, LexisNexis). Validate incomingclient documentation for completeness and secure necessary sign-offs fromBusiness and Compliance stakeholders.
- Pipeline Tracking & Process Optimisation: Track and report on annual refresh populations andoutstanding remediation files in partnership with coverage teams. Identifyworkflow bottlenecks and recommend process improvements to enhance operationalefficiency, accuracy, and automation.
Eligibility Requirements
- Bachelor’s Degree in a banking / finance with a Minimum of 1 plus years of hands-on experience in KYC operations, specifically within Private Banking or Private Wealth Management
- Strong KYC/AML expertise, with experience in AML CDD policy standards and industry practices in AML CDD
- Excellent stakeholder management and interpersonal skills, with the ability to work across teams and communicate with colleagues at various levels
- Proficient in using KYC-related platforms and tools (e.g., CAWB, CBD, AppSuite, Cosima, Factiva, Lexis Nexis), with a strong willingness to adapt to new technologies and systems
- Understanding of the operational aspects of products and services used by Banking clients
KYC Analyst – Private Banking (6 months contract) in Penarth employer: ECLERX PRIVATE LIMITED
As an AML Risk – Source of Wealth (SOW) Specialist in Singapore, you will join a dynamic team within a leading financial institution that prioritises employee development and a collaborative work culture. The company offers competitive benefits, including professional growth opportunities and a supportive environment that encourages innovation and teamwork, making it an excellent employer for those seeking a meaningful career in the financial sector.
