The KYC Officer role is a contract position offering exposure to a broad range of Anti-Money Laundering and Countering the Financing of Terrorism (AML/CFT) compliance activities within a dynamic banking environment. Working in a hybrid arrangement, the position plays a key part in safeguarding organisational integrity and ensuring adherence to regulatory standards.
Responsibilities
Monitor transaction alerts generated by AML systems, investigate suspicious activities and escalate or file Suspicious Transaction Reports as required
Review and clear alerts from name screening tools, including sanctions, Politically Exposed Persons (PEPs) and adverse media, in line with international regulatory requirements
Oversee client onboarding and periodic reviews, ensuring appropriate Customer Due Diligence and Enhanced Due Diligence for high-risk clients
Prepare and validate client data for Foreign Account Tax Compliance Act (FATCA) and Common Reporting Standard (CRS) reporting, ensuring accuracy and compliance
Support the maintenance and enhancement of AML systems, including transaction monitoring and name screening platforms
Assist in updating AML/CFT policies, procedures and enterprise-wide risk assessments while contributing to regulatory submissions and audit processes
Provide advice and training to business units on AML/CFT requirements, including sanctions and risk mitigation
Requirements
Degree with 3 to 5 years of experience in AML/KYC compliance within banking or Certified Public Accountant firms, preferably with exposure to private or corporate banking
Strong analytical and problem-solving skills with the ability to assess complex information
Effective communication and interpersonal skills, with the ability to collaborate across teams
Self-motivated with the ability to work independently and manage multiple responsibilities
Proficiency in English and Mandarin for business communication with relevant stakeholders
About the company
A company in the banking industry providing a range of financial products and services to its customers. Its Singapore operations support corporate and private banking activities within a regulated financial environment.
JAC Recruitment Pte. Ltd.
EA Licence: 90C3026