We are seeking a detail-oriented and analytical AML, KYC Consultant to join our Private Banking (PB) team on a contract basis in Singapore, Singapore. As a key member of our Risk, Regulatory & Compliance practice, you will work closely with our client's compliance and legal teams, leading cross-functional initiatives around Know Your Customer (KYC) and Anti-Money Laundering (AML) processes.
- Perform comprehensive KYC procedures for Private Banking clients
- Prepare KYC document collection checklists and gather data from Relationship Managers (RMs) and clients
- Conduct thorough identification and verification processes
- Execute screening procedures and manage hit escalation processes
- Update KYC data in relevant systems with accuracy and efficiency
- Perform four-eyes control checks on KYC profiles to ensure completeness and accuracy
- Conduct quality assurance reviews of completed KYC profiles
- Escalate all exceptions to Compliance for further review
- Collaborate with cross-functional teams to ensure adherence to AML and KYC regulations
- Stay updated on relevant regulatory changes and industry best practices