KYC Compliance Officer – Wealth Management (12-Month Contract)

Job Summary

Our client, a global bank, seeks a KYC Compliance Officer to support Wealth Management Compliance by conducting client due diligence and Source of Wealth assessments to ensure compliance and mitigate financial crime risks.

Responsibilities

• Conduct KYC and due diligence reviews for wealth-management clients to identify documentation gaps and detect potential financial crime risks
• Assess Source of Wealth (SoW) and Source of Funds (SoF) information by verifying supporting evidence and explanations of wealth accumulation
• Perform independent research and plausibility checks on clients’ wealth profiles to corroborate information
• Collaborate with Relationship Managers and stakeholders to obtain necessary information and resolve review findings
• Review ownership structures, adverse media, sanctions, and other risk factors, escalating concerns appropriately
• Prepare clear assessment reports, document recommendations, and maintain comprehensive review records
• Manage and complete assigned cases within agreed timelines while ensuring quality and accuracy

Required competencies and certifications

• Minimum 3 years of relevant KYC/AML experience, including hands-on Source of Wealth assessment for private banking or wealth management clients
• Experience conducting Customer Due Diligence (CDD), Enhanced Due Diligence (EDD), periodic reviews, or KYC remediation
• Ability to assess wealth plausibility, corroborate evidence, and identify inconsistencies effectively
• Familiarity with Singapore AML/CFT regulations and risk-based due diligence practices
• Strong analytical, research, written communication, and stakeholder management skills
• Attention to detail and ability to manage multiple cases within deadlines
• Commitment to a six-month contract

Preferred competencies and qualifications

• CAMS certification or an ICA compliance qualification is advantageous

Other Information

• EA Licence No.: 11C5502
• EA Registration No.: R1331697