KYC/AML Specialist (Private Banking)

KYC/AML Specialists (Private Banking)

Our client, a well-established bank is looking for experienced KYC/AML Specialists for their private banking arm.

Responsibilities

• Perform AML/CFT reviews for Private Banking clients, ensuring compliance with MAS regulations and internal policies.
• Conduct CDD, EDD, client onboarding, and periodic KYC reviews for HNW/UHNW clients, including source of wealth/funds verification.
• Review transaction monitoring, sanctions, PEP, and adverse media alerts, escalating suspicious activities and preparing STRs where required.
• Provide AML/KYC advisory to Private Bankers on client onboarding, documentation, and financial crime risk.
• Review complex client structures, including trusts, family offices, and offshore entities.
• Support FATCA/CRS reporting, regulatory audits, AML system enhancements, and policy updates.
• Keep abreast of regulatory developments and support implementation of AML/CFT control enhancements.

Requirements

• Degree holder with 4–7 years' AML/KYC Compliance experience in Private Banking or Wealth Management.
• Strong knowledge of AML/CFT regulations, KYC/CDD/EDD, sanctions, transaction monitoring, and MAS requirements.
• Experience handling HNW/UHNW clients and complex ownership structures preferred.
• Strong analytical, communication, and stakeholder management skills.

Interested applicants may submit their updated resume via [email protected] in strict confidence for consideration.

We also welcome referrals of suitable candidates within your professional network.

Ethel Tan

Consultant, Financial Services

RevUp Consulting

EA Licence No.: 22S1193

EA Registration No.: R2096281

LinkedIn: www.linkedin.com/in/etheltansk