KYC/SOW Analyst (Private Bank|Up to $6k)

Adecco is partnering with a leading bank to look for a KYC/SOW Analyst

• Adecco is partnering with a leading bank to look for a KYC/SOW Officer
• This is a contract role

• Understanding of Source of Wealth/ Funds Corroboration.
• Take ownership in ensure a comprehensive, prompt, and high-quality review of client source of wealth and provide guidance to the front office and team colleagues on issues, addressing deficiencies in KYC information and documentation.
• Accurately identify gaps (if any) in client's source of wealth and assess the plausibility in line with MAS and the Bank's expectations.
• Conduct independent and meticulous reviews, incorporating plausibility checks and validation of Clients' Source of Wealth and source of funds.
• Perform detailed calculations to support the client's source of wealth journey, i.e accumulation of wealth over time
• Liaise with relationship managers for deficiencies of KYC information and obtain corroboration documentation.
• Assist relationship managers to succinctly translate the SoW information into a professional and quality write up.
• Report to the SoW remediation team lead for completion progress on a regular basis and escalate issues to Compliance where required.
• Collaborate with auditors and relevant stakeholders on audit and assurance-related matters.
• Coordination and collation of CDD related MIS.

• Minimally 2-3 years of experience in AML and Source of Wealth (SoW) experience for Client Onboarding and Periodic Reviews in a private banking environment.
• Knowledgeable and sensitive to the risks involved AML risks of private banking clients.
• Strong analytical writing skills and strong communication skills, including the ability to deal with potentially contentious issues effectively.
• Investigative mindset, innate professional scepticism, and ability to carry out plausibility testing.
• Familiar with excel and preparation of statistics for reporting

• We could contact you in the soonest time if you directly send your resume to: [email protected]
• Email Topic: Apply KYC SOW Analyst
• We regret to inform that only shortlisted candidates will be contacted

Cecilia Sim Xin Yang

Personnel Registration Number: R22105099