KYC Analyst / Senior Analyst- 12 Month Contract - Toa Payoh
- Month Contract with a global leading organisation.
There are 2 levels of role available, and the salary on offer shall be dependent on experience and a realistic expectation in line with current / previous drawn salaries.
Previous experience in Retail Banking would be advantageous.
A thorough knowledge of KYC policies and procedures in a Banking environment is essential.
Immediate Start is available and preferred.
Work you’ll do
Conduct client due diligence during onboarding and periodic reviews, ensuring compliance with AML/KYC obligations.
Validate and verify KYC information through comprehensive research and cross referencing internal and external databases.
Identify and escalate cases involving politically exposed persons and customers with medium to high AML risk.
Perform enhanced due diligence for customers with higher AML risk ratings, addressing complex compliance issues.
Conduct Source of Wealth review in accordance with regulatory and industry standards and advise on assessment and corroboration gaps; perform subsequent uplift to required standards.
Provide support to the Compliance function by handling ad hoc queries, evaluating sanctions alerts, and investigating transaction monitoring alerts for potential fraud.
Document the rationale for escalating or dismissing sanctions and transaction alerts, stay updated on AML regulations, and co-lead a team ensuring quality and efficiency.
Requirements
Undergraduate degree in a relevant field (e.g., accounting, law) and a professional certification is a plus.
5+ years of experience in KYC, SOW, AML, forensic accounting, fraud investigation, or related fields, ideally within consulting, financial, accounting, or legal institutions.
Basic understanding of KYC / AML regulations and money laundering schemes.
Experience providing financial crime consulting to various banking sectors and skills in analyzing, drafting, and presenting reports.
Strong team player with good communication, analytical, and report-writing skills, and a commitment to professional excellence.
Willingness to travel client’s office when needed, participate in practice growth, and work under minimal supervision in a dynamic environment.