1 Year Contract KYC Analyst (Periodic Review & Source of Wealth) Private Banking

1 Year Contract - KYC Analyst (Periodic Review & Source of Wealth) - Private Banking

Salary: S$5,000 - S$8,000 per month

Our client is in the Private Banking area.

Job Responsibilities

. Perform end-to-end periodic reviews (PR) for Private Banking clients in accordance with AML/CFT regulatory requirements and internal KYC policies.

. Conduct comprehensive reviews of client profiles to ensure customer information remains accurate, complete, and up to date.

. Assess and validate clients Source of Wealth (SOW) and Source of Funds (SOF) through documentary evidence and supporting information.

. Analyse customer risk profiles and perform risk assessments based on customer activities, jurisdictions, products, and transaction behaviour.

. Identify KYC documentation gaps, inconsistencies, or potential financial crime risks, and recommend appropriate remediation actions.

. Liaise closely with Relationship Managers, Compliance, and Operations teams to obtain outstanding KYC documents and clarify client information.

. Review complex client structures, including trusts, offshore entities, family offices, and high-net-worth individuals (HNWIs), where applicable.

. Conduct name screening, PEP, sanctions, and adverse media reviews in accordance with internal policies and regulatory requirements.

. Ensure periodic reviews are completed accurately within established service level agreements (SLAs) and regulatory timelines.

. Escalate high-risk cases, unusual findings, or potential AML concerns to Compliance for further assessment.

. Maintain complete and accurate client records, review documentation, and audit trails within internal systems.

. Support remediation projects, regulatory initiatives, and process improvement activities relating to KYC and client due diligence.

Job Requirements

. Degree in Banking, Finance, Business, Accountancy, Law, or a related discipline.

. 3-8 years of experience in KYC, Client Due Diligence (CDD), Enhanced Due Diligence (EDD), Periodic Review, or AML Compliance within Private Banking or Wealth Management.

. Strong knowledge of MAS AML/CFT regulations, Private Banking KYC standards, and regulatory requirements.

. Hands-on experience assessing Source of Wealth (SOW) and Source of Funds (SOF) for high-net-worth and ultra-high-net-worth clients.

. Familiarity with sanctions screening, PEP screening, adverse media review, and client risk assessments.

. Experience handling complex ownership structures, trusts, and corporate entities is an advantage.

. Strong analytical, investigative, and documentation skills with high attention to detail.

. Excellent communication skills with the ability to engage Relationship Managers and Compliance teams effectively.

. Proficient in Microsoft Office applications experience with KYC platforms such as Fenergo, World-Check, or similar systems is an advantage.

Please send your application directly via [Confidential Information] for a faster response.

Only shortlisted candidates will be notified.

(Jann) Tan Wei Ying (R1103708)

Email Address: [HIDDEN TEXT]

Recruit Express Pte Ltd

EA License No: 99C4599

Recruiter's Ref Code: #BJJ