About the job
Position: KYC Specialist (Permanent)
About the Role:
Join a prominent Asian Securities firm situated conveniently across from Clarke Quay MRT. We are seeking a dedicated and detail-oriented KYC Specialist to become an integral part of our Client Services team, specializing in KYC and client onboarding processes. In this role, you will engage collaboratively with business, compliance, and operations teams to ensure adherence to regulatory standards for KYC documentation.
Key Responsibilities:
- Analyze client profiles to identify necessary KYC information as per established procedures.
- Facilitate the review and collection of KYC documentation for new clients and assess existing client documents across various categories, including individuals, corporates, funds, and financial institutions.
- Perform preliminary due diligence checks, name screenings, background checks, and basic risk assessments in alignment with internal AML/CFT/CPF guidelines.
- Coordinate with internal stakeholders and clients to gather required documentation and resolve any KYC-related inquiries or issues.
- Assist in tracking and monitoring onboarding pipelines, outstanding items, and periodic review schedules.
- Escalate any KYC deficiencies or red flags to senior team members for further evaluation.
- Support documentation processes and maintain a data matrix for regular team reviews, reporting, audits, or regulatory inquiries.
- Engage in discussions aimed at process improvement and contribute innovative ideas to enhance operational efficiency.
- Ensure accurate record-keeping and data integrity across internal systems.
- Identify and escalate operational, regulatory, and other risks to the line manager and functional leads as necessary; contribute to the development and implementation of mitigation or control solutions as required.
Qualifications and Experience:
- A minimum of 3 years of relevant experience in KYC/CDD or client onboarding.
- Strong proficiency in KYC profiling and account documentation, with in-depth AML/KYC knowledge in the banking or financial sector.
- Ability to develop a comprehensive understanding of the customer base, demonstrating sensitivity to customer needs.
- Familiarity with AML/CFT/CPF standards and regulatory expectations (e.g., CRS, FATCA, SIP).
- Detail-oriented, with a strong analytical mindset and problem-solving capabilities.
- Excellent interpersonal skills and a compliance-focused attitude.
- Effective communication skills with a readiness to liaise with both clients and internal stakeholders.
- A collaborative team player capable of multitasking efficiently and adhering to tight deadlines, with a proactive learning attitude.
- Proficient in Microsoft Excel; experience in data tracking and basic analysis is preferred.
- Any AML/CAMs certifications are advantageous but not mandatory.
