Summary: The AML/KYC Compliance Officer role at a Private Bank in Singapore involves ensuring compliance with regulatory requirements set by the Monetary Authority of Singapore and other relevant authorities. The position requires managing KYC processes, conducting compliance reviews, and supporting the Compliance team in various tasks. The contract duration is between 6 to 12 months, emphasizing the importance of anti-money laundering and financial crime compliance. Fluency in English and Mandarin is essential due to the clientele's exposure to the Greater China market.

Key Responsibilities:

• Assist the Head of AML and Head of Compliance Singapore in maintaining an effective control framework that meets both group and local regulatory requirements.
• Manage KYC processes, client onboarding, and conduct relevant training sessions.
• Conduct regular compliance reviews, including client acceptance, periodic reviews, transaction monitoring, payment filtering, client screening, and timely filing of Suspicious Transaction Reports (STRs).
• Prepare detailed working papers, draft monitoring reports, and ensure timely resolution of compliance issues.
• Contribute to ad hoc projects and support the Compliance team in areas like Monitoring & Surveillance or general advisory tasks.

Key Skills:

• Bachelor’s degree qualification.
• Fluency in English and Mandarin (both written and spoken) is essential, with the ability to read Mandarin documents.
• 5-10 years of experience in compliance and financial crime compliance, preferably in private banking.
• Knowledge of the Greater China market is an advantage.
• Strong communication, analytical, and problem-solving skills.
• Ability to collaborate effectively with different stakeholders and offer business-friendly solutions.
• Self-motivated, proactive, and a team player.

Salary (Rate): 48000

City: Singapore

Country: Singapore

Working Arrangements: Hybrid

IR35 Status: undetermined

Seniority Level: undetermined

Industry: Other