VP, Client Due Diligence Group, Periodic Review Lead

Job Responsibilities Team Leadership & People Management • Lead and manage a team of KYC analysts performing Periodic Reviews for Financial Institution customers. • Drive productivity, quality, and service delivery against established KPIs and turnaround time requirements. • Conduct coaching, mentoring, and performance development of team members. • Support succession planning, training, and capability development within the team. • Promote a culture of continuous improvement and operational excellence. KYC Periodic Review Oversight • Oversee end-to-end execution of Periodic Reviews for FI customers (including Commercial banks,Investment banks, Central banks, Securities firms, Asset managers, Fund managers, Insurance companies, Other regulated financial institutions) • Ensure reviews are completed accurately and within regulatory timelines. • Validate customer information, ownership structures, authorized signatories, business activities, and risk factors. • Review complex ownership structures and high-risk customer relationships. AML Risk Assessment • Assess and approve AML/KYC risk ratings and risk assessment rationales. • Review and escalate material AML, sanctions, PEP, adverse media, and reputational risk issues. • Ensure risk assessments appropriately reflect customer profile changes and emerging risks. • Support preparation and review of risk assessment memoranda and exceptional handling requests Stakeholder Management • Act as primary liaison between: • • Financial Institution business teams (GFIG, GTFD, GMTAP) • CPDAP / AML Compliance • Screening Team • CDD Control Group • Internal Audit and regulators • Partner with Front Office teams to resolve information gaps and expedite customer outreach. • Provide advisory support on KYC and due diligence requirements. Quality & Regulatory Compliance • Ensure compliance with: • • MAS Notice 626 • SMBC AML/CFT policies • Internal KYC procedures and standards • Drive remediation of audit findings, QA observations, and regulatory issues. • Perform quality reviews and establish controls to improve consistency and reduce operational risk. • Maintain complete and auditable documentation supporting KYC reviews. Operational Management & Reporting • Monitor review pipelines, portfolio status, and aging cases. • Manage resource allocation and workload balancing. • Produce periodic management reports and dashboard updates. • Track key risk metrics, productivity indicators, SLA adherence, and backlog positions. • Lead initiatives to improve automation, reporting, and workflow efficiency. Change & Transformation • Support implementation of new KYC platforms, workflow enhancements, and digitization initiatives. • Participate in regulatory change projects and policy updates. • Identify opportunities to improve review methodology, customer experience, and operational effectiveness. Job Requirements • Bachelor's degree in Banking, Finance, Accounting, Business, Economics, Law, or related discipline. • Minimum 8–12 years of experience in AML/KYC, Financial Crime Compliance, CDD, or related functions within banking. • At least 3–5 years of supervisory or team leadership experience. • Strong experience conducting reviews of Financial Institution customers and correspondent banking relationships. • Experience interacting with business teams, compliance, auditors, and regulators. • Strong understanding of AML/CFT regulations, MAS Notice 626, Correspondent Banking due diligence, Customer Risk Rating methodologies, Sanctions, PEP, and adverse media reviews, Beneficial ownership analysis, Financial Institutions business models and products. • Preferred Certifications (ACAMS/ ICA Diploma / Advanced Certificate/ CAMS-Audit or equivalent compliance qualification).