KYC/COMPLIANCE OFFICER

Key Responsibilities - KYC & Customer Due Diligence (CDD): • Perform end-to-end onboarding and periodic CDD reviews for corporate clients, financial institutions, and correspondent banking accounts in accordance with MAS Notice 626 and internal policies. • Verify ownership structures, ultimate beneficial ownership (UBO), source of wealth/funds, and ensure all customer documentation complies with local regulatory requirements. - Payment & Sanctions Screening: • Review and clear real-time remittance, trade finance, and name screening alerts(Sanctions, PEP, Adverse Media) in the system. • Investigate true matches, request supporting documentation from business units or correspondent banks, and escalate potential risk hits appropriately. - Transaction Monitoring & STR Handling: • Perform post-transaction monitoring and pattern analysis system to detect unusual or suspicious transaction behavior. • Conduct detailed investigations into flagged alerts and assist in drafting Suspicious Transaction Reports ( STRs ) for review. - Regulatory Inquiries & Reporting: • Assist in compiling data and preparing investigation reports for regulatory authorities (e.g., MAS, CAD, CPIB etc). • Prepare monthly consolidated compliance management reports as required by the bank and Head Office. - Compliance Advisory & Training: • Provide day-to-day guidance to front-office and operational business units on KYC and local regulatory queries. • Assist in developing and updating internal compliance training materials, SOPs, and semi-annual AML/CFT staff quizzes. • Handle ad-hoc compliance tasks and project assignments as directed by the Compliance Manager. Job Requirements & Qualifications · Experience: More than 2 years of relevant experience in AML/CFT, Corporate KYC/CDD, and Transaction Monitoring within a bank preferred. · Regulatory Knowledge: Strong working knowledge of MAS Notice 626, the Corruption, Drug Trafficking and Other Serious Crimes Act (CDSA), and local regulatory frameworks. · Technical Skills: Hands-on familiarity with reviewing complex structures, AML Transaction Monitoring systems and sanctions screening tools. · Soft Skills: Strong analytical ability, high attention to detail, excellent written communication, and sound risk judgment. Ability to manage investigative queries independently.