Senior Executive, Business Compliance (Middle Office)

HL Bank
Singapore, Singapore
S$3k - S$4k
22 Feb 2023
24 Mar 2023
Job Function
Wealth Management
Industry Sector
Finance - General
Employment Type
Full Time
(1) Customer Due Diligence/AML/KYC
  • Perform an independent review of Private Wealth Management clients' account opening AML/KYC profile for adequacy and compliance with legal, regulatory and policy requirements
  • Conduct appropriate due diligence checks and information searches to comply with bank standards of client onboarding as well as in accordance to the Group AML/CFT policy and procedures
  • Liaise with Relationship Managers and their Assistants to complete the required account opening AML/KYC profile and to provide advisory and guidance on AML/KYC requirements where required
  • To ensure timely review of clients' AML/KYC account opening profile
  • Proactively identify areas of improvement, suspicious AML or other non-compliance issues to relevant parties and management
  • Involved in management reporting and data analysis on account opening and AML/KYC reviews

(2) Audit Controls Testing and Requirements
  • Independently conducts monthly quality assurance control testing of Private Wealth Management's end-to-end process including sales to ensure compliance with internal and regulatory policies
  • Provide management with consolidated and holistic view of the risks within his/her area of responsibility, including proposals to mitigate or, when required, remediate corresponding risk

  • Bachelor Degree or its equivalent
  • More than 2 years of working experience in KYC/AML areas, risk or controls functions, preferably in Private Banking
  • Familiar with regulatory requirements pertaining to KYC / AML, e.g. MAS 62
  • Ability to be client centric while balancing business needs and controls
  • Excellent interpersonal skills to manage relationships with Front Office stakeholders
  • An efficient solutions provider with strong analytical and creative problem solving skills
  • You need to sign in to save