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client due diligence officer - corporate bank (contract)

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Job type:
Date Posted:
Thursday, 25 July 2019
reference number

Perform KYC periodic review in accordance to the bank’s standards

about the company

Established for over 90 years, the Client is a global bank offering full suite of global financial services and capabilities around the world. With more than 80 years of history and a wide range of business units, our Client is the employer of choice for more than 35,000 people around the world.

about the role

  • Perform periodic KYC reviews in accordance to the bank’s KYC standards
  • Perform validation of completeness and accuracy of KYC documentation including but not limited to client’s identity, beneficial ownership, and bearer share information
  • Liaise with sales teams on documentation deficiencies and requirements
  • Perform and review periodic monitoring of the customers’ transactions and name screening
  • Perform adverse news searches as well as evaluate information available through public sources or through vendors
  • Highlight any positive name hit, sanction country, entity and person, Politically Exposed Person (PEP) and Relative and Close Associates (RCA)
  • Perform enhanced due diligence (EDD) when required
  • Escalate any red flag to the bank’s MLRO
  • Ensure Due Diligence and Client Data are documented in appropriate systems
  • Participate in projects with relation to regulatory changes, new processes, system enhancements, remediation exercises as well as audits

skills and experience required

  • Minimum Degree
  • At least 1 year of KYC Periodic Review experience within Corporate Investment Banking
  • Possess strong working knowledge in Anti-Money Laundering (AML) functions
  • Ability to review and understand business as well as legal documents required for KYC process
  • Compliance certification an added advantage
  • Excellent communications and interpersonal skills
  • Detailed and analytical
  • Proficient in Microsoft Office applications

If you would like to find out more about this role, please click apply below. Alternatively please contact Lynda Tan at 6510 7413.

EA: 94C3609 / R1223887