kyc checker - foreign bank (contract) in Singapore

lynda tan, randstad
job type
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job details

banking & financial services
job type
working hours
3 years
reference number
lynda tan, randstad
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job description

Perform on-boarding, account opening, periodic review, and account closure of Corporate Clients as well as review KYC checks performed by the Preparers.

about the company

Established for over 90 years, the Client is an established 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

  • Understand the global Client Lifecycle Management procedure of Corporate clients
  • Perform on-boarding, account opening, periodic review, and account closure of Corporate Clients
  • Review and assess client data provided by Business Units and Front Office
  • Perform validation of completeness and accuracy of KYC documentation including but not limited to client’s identity, beneficial ownership, and bearer share information
  • Review documents on follow-ups performed within the information gathering process including escalations of any non-receipt of documentation
  • Perform review of screenings conducted and adverse news search on clients
  • Check the documentation of performed disposition of screening results
  • Ensure Customer Risk Rating (CRR) was calculated based on global methodology from Group Compliance
  • Ensure appropriate level of Due Diligence and documentation were applied to the Client during on-boarding and review
  • Check that Due Diligence and Client Data are properly captured and documented in appropriate systems
  • Review and ensure that all required checks were performed prior to account opening
  • Assess documentation of performed updates to Clients’ KYC data
  • Review documentation on performed communication between KYC Analysts, Front Office and Compliance
  • Review, investigate, communicate and escalate if any issue is identified during the KYC process
  • Participate in projects with relation to regulatory changes, new processes, system enhancements, remediation exercises as well as audits
  • Do reporting to management

skills and experience required

  • Minimum Degree
  • At least 3 years of KYC experience, of which at least 1 year is in a Reviewer/Checker position
  • Possess strong working knowledge in Client On-boarding and Anti-Money Laundering (AML) functions
  • Ability to review and understand business as well as legal documents required for KYC process
  • Ability to review and evaluate documentation of conducted Customer Due Diligence
  • Compliance certification an added advantage
  • Knowledge of FCC and AML requirements
  • Excellent verbal and written communications 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


no additional skills required


no additional qualifications required

educational requirements

Bachelor Degree