1 Year Contract – KYC Analyst (Periodic Review & Source Of Wealth) – Private Banking

1 Year Contract – KYC Analyst (Periodic Review & Source of Wealth) – Private Banking Salary: S$5,000 – S$8,000 per month Our client is in the Private Banking area. Job Responsibilities • Perform end-to-end periodic reviews (PR) for Private Banking clients in accordance with AML/CFT regulatory requirements and internal KYC policies. • Conduct comprehensive reviews of client profiles to ensure customer information remains accurate, complete, and up to date. • Assess and validate clients' Source of Wealth (SOW) and Source of Funds (SOF) through documentary evidence and supporting information. • Analyse customer risk profiles and perform risk assessments based on customer activities, jurisdictions, products, and transaction behaviour. • Identify KYC documentation gaps, inconsistencies, or potential financial crime risks, and recommend appropriate remediation actions. • Liaise closely with Relationship Managers, Compliance, and Operations teams to obtain outstanding KYC documents and clarify client information. • Review complex client structures, including trusts, offshore entities, family offices, and high-net-worth individuals (HNWIs), where applicable. • Conduct name screening, PEP, sanctions, and adverse media reviews in accordance with internal policies and regulatory requirements. • Ensure periodic reviews are completed accurately within established service level agreements (SLAs) and regulatory timelines. • Escalate high-risk cases, unusual findings, or potential AML concerns to Compliance for further assessment. • Maintain complete and accurate client records, review documentation, and audit trails within internal systems. • Support remediation projects, regulatory initiatives, and process improvement activities relating to KYC and client due diligence. Job Requirements • Degree in Banking, Finance, Business, Accountancy, Law, or a related discipline. • 3–8 years of experience in KYC, Client Due Diligence (CDD), Enhanced Due Diligence (EDD), Periodic Review, or AML Compliance within Private Banking or Wealth Management. • Strong knowledge of MAS AML/CFT regulations, Private Banking KYC standards, and regulatory requirements. • Hands-on experience assessing Source of Wealth (SOW) and Source of Funds (SOF) for high-net-worth and ultra-high-net-worth clients. • Familiarity with sanctions screening, PEP screening, adverse media review, and client risk assessments. • Experience handling complex ownership structures, trusts, and corporate entities is an advantage. • Strong analytical, investigative, and documentation skills with high attention to detail. • Excellent communication skills with the ability to engage Relationship Managers and Compliance teams effectively. • Proficient in Microsoft Office applications; experience with KYC platforms such as Fenergo, World-Check, or similar systems is an advantage. Please send your application directly via janntan@recruitexpress.com.sg for a faster response. Only shortlisted candidates will be notified. (Jann) Tan Wei Ying (R1103708) Email Address: janntan@recruitexpress.com.sg Recruit Express Pte Ltd EA License No: 99C4599 Recruiter's Ref Code: #BJJ