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Delta Capita

Senior Consultant - KYC Periodic Review

Delta Capita
Singapore
Posted 4 days ago Permanent Competitive
D
Posted by
Daryl Naidu
Recruiter
The KYC Periodic Review Services Specialist role is focused on providing quality checks and guidance services to PB Relationship Managers in the Periodic Review and Focused Review processes, in view of the Financial Crime Compliance program for the Private Banking business in APAC division and ensuring existing client accounts are reviewed in accordance with the Bank’s policies, standards, and applicable local legal and regulatory requirements. Coverage scope includes Client Due Diligence (CDD), Source-of-Wealth (SoW), Tax, PEP, Sanctions, Sustainability Risk, Reputational Risk and client corporate structure documentation requirements.

The KYC Periodic Review Services Senior Specialist position is an individual contributor role and will be required to:

  • Provide KYC/Client Due Diligence (CDD) Subject Matter Expertise and guidance to Relationship Managers in Private Bank, in view of establishing the highest levels of quality upfront and getting it right first time during ECPR and Focused Review processes
  • Perform an independent quality check of client profile updates during Lifecycle Management process, including Client Corporate Structure, Source-of-Wealth, KYC, Tax, US Indicia, Sanctions, PEP, Sustainability Risk, Reputational Risk and Client Risk Score, to ensure adherence to regulatory requirements and Bank policies
  • Be the single point of contact / case manager for Front Office, on Periodic Review cases
  • Be the Subject Matter Expert (SME) in ECPR and Focused Review processes, to add-value to TOM implementation and delivery of continuous process/technology improvements
  • Uphold the highest standards of control, always keeping data integrity and process controls in mind while carrying out day-to-day work
  • Stay up-to-date with the latest regulatory, policy and procedural requirements, and take ownership of relevant procedural updates
  • Raise higher risk matters or regulatory questions to the Financial Crime Compliance team
  • Engage partners in Front Office, Compliance and Operations regularly, to enable effective collaboration in day-to-day work
  • Provide support for any regulatory & audit related reviews, and training/walkthrough of client onboarding process, as required
  • Add-value to continuous process-improvements, in view of the changing operating and regulatory environment, and participate in projects in view of Private Bank's strategic objectives and vision
  • Any other tasks assigned by the line manager or department head

Skills and experience 

  • Possess at least 3 years of relevant experience in KYC/AML/Client Due Diligence (‘CDD’) experience in Private Banking/Wealth Management
  • Come with a reasonable understanding of KYC/AML requirements in Asia, especially local regulations
  • Have acquired relevant academic qualifications: University Graduate with Bachelor of Law, Accounting, Finance, Business or Economics
  • Possess outstanding problem-solving skills, and have the ability to apply risk-based assessment in the resolution of complex issues
  • Are a team-player who is committed to service delivery excellence and always have the bank and clients' best interests in mind
  • Proven capability to build and maintain collaborative relationships at all levels with key internal clients including business, operations and colleagues in Legal and Compliance
  • Have good written & verbal English language skills, and strong communication skills. Chinese language proficiency will be advantageous. Due to Greater China market support, you may be expected to communicate with Mandarin-speaking colleagues, as well as read documents in Chinese
  • Possess the ability to multi-task and work under pressure
  • Are proactive and a self-starter, with a can-do attitude
  • Are competent in using MS Office applications including but not limited to MS Word, Excel, PowerPoint and Access
ABOUT COMPANY
Singapore
Capital Markets

Our mission is to reinvent the financial services value chain. Reinvention means improving something by looking at it differently, and that’s what we do using our unique combination of experience in financial services and technology.

We help the world’s top financial institutions solve their toughest digital, data and regulatory challenges by taking a different view and innovating away from existing models. We provide a vast ecosystem of technologies and managed services to help businesses achieve this innovation.

The ecosystem also helps businesses become more organised and efficient by complying with regulations, simplifying operations, reducing costs, and partnering with leading fintechs.

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