Description

Compliance Specialist, AML/KYC

About the Role An established financial institution is seeking a Compliance Specialist to join its Financial Crime Compliance team. This position will focus on customer due diligence reviews, regulatory compliance, and AML risk management across a diverse portfolio of high-risk client relationships.

The successful candidate will play a key role in supporting the bank's AML framework by conducting detailed KYC assessments, providing advisory support to business stakeholders, and ensuring adherence to regulatory requirements and internal policies.

Key Responsibilities

1. Customer Due Diligence & Risk Reviews Conduct comprehensive KYC, CDD and EDD reviews for new client onboarding, periodic reviews, and event-triggered reviews.
2. Assess high-risk customer profiles, including individual clients, corporate entities, trusts, funds, Variable Capital Companies (VCCs), correspondent banking relationships, and SWIFT RMA counterparties.
3. Verify the completeness and accuracy of customer documentation and ensure proper record keeping in accordance with internal policies and regulatory requirements.
4. Prepare review findings and compliance assessments for management reporting and approval.
5. Advisory & Stakeholder Engagement Partner with front office and business units to provide guidance on KYC, AML, FATCA and CRS requirements.
6. Support business teams in addressing compliance-related queries and resolving onboarding or review issues efficiently.
7. Provide recommendations on risk mitigation measures for higher-risk customer relationships.
8. AML Monitoring & Regulatory Compliance Identify unusual customer activities or transaction patterns during reviews and escalate concerns where appropriate.
9. Support the investigation and reporting of suspicious activities in accordance with regulatory obligations.
10. Ensure compliance with applicable AML/CFT regulations, sanctions requirements, and internal governance standards.
11. Reporting & Administrative Support Prepare and maintain AML-related reports, trackers, and management information.
12. Monitor review pipelines and follow up on outstanding documentation or remediation items.
13. Assist with regulatory audits, internal reviews, and compliance data requests.
14. Contribute to training sessions and awareness programmes for business stakeholders.
15. Continuous Improvement Stay informed of emerging financial crime risks, regulatory developments, and industry best practices.
16. Identify opportunities to streamline compliance processes and enhance operational effectiveness.
17. Participate in departmental projects and other compliance initiatives as required.

1. Requirements Degree-qualified with at least 3 to 5 years of experience within banking or financial services.
2. Minimum 2 years of hands-on experience in AML/KYC/CDD reviews, including exposure to high-risk customer assessments.
3. Familiarity with correspondent banking, SWIFT RMA reviews, corporate structures, trusts, funds, and other complex client types will be advantageous.
4. Strong understanding of MAS AML/CFT requirements, including MAS Notice 626 and related regulatory guidelines.
5. Knowledge of sanctions screening, financial crime risk management, and regulatory compliance frameworks.
6. Strong analytical and investigative skills with attention to detail.
7. Excellent written and verbal communication skills with the ability to engage stakeholders across different business functions.
8. Self-motivated, organised, and capable of managing competing priorities in a fast-paced environment.
9. Professional certifications such as ACAMS or ICA are highly preferred.

Interested candidates you may submit your resume in word format tojeremy.tang@quesscorp.sg . Do note that only shortlisted candidates will be notified

Jeremy Tang ZhiHao

Quess Selection & Services

EA Licence Number: 23C2060

R1325165

This is in partnership with the Employment and Employability Institute Pte Ltd ("e2i").

e2i is the empowering network for workers and employers seeking employment and employability solutions. e2i serves as a bridge between workers and employers, connecting with workers to offer job security through job-matching, career guidance and skills upgrading services, and partnering employers to address their manpower needs through recruitment, training, and job redesign solutions. e2i is a tripartite initiative of the National Trades Union Congress set up to support nation-wide manpower and skills upgrading initiatives. By applying for this role, you consent to Quesscorp Singapore's PDPA and e2i's PDPA.