KYC Analyst

THE ROLE

We are expanding our team and have an exciting opportunity for a KYC Analyst to join our Singapore based team working in our Compliance department and reporting into our Head of Compliance/MLRO. Candidates will demonstrate internship experience in an AML / Compliance role or in an Onboarding & Reviews role in a Financial Services company.

Key Responsibilities:

• Manage and co-ordinate the on-boarding process seamlessly for the client from start to finish to ensure a smooth transition from onboarding client to active client;

• Communicate efficiently with the respective client and/or broker to gather all necessary information;

• Responsible for coordinating all KYC documentation request and adopting a right first time approach to avoid multiple queries;

• Responsible for ensuring all client documentation is handled and filed appropriately in line with our policies;

• Provide regular, timely progress updates to both the Head of Compliance and Brokers, in both written and verbal formats;

• Responsible for liaising with internal and external stakeholders to ensure timely resolution to issues that arise during the course of on-boarding;

• Perform AML/KYC due diligence client reviews on corporate clients with different legal structures and in various jurisdictions to ensure the firm’s AML & KYC requirements are met;

• Identify, review and disposition of all PEP’s, Sanctions and Adverse media at onboarding stage assessing the risks posed to the firm;

• Classify clients from a risk and regulatory perspective;

• Investigate and escalate all suspicious activity and financial crime (AML & Fraud) related issues with relevant proposals to protect the business;

• Conduct periodic reviews and refresh KYC documents of existing client in accordance with their risk banding;

• Effectively manage KYC inbox; ensuring all emails are responded to;

• Ensure that all queries are answered promptly and in full;

• Ensure that all processes are followed, and trackers are updated accurately;

• Maintain PEP, Sanctions and adverse media list;

• Assist in structuring and implementing the Firm’s Continuous Professional Development Program;

• Monitor any material changes that may impact the risk status of client files;

• Perform any other reasonable duties the company may require.

Risk Related Responsibilities

• Support a risk and compliance aware culture and comply with FIS company policies

• Ensure full awareness of and adhere to internal policies that relate to the role or any relevant other activities

Training

• Complete any mandatory training required by the company and required deadlines

• Maintain own Continued Professional Development (CPD)

Key Competencies / Skills:

• Demonstrate knowledge of Compliance laws, rules, regulations, risks and typologies with emphasis on Money Laundering & MAS regulations

• Possess good knowledge of onboarding process from start to finish, such as KYC/client risk rating, suspicious activity reporting, client screening/sanctions requirements, and risk assessment

• Knowledge of high risk indicators and revision of complex structures and entity types including Trusts, Funds overseas jurisdictions (BVI, Channel Islands, Cayman Islands etc)

• Possess some knowledge of regulatory requirements in other jurisdictions i.e. UK, Europe, US

• Team Player - collaborative but also able to work independently with minimal supervision

• Strong written and verbal communications skills

• Ability to prioritise, meet deadlines and multitask in a fast-paced environment

• Strong work ethics, striving for the success of a small team

• Excellent attention to detail combined with inherent ability to prioritise work

• Excellent interpersonal skills, working well with others and diverse groups / personalities

• Adaptable to change and willing to work in a fast-paced environment with a positive approach

Benefits
Our rapidly growing business offers a dynamic environment for talented, entrepreneurial professionals to achieve results and grow their careers.

• Learning & Development / CPD opportunities

• Employee Assistance Programme

• Private healthcare

• 25 days holiday