KYC Analyst (PB| Leading Bank Mnc| Up 5.5k)

Adecco is partnering our client, a reputable financial institution.

The Opportunity

• Adecco is partnering with a leading global financial institution with a strong presence across Asia and international markets.
• We are looking for a Private Banking KYC Analyst to join the KYC / Compliance team.
• This is a 12-month contract under Adecco's payroll, with the possibility of renewal or conversion to permanent subject to performance and business needs.
• Candidates who are immediately available or able to start within 1 month will be preferred.

Location: CBD

Working Arrangement: Hybrid

Working Hours: Monday-Friday, regular working hours

The Talent

• Bachelor's degree in Finance, Business Administration, Law or a related discipline.
• 2-3 years of experience in KYC, AML or Compliance within the financial services industry.
• Experience in Private Banking or Wealth Management is highly desirable.
• Strong understanding of KYC regulations, AML requirements and compliance frameworks.
• Hands-on experience with Customer Due Diligence (CDD), Enhanced Due Diligence (EDD) and client risk assessments.
• Strong analytical and problem-solving skills with excellent attention to detail.
• Ability to assess client risk profiles, identify potential KYC issues and recommend appropriate risk mitigation measures.
• Strong stakeholder management and communication skills, with the ability to work effectively with Relationship Managers, Compliance, Operations and senior management.
• Proficiency in KYC systems and compliance-related technologies; experience with data analytics tools will be an advantage.
• CAMS or ICA certification will be a plus.
• Ability to manage multiple priorities, meet deadlines and deliver consistent results in a fast-paced environment.
• Self-motivated, resourceful and able to work both independently and as part of a team.

Job Description

• Perform KYC checks and reviews for private banking clients, ensuring compliance with regulatory requirements and internal AML/KYC policies.
• Conduct Level 1 KYC reviews, verifying the completeness and accuracy of client profiles, CDD information, SOW/SOF and supporting documentation.
• Perform client risk assessments and support enhanced due diligence for high-risk clients, including PEPs and clients from high-risk jurisdictions.
• Manage ongoing Customer Due Diligence and periodic reviews, ensuring reviews are completed accurately and within stipulated timelines.
• Identify potential KYC and client risk issues, implement appropriate mitigation measures and escalate matters where required.
• Maintain accurate and complete KYC records and static customer data.
• Prepare regular KYC metrics, reports and trend analysis for management and relevant stakeholders.
• Work closely with Relationship Managers, Compliance, Operations and senior stakeholders to facilitate efficient KYC processes and resolve issues.
• Support adherence to MAS regulatory requirements and the bank's AML/KYC policies and procedures.
• Identify opportunities for process improvement and automation to enhance KYC efficiency and effectiveness.
• Support ad-hoc compliance initiatives, projects and other duties assigned by management.

Next Step

• Prepare your updated resume.
• Send your resume to Jason Lew - ••••@adecco.com
• All shortlisted candidates will be contacted.

Jason Lew Hong Kang

EA Licence Number: 91C2918

Personnel Registration Number: R1876435