About this role
Responsibilities 1. KYC and Compliance: • Facilitate the end-to-end client onboarding process, from prospect onboarding advisory to account opening • Assess client / case profile and guide Front Office to obtain the required corroboration and information • Partner RM in KYC write-up, identify areas of clarifications and ensure adequate follow-up with clients and closure prior to KYC submission • Conduct joint discussions with Front Office and KYC team to facilitate case decisions • Perform risk assessments • Assist in documentation related reworks to facilitate the account opening process • Assist in periodic reviews of client accounts to maintain ongoing compliance. • Keep updated on KYC/AML regulations and ensure adherence to local and international laws. 2. Collaboration and Communication: • Share best KYC practices through huddles with various market regions and teams to improve quality • Improve collaboration between units to facilitate the account opening process • Liaise with Front Office, compliance teams, and other stakeholders to resolve gaps or discrepancies. • Provide advice and guidance to internal teams on regulatory requirements and best practices. 3. Data Management and Reporting: • Analyse data to track progress and efficiency of onboarding progress, risk trends, and KYC issues 4. Process Improvement: • Identify inefficiencies in the onboarding process and propose enhancements if any Requirements • Bachelor's degree in Finance, Business, Law, or a related field • At least 3 - 5 years of experience in KYC, AML and/or client onboarding in private banking or financial services. • Strong knowledge of regulatory frameworks (e.g., FATCA, CRS, MAS guidelines). • Certifications in AML such as Certified Anti Money Laundering Specialist (CAMS) or International Association Diploma in Anti Money Laundering would be an advantage. • Detail-oriented with excellent analytical and problem-solving skills. • Strong communication and interpersonal skills to collaborate effectively with Front Office and diverse stakeholders • Familiarity with KYC software, databases, and banking systems. Proficient in Excel and Tableau preferred
Location: DBS Asia Central Job: Operations Schedule: Regular Employee Status: Full time