KYC/AML Specialist (Private Banking)

Our client, a well-established bank is looking for experienced KYC/AML Specialists for their private banking arm.

Responsibilities

• Perform AML/CFT reviews for Private Banking clients, ensuring compliance with MAS regulations and internal policies.
• Conduct CDD, EDD, client onboarding, and periodic KYC reviews for HNW/UHNW clients, including source of wealth/funds verification.
• Review transaction monitoring, sanctions, PEP, and adverse media alerts, escalating suspicious activities and preparing STRs where required.
• Provide AML/KYC advisory to Private Bankers on client onboarding, documentation, and financial crime risk.
• Review complex client structures, including trusts, family offices, and offshore entities.
• Support FATCA/CRS reporting, regulatory audits, AML system enhancements, and policy updates.
• Keep abreast of regulatory developments and support implementation of AML/CFT control enhancements.

Requirements

• Degree holder with 4–7 years' AML/KYC Compliance experience in Private Banking or Wealth Management.
• Strong knowledge of AML/CFT regulations, KYC/CDD/EDD, sanctions, transaction monitoring, and MAS requirements.
• Experience handling HNW/UHNW clients and complex ownership structures preferred.
• Strong analytical, communication, and stakeholder management skills.

Interested applicants may submit their updated resume via Sign in to view email in strict confidence for consideration.

We also welcome referrals of suitable candidates within your professional network.

Ethel Tan

Consultant, Financial Services

RevUp Consulting

EA Licence No.: 22S1193

EA Registration No.: R2096281

LinkedIn: www.linkedin.com/in/etheltansk