1 Year Compliance Executive (Private Banking/ SOW) #NJN

Roles & Responsibilities

Raffles Place

22 days AL + 1 birthday leave

Up to $5500

Responsibilities:

• Conduct detailed assessments and clearly documenting client SoW to ensure compliance with CDD procedures and regulatory standards set by the Monetary Authority of Singapore (MAS).
• Remediate existing KYC records related to SoW, identifying gaps in documentation and implementing corrective actions to address these issues.
• Ensure performance of KYC to the standards expected by the Monetary Authority of Singapore and in
• accordance with the bank’s AML and KYC Policies and Procedures. This includes reviewing and checking for completeness of CDD information (including SOW/SOF) and supporting documentations for new and existing customers (periodic review) and performing risk assessments in line with the bank’s AML and KYC Policies and Procedures.
• Oversee the execution of client due diligence processes, ensuring thorough assessments of client risk profiles. Ensure that appropriate enhanced due diligence is performed on high-risk clients, including politically exposed persons (PEPs) and clients from high-risk jurisdictions.
• Lead the identification and assessment of potential KYC-related risks associated with new and existing clients. Implement appropriate risk mitigation strategies and escalate issues as necessary to senior management.
• Collaborate with internal stakeholders, including compliance, operations, and relationship managers, to ensure effective remediation are executed promptly.
• Develop and maintain documentation related to remediation efforts, including tracking the status of outstanding SoW verifications and resolutions.
• Perform data analysis to identify clients requiring remediation and prioritize cases based on risk levels.
• Prepare and submit reports on remediation progress and outcomes to senior management

Jessica Nguyen Huynh Thanh Truc

CEI Reg. R23113787

EA License No. 99C4599

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Tell employers what skills you have

MASM
Good Documentation Practices
Risk assessment, insurance
Bank policy
Due Diligence
Monetary Economics
Client Acquisition
Compliance Organization
Know Your Client - KYC
Customer Requirements Analysis
regulatory procedures
CDISC
Performance Review
Operational Due Diligence
Client Assessments