Recruit Ave Hiring! Full Time KYC-AML Compliance Officer (Bank) – CDD-EDD in - Ricebowl

KYC/AML Compliance Officer – CDD/EDD

Role & Responsibilities

• Conduct CDD and EDD reviews for new and existing high-risk individual and corporate clients, including private limited companies, trusts, funds, VCCs, SWIFT RMA and correspondent banking relationships.
• Review client documentation and information to ensure compliance with MAS regulations and internal KYC procedures, and prepare compliance reports.
• Provide KYC/CDD advisory to Business Units on AML, FATCA and CRS matters.
• Identify suspicious activities and transactions during KYC reviews and ensure timely reporting to the relevant authorities.
• Prepare daily and monthly AML reports, monitor KYC review completion, maintain KYC registers and incomplete CDD trackers, and support management reporting.
• Assist with KYC/CDD briefing sessions for Business Units, audit requests and other compliance-related duties.
• Keep abreast of AML regulations, sanctions, industry best practices and emerging financial crime trends.
• Identify opportunities to improve KYC processes and controls, and undertake other ad hoc duties as required.

Requirements

• 3–5 years of financial services experience, including at least 2 years in an AML/KYC Compliance Department.
• Hands-on experience in high-risk CDD/EDD reviews and AML/KYC advisory covering individual, corporate and banking clients.
• Exposure to SWIFT RMA and correspondent banking reviews is preferred.
• Sound knowledge of MAS Notice 626, its related guidelines, sanctions and AML regulations.
• Strong research, analytical and investigative skills, with the ability to prepare high-quality reports within deadlines.
• Good written and verbal communication skills, with strong attention to detail.
• Proactive, diligent and organized, with effective time management and teamwork skills.
• Relevant tertiary qualifications; ACAMS or ICA certification is an advantage