DBS Bank Singapore | AVP, Know Your Customer, Treasures Private Client

Responsibilities

• The role works closely with Group Compliance on AML/KYC policies, procedures and client risk profiling.
• Partner with Front Office to apply a risk-proportionate approach to KYC onboarding and reviews, in line with the Bank’s AML/KYC standards and regulatory requirements.
• Conduct independent, risk-proportionate source of wealth (SOW) due diligence, including corroboration and risk assessment, in line with regulatory and Group AML/CFT requirements.
• Coordinate with Front Office and other stakeholders to resolve CDD queries and progress escalated or prioritised cases.
• Assess the relevance and completeness of CDD information and conduct due diligence checks and information searches to meet the Bank’s standards.
• Train Front Office on client documentation and KYC requirements.
• Support process improvement projects, industry initiatives and internal and external audits.
• Escalate CDD deficiencies, suspicious activity and other compliance concerns to relevant stakeholders and management.

Requirements

• Bachelor’s degree with at least 5–7 years’ experience in KYC/AML, risk or controls, preferably in wealth management.
• Sound knowledge of wealth management KYC/AML requirements, including MAS Notice 626 and source of wealth due diligence.
• Strong interpersonal skills to build effective relationships with Front Office stakeholders.
• Ability to deliver high-quality work under tight deadlines and expedite client onboarding without compromising regulatory compliance.

DBS Bank Singapore

DBS Bank Singapore is an employer hiring in India (sector: BFSI / Investments / Insurance).

Its finance, accounts, audit and tax openings in India are mostly in Singapore - Central and Singapore - East.

• Industry: BFSI / Investments / Insurance