AVP, Know Your Customer, Treasures Private Client

Job Purpose:
The KYC Specialist provides customer due diligence (CDD) advice and partners with Front Office to deliver risk-proportionate KYC onboarding and reviews, from initial assessment to approval. The role works closely with Group Compliance on AML/KYC policies, procedures and client risk profiling.
Responsibilities:
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.
Escalate CDD deficiencies, suspicious activity and other compliance concerns to relevant stakeholders and management.
Train Front Office on client documentation and KYC requirements.
Support process improvement projects, industry initiatives and internal and external audits.
Stay current on global AML/CFT developments affecting wealth client due diligence and ensure adherence to applicable controls and processes.
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.
Relevant AML qualifications, such as Certified Anti-Money Laundering Specialist (CAMS) or an International Association Diploma in Anti-Money Laundering, are an advantage.
Client-centric judgement that balances business needs with effective, risk-proportionate controls.
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.
Location:
DBS Asia Central
Job:
Compliance
Schedule:
Regular
Employee Status:
Full time

Skills
Process Improvement, Wealth Management, Onboarding, Due Diligence, Regulatory Compliance, Documentation