Regulatory Compliance Specialist

3 days ago


Singapore STAR CAREER CONSULTING PTE. LTD. Full time
Job Description:

A challenging opportunity has arisen for a Regulatory Compliance Specialist to join our team at STAR CAREER CONSULTING PTE. LTD.

About the Role:

We are seeking a highly motivated and experienced Regulatory Compliance Specialist to lead on-boarding of Politically Exposed Persons (PEPs) clients in the Private Banking sector. The successful candidate will be responsible for performing account opening, conducting Know Your Customer (KYC), periodic review and Enhanced Due Diligence for PEP clients.

Main Responsibilities:
  • Perform enhanced due diligence and reviews of PEP clients including Periodic Review.
  • Advise on compliance and regulatory issues relating to KYC.
  • Liaise with internal clients such as AML Front Control/Front office/operations/external auditors and internal auditors in relation to KYC matters.
  • Prepare periodic management reports.
  • Identify KYC issues and ensure client meets regulatory and internal requirements before account opening.
  • Perform KYC reviews and name hits review promptly.
  • Assess risk and daily BAU KYC related matters (i.e., unblocking of transactions).

Requirements:

To succeed in this role, you will need:
  • 8 years of relevant experience in a Private Bank.
  • Experience in the on-boarding and account opening of PEP clients.
  • Knowledge of Singapore regulations, i.e., Banking Act, SFA, FAA.
  • Initiative and ability to work independently.
  • Strong interpersonal skills and good team player.
  • Strong analytical and evaluative skills and attention to details.

Salary and Benefits:

The estimated salary for this position is SGD $120,000 per annum. We offer a comprehensive benefits package including medical insurance, annual leave, and professional development opportunities.

About Us:

STAR CAREER CONSULTING PTE. LTD. is a reputable recruitment agency providing services to clients across various industries. Our team of experienced consultants is dedicated to delivering exceptional service to candidates and clients alike.

Contact Information:

Please do not contact us via email or phone. Instead, please submit your application through our website with an updated MS Word Resume.

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