Risk Management Specialist
1 month ago
About the Role
The Pictet group, one of the world's leading independent wealth and asset managers, is seeking a highly skilled Risk Management Specialist to join its team in Singapore. As a Risk Management Specialist, you will play a critical role in supporting the development and execution of the Financial Crime Program within BPCAL, focusing on Know Your Client (KYC) and client onboarding.
Key Responsibilities
- Support the Team Lead in the development and execution of the Financial Crime Program, ensuring compliance with Group standards and Local regulations.
- Perform KYC, including Source of Wealth, due diligence searches, and account opening documentation checks for client onboarding and post-onboarding client modifications.
- Present to senior management in the Due Diligence Committee for approvals on financial crime-related matters, including client onboarding.
- Identify financial crime risk issues and propose recommendations to Senior Management for resolution.
- Provide compliance advice for Private Banking business on financial crime matters relating to new regulations, client types, and business.
- Strategize and work with internal stakeholders to drive change to enhance compliance processes using technology across the bank.
- Represent the department as needed on projects and initiatives, including Group-initiated initiatives for financial crime-related areas.
- Support the Team Lead in overseeing the resolution of compliance-owned management action plans for audits and inspections.
- Build and maintain a proactive and constructive relationship with business and functional stakeholders, working with the Team Lead to design appropriate controls focusing on risk identification and management.
About You
We are looking for a highly motivated and detail-oriented Risk Management Specialist with a strong understanding of Anti-Money Laundering (AML) and Counter-Terrorist Financing (CFT) regulations and requirements in Singapore. You will have a university degree in Finance, Banking, Law, Business, or Economics and prior experience in a similar role in a Private Bank will be advantageous.
What We Offer
Pictet offers a comprehensive service for wealthy individuals and families, including discretionary and advisory investment solutions and family office services. As a Risk Management Specialist, you will have the opportunity to work with cross-functional and senior stakeholders, drive change to enhance compliance processes, and contribute to the development of the Financial Crime Program.
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