KYC Analyst

About the role

We are expanding our team and have an exciting opportunity for a KYC Analyst to join our Singapore based team working in our Compliance department and reporting into our Head of Compliance/MLRO. Candidates will demonstrate internship experience in an AML / Compliance role or in an Onboarding & Reviews role in a Financial Services company.

Responsibilities

• Manage and co-ordinate the on-boarding process seamlessly for the client from start to finish to ensure a smooth transition from onboarding client to active client;
• Communicate efficiently with the respective client and/or broker to gather all necessary information;
• Responsible for coordinating all KYC documentation request and adopting a right first time approach to avoid multiple queries;
• Responsible for ensuring all client documentation is handled and filed appropriately in line with our policies;
• Provide regular, timely progress updates to both the Head of Compliance and Brokers, in both written and verbal formats;
• Responsible for liaising with internal and external stakeholders to ensure timely resolution to issues that arise during the course of on-boarding;
• Perform AML/KYC due diligence client reviews on corporate clients with different legal structures and in various jurisdictions to ensure the firm's AML & KYC requirements are met;
• Identify, review and disposition of all PEP's, Sanctions and Adverse media at onboarding stage assessing the risks posed to the firm;
• Classify clients from a risk and regulatory perspective;
• Investigate and escalate all suspicious activity and financial crime (AML & Fraud) related issues with relevant proposals to protect the business;
• Conduct periodic reviews and refresh KYC documents of existing client in accordance with their risk banding;
• Effectively manage KYC inbox; ensuring all emails are responded to;
• Ensure that all queries are answered promptly and in full;
• Ensure that all processes are followed, and trackers are updated accurately;
• Maintain PEP, Sanctions and adverse media list;
• Assist in structuring and implementing the Firm's Continuous Professional Development Program;
• Monitor any material changes that may impact the risk status of client files;
• Perform any other reasonable duties the company may require.
• Risk Related Responsibilities
• Support a risk and compliance aware culture and comply with FIS company policies
• Ensure full awareness of and adhere to internal policies that relate to the role or any relevant other activities
• Training
• Complete any mandatory training required by the company and required deadlines
• Maintain own Continued Professional Development (CPD)
• Key Competencies / Skills:
• Demonstrate knowledge of Compliance laws, rules, regulations, risks and typologies with emphasis on Money Laundering & MAS regulations
• Possess good knowledge of onboarding process from start to finish, such as KYC/client risk rating, suspicious activity reporting, client screening/sanctions requirements, and risk assessment
• Knowledge of high risk indicators and revision of complex structures and entity types including Trusts, Funds overseas jurisdictions (BVI, Channel Islands, Cayman Islands etc)
• Possess some knowledge of regulatory requirements in other jurisdictions i.e. UK, Europe, US
• Team Player - collaborative but also able to work independently with minimal supervision
• Strong written and verbal communications skills
• Ability to prioritise, meet deadlines and multitask in a fast-paced environment
• Strong work ethics, striving for the success of a small team
• Excellent attention to detail combined with inherent ability to prioritise work
• Excellent interpersonal skills, working well with others and diverse groups / personalities
• Adaptable to change and willing to work in a fast-paced environment with a positive approach

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