KYC and AML Analyst

Location Singapore
Discipline: Business Operations
Job type: Contract
Contact email: career@bcg-rise.com
Job ref: 303717
Published: 14 days ago

About the job

  • Looking for suitably qualified professionals to be a part of a Forensic Advisory team in Singapore. The Forensic Advisory team helps companies protect their brand and reputation by proactively advising on their exposure to fraud, corruption, and other business risk issues. Topic areas include AML, Know-your-customer (KYC), Customer Due Diligence (CDD), Sanctions and other financial regulations.

  • Service clients in Singapore and Southeast Asia in a variety of projects in the field of Regulatory Advisory including policy & procedure reviews, regulatory gap analysis, transaction "look backs", audit and compliance testing, technology reviews and selections, etc.

Role:

  • Start Date: October

  • Contract: Agency Payroll for 6 months (Extendable)

  • Interviews: 1 round with managers and final with partner/director

  • Headcounts: 3 per role

  • Project Pipeline: AML, Investigations, Transaction Monitoring, Digi banks and Insurance

  • Stakeholders: L1 and L2 line of defense, RMs, regulators and Front office

  • Conversion: Applicable after 6 months of service, based on performance

  • Working arrangements: 8 hours per day (flexible) WFH available

Skills:

  • Prior experience in areas related to AML, Forensic Accounting, Fraud & Financial Investigations, Business Intelligence, Internal Audit and Compliance will also be considered.

  • Manage or participate on projects of other Forensic service lines, when needed.

  • Be informed and stay up-to-date with emerging AML and other regulatory requirements and guidance affecting clients in the financial services industry.

  • Ability to carry out the role remotely and independently.

  • You may have experience in the financial services industry, a regulator, or in a Big 4 professional firm.

  • Demonstrated ability to work as part of a team and manage projects.

  • Strong analytical, presentation and report writing skills.

  • Willing and able to travel on short notice.

  • Strong knowledge of Microsoft Office, PowerPoint, and Excel.

  • Good written and proficient oral communication skills in both English is a must.

  • Soft skills: Investigative mindset, innate professional scepticism and ability to carry out plausibility testing.

  • Soft skills: Ability to collaborate while working remotely and independently for 90% of the time.

  • Languages: Mandarin and Cantonese would be beneficial, but English is sufficient.

Benefits:

  • Global clients with APAC Customer focus

  • Work with Partner/Director to develop the Forensic Advisory practice in Singapore

  • Exposure to tier 1 clientele

  • Consulting exposure

  • Globally recognized entity

Role: 1 SOW Remediation Analyst

  • 3 years of experience working with Private Banking Source of Wealth Remediation work.

  • Basic knowledge of project management.

  • Onboarding KYC Clients experience

  • Responsibilities for the Level 1 review include KYC write ups, gap identification, working with Level 2 of compliance, document corroboration and BAU work.

  • Understanding of Source of Wealth/ Funds Corroboration.

  • Ability to map out the SOW Journey.

  • Experience working with MAS an similar regulators in the region.

  • KYC and periodic review experience is beneficial.

  • Gap identification, BAU project work, document corroboration. 

Role: 2 AML Advisory Assistant Manager

  • Manage part(s) of an engagement and supervise staff level engagement teams.

  • Provide support to the development of the Regulatory Advisory skillset within the team.

  • Provide training to internal and external audiences, and assist Partner/Director in public speaking engagements.

  • You should possess a relevant degree or professional certification with at least 4 years of relevant working experience of which 2-3 years are specialised in AML.

  • Solid understanding of local, regional or international AML regulatory environment as well as common money laundering schemes.

  • Strong audit/ accounting background will be an added advantage to excel in this position.

Role: 3 BAU/ KYC Onboarding Senior Associate

  • 3 years of experience in KYC and Onboarding in Global Financial Institutions

  • Basic knowledge of project management.

  • Responsibilities include reviewing global onboarding cases and identifying potential risk exposure

  • Support global and regional team in rework of onboarding cases based on assessment results

  • KYC and periodic review experience are beneficial.

  • Gap identification via testing of onboarding cases, BAU project work, document corroboration.

  • Assist Manager / Director / Partner in delivering training to internal and external audiences in public speaking engagements.

  • You should possess a relevant degree or professional certification.

  • Minimum 2 years of relevant work experience with an understanding of local, regional or international AML regulatory environment and common money laundering schemes.

  • Any qualification or experience in AML technology / analytics / data will be an added advantage.

  • 3 years of experience working with Private Banking Source of Wealth Remediation work.

  • Responsibilities for the Level 1 review include KYC write ups, gap identification, working with Level 2 of compliance, document corroboration and BAU work.