Periodic Review Compliance Officer

About the role

Julius Baer's Compliance function, part of the Risk, Legal and Compliance Division, supports Senior Management in complying with external and internal regulations and managing operational, regulatory and reputational risks. The Periodic Review Compliance Officer (PR CO) is responsible for Compliance Singapore's review and approval of all High and Highest existing client relationships, portfolios and accounts held at Bank Julius Baer Singapore (BJBS), working within the Periodic Review team.

Key responsibilities

• Support the CRO and Senior Management of BJBS in ensuring compliance with regulations and managing operational, regulatory and reputational risks.
• Build relationships with the Front Office, Client Documentation Services, KYC/AML Onboarding, AML Investigations and Risk Management teams, and support the Heads of AML/KYC and Periodic Review in reviewing existing accounts, including KYC/SOW updates and new CDD risk.
• Guide local and overseas Relationship Managers (Hong Kong, Thailand, Dubai) on periodic review submissions, including KYC profile and account structure changes and adverse news.
• Support ad-hoc KYC/CDD matters and enquiries from regulators, auditors and Head Office.
• Review client profiles against AML/CFT/CDD standards, perform risk assessments and due diligence on High/Highest risk clients, and escalate incremental AML/KYC risks.
• Review name screens (Google, World Check, Factiva) and transaction reviews, investigating suspicious activity.
• Take part in KYC/CDD projects and process improvements, and demonstrate integrity, due care, fair dealing and conflict-of-interest management.

Required profile

• At least 3-6 years' experience in KYC onboarding, periodic review and/or AML in private banking or wealth management.
• Good degree and understanding of the private banking and wealth management industry.
• Strong knowledge of the MAS 626 Notice and Guidelines.
• Experience managing AML/CFT regulatory inspections, internal and external audits and strategic projects.
• Excellent command of spoken and written English; proficiency in other Asian languages is an advantage.

Required skills

• MS Word, Excel and PowerPoint.
• Analytical, detailed-oriented, with strong organisational and stakeholder management skills.