Know Your Customer Specialist (FIG), Institutional Banking

About the role

DBS Corporate and Investment Banking provides corporate customers with a full range of commercial banking products and services, including cash management, current accounts, time deposits, trade finance, working capital finance, term loans and foreign exchange. This full-time, regular job in the Institutional Banking Group is a Know Your Customer (KYC) specialist position focused on anti-money laundering (AML) and customer due diligence.

Key responsibilities

• Partner with the Front Office to carry out Customer Due Diligence (CDD) so that corporate banking customer onboarding and CDD reviews comply fully with AML and KYC policies and regulatory requirements.
• Manage CDD reviews and onboarding requests effectively and efficiently to ensure timely completion.
• Handle internal and external customer queries to a high standard given the stringent regulatory requirements.
• Highlight deficiencies, suspicious activity and other non-compliance issues to the relevant parties and management.
• Take part in ad hoc initiatives to improve operational efficiency, the employee journey and customer experience.
• Stay up to date with local and global AML/CFT developments and ensure compliance with all other controls and processes.

Required profile

• University graduate, preferably in Finance.
• 4+ years of experience in CDD/KYC or risk and control.
• Good business writing, analytical and communication skills.
• Knowledge of regulatory frameworks related to AML and sanctions.
• Strong sense of risk awareness and knowledge of the Asia Pacific business environment and industry developments.

Required skills

• CAMS, AAMLP, ICA diploma/certification in AML or other relevant CDD/KYC/AML qualifications are preferred.
• Ability to be client centric while balancing business needs and controls.