Bank of Singapore Limited is hiring a Client Due Diligence Specialist - Onboarding (Manager/AVP)

Bank of Singapore Opens Doors to New Opportunities At Bank of Singapore, we're always searching for exceptional individuals who want to make a real impact. We believe in a culture of openness, teamwork, and fairness. More than just a paycheck, we invest in our people through comprehensive development programs that nurture both professional skills and personal growth. With attractive compensation packages and opportunities to expand your potential across OCBC Group's global network, we offer more than just a job — we offer a career path. If you've got passion, drive, and the determination to succeed, now's your moment to rise to the challenge! This role within Client Onboarding & Lifecycle Management focuses on the bank's critical client onboarding, ongoing AML/CFT monitoring, and review processes. The ideal candidate will maintain consistently high standards in line with the bank's AML/CFT procedures and may be tapped for additional compliance and risk management projects. Start Your Career as a Client Due Diligence Specialist Client On-boarding and Due Diligence • Conduct thorough, timely, and quality reviews of new client onboarding requests, including account approvals • Provide expert guidance to front office and team members on client onboarding matters, addressing KYC information and documentation gaps • Perform independent, comprehensive reviews including KYC/AML/Tax risk identification, plausibility checks, and Source of Wealth/Funds verification • Review and approve new business relationships with Independent Asset Managers, Referral Intermediaries, and counterparties • Collaborate closely with key stakeholders: Relationship Managers, Team Heads, Market Heads, Compliance, and internal colleagues to ensure seamless onboarding • Develop and deliver KYC/AML training for team members and front office staff • Support team leadership with client onboarding tasks and serve as deputy when delegated • Respond to internal, external, statutory, and regulatory audit queries and clarifications • Proactively identify and implement process and system enhancements to address evolving regulatory requirements Client Reviews • Update and verify existing client biodata • Manage alerts from periodic customer database screenings • Conduct comprehensive KYC and CDD reviews, with special focus on high-risk relationships and financial intermediaries • Identify and investigate suspicious activities, making recommendations for appropriate reporting to CAD and MAS/HKMA • Investigate suspicious transactions revealed during periodic reviews • Coordinate with relationship managers on identified issues and deficiencies • Refine and implement periodic review processes • Guide team members and relationship managers in review procedures General Responsibilities • Support Client Onboarding & Lifecycle Management as assigned • Collaborate on bank-wide remediation and special projects • Prepare management information reports • Organize front office training and alignment sessions Requirements • Minimum 5 years AML/KYC experience in a risk and control function within private banking • Deep understanding of risks specific to private banking (PEPs, Sanctions, reputational risks) • Comprehensive knowledge of MAS, HKMA, and international regulatory frameworks • Client onboarding approval experience in HK/SG private banking • University degree in Accountancy, Finance, Business Administration, or equivalent Preferred Skills • Strong AML/CFT framework understanding • Regulatory environment expertise applicable to Private Banking • Proficiency in MS Excel and MS Word