Senior Associate / Associate, Treasures KYC Reviewer Specialist, Consumer Banking Group

DBS Bank

  • Singapore
  • Permanent
  • Full-time
  • 6 days ago
Business FunctionAs the leading bank in Asia, DBS Consumer Banking Group is in a unique position to help our customers realise their dreams and ambitions. As a market leader in the consumer banking business, DBS has a full spectrum of products and services, including deposits, investments, insurance, mortgages, credit cards and personal loans, to help our customers realise their dreams and aspirations at every life stage. Our financial solutions are not only the best in the business – they were made just right for you.Responsibilities
  • Conduct comprehensive Know Your Customer (KYC) reviews and due diligence for Treasures clients, ensuring compliance with regulatory requirements and the bank's policies
  • Analyze client information, financial data, and transaction patterns to identify potential risks and suspicious activities
  • Collaborate with cross-functional teams, such as Relationship Managers and Compliance, to address KYC-related concerns and provide recommendations
  • Maintain accurate and up-to-date client records, ensuring the integrity of the bank's customer database
  • Assist in the implementation of KYC-related initiatives and process improvements within the Treasures segment
  • Provide training and guidance to Relationship Managers on KYC best practices and regulatory changes
Requirements
  • Minimum 3 years of experience in a similar role, preferably in the banking or financial services industry
  • Strong analytical and problem-solving skills, with the ability to identify and mitigate risks
  • Strong knowledge and expertise in performing source of wealth due diligence. Candidates with experience in corroborating source of wealth on high net worth customers will have an advantage for this role.
  • Ability to be client centric while balancing business needs and controls.
  • Subject matter expert, experience dealing with complex issues, forward looking, solutions-oriented, "can do" attitude.
  • Exceptional attention to detail and analytical skills to identify discrepancies and potential risks in KYC records.
  • Strong communication and interpersonal skills, with the ability to collaborate effectively with a diverse group of internal stakeholders towards common objectives.
Apply nowWe offer a competitive salary and benefits package and the professional advantages of a dynamic environment that supports your development and recognises your achievements.

DBS Bank