Senior Officer, Periodic Review & Source of Wealth (SOW)

Your new company

A private bank is looking for a specialist in Periodic Review & Source of Wealth with 4-5 years' experience, to support the Private Banking business by performing periodic client reviews and Source of Wealth (SOW) assessments, ensuring client due diligence is completed accurately, timely, and in line with AML/CFT and regulatory requirements.

Your new role

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  Conduct periodic reviews of private banking client profiles, including KYC refresh, account data maintenance/ updates, and verification of client information in accordance with internal policies and regulatory standards.
  
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  Perform Source of Wealth (SOW) and Source of Funds (SOF) assessments by reviewing client documentation, transaction history, and publicly available information to assess plausibility and consistency.
  
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  Identify and document AML risks and red flags, escalating unusual findings, gaps, or inconsistencies to senior team members for further review and decision-making.
  
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  Coordinate with Relationship Managers and internal stakeholders to obtain required information and supporting documents, ensuring timely completion of review cycles.
  
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  Prepare clear and well-structured review documentation, ensuring records are complete, accurate, and audit-ready to support internal review, compliance, and regulatory examinations.
  
  

What you'll need to succeed

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  5 years of experience in AML/KYC, periodic review and Source of Wealth within private banking or financial institutions
  
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  Basic understanding of AML/CFT regulations and SOW/SOF concepts
  
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  Strong attention to detail, analytical skills, and written documentation ability
  

What you need to do now

If you're interested in this role, click 'apply now' to forward an up-to-date copy of your CV, or call Hailey Tai now @ 22307491. Alternatively, you can also send Hailey an updated CV to [email protected]

If this job isn't quite right for you, but you are looking for a new position, please contact us for a confidential discussion about your career.