Compliance Officer - Client Due Diligence (Private Wealth)

This role offers you the opportunity to play a pivotal part in safeguarding the integrity of client onboarding and periodic review processes, focusing on name screening, sanctions, PEP, and adverse media outcomes. You will be immersed in a supportive environment where your expertise in AML/CFT regulations and private banking due diligence will be valued and nurtured. If you are passionate about compliance, this is your chance to make a meaningful impact within the Private Wealth sector.

What you'll do:

As a Compliance Officer – Client Due Diligence (Private Wealth) based in Singapore, you will be responsible for conducting meticulous reviews of name screening results for new and existing clients.

• Review name screening results for individuals, entities, related parties, and connected parties during both onboarding and periodic reviews, ensuring thorough assessment against internal standards.
• Assess potential matches involving sanctions, politically exposed persons (PEP), adverse media findings, internal watchlists, and other AML/CFT risk indicators as part of the client due diligence process.
• Challenge screening dispositions by evaluating rationale, documentation quality, and escalation decisions to ensure alignment with established policies and procedures.
• Support comprehensive CDD reviews of Private Wealth clients by assessing client profiles, source of wealth/source of funds information, risk ratings, and supporting documentation.
• Liaise closely with Front Office teams, Relationship Managers, CDD specialists, and Compliance stakeholders to resolve screening or due diligence issues collaboratively.
• Identify red flags such as incomplete information or potential AML/CFT concerns promptly and escalate them according to regulatory expectations.
• Ensure all reviews are completed efficiently within agreed timelines while adhering strictly to internal policies, procedures, service level agreements (SLA), and regulatory requirements.
• Contribute to quality checks, control improvements, management reporting activities, and process enhancement initiatives aimed at strengthening compliance frameworks.
• Stay updated on developments in AML/CFT regulations, sanctions lists, PEP criteria, and adverse media relevant to Private Wealth clients in Singapore and across APAC markets.

What you bring:

Your extensive experience as a Compliance Officer – Client Due Diligence Private Wealth equips you with deep knowledge of AML/CFT regulations specific to Singapore’s financial landscape.

• Minimum five years’ proven experience in AML compliance roles such as KYC review, CDD assessment, name screening analysis or financial crime investigation within the banking sector.
• Extensive background in Private Wealth or Private Banking client due diligence processes with familiarity handling cross-border or offshore wealth clients across APAC markets.
• Proficiency using industry-standard screening tools including World-Check, Dow Jones Factiva, NetReveal or open-source platforms like Google searches for enhanced due diligence.
• Comprehensive understanding of Singapore AML/CFT regulatory requirements covering client onboarding protocols, periodic review cycles, sanctions monitoring practices and PEP risk management.
• Strong analytical capabilities enabling you to assess screening results accurately while documenting clear rationales for review outcomes.
• Excellent stakeholder management skills allowing you to engage effectively with Front Office teams as well as Compliance colleagues in resolving complex issues.
• Detail-oriented approach combined with the ability to manage high volumes of reviews within tight deadlines without compromising quality standards.
• Diploma or Degree qualification in Banking, Finance, Business Administration, Law or Compliance-related disciplines is required for this position.
• Candidates with prior experience in Private Banking operations or Wealth Management advisory roles will be highly regarded for their specialised knowledge base.
• Experience supporting quality assurance checks or contributing towards process improvement initiatives within compliance functions is considered advantageous.

What sets this company apart:

This organisation stands out as one of Singapore’s most respected financial institutions renowned for its commitment to integrity and excellence within the Private Wealth sector. The company’s inclusive culture emphasises collaboration among teams while supportive leadership ensures every individual feels valued regardless of their background or experience level. With access to cutting-edge compliance tools and regular updates on regulatory changes affecting private banking clients across APAC markets, staff members are empowered to stay ahead in their field. The institution’s dedication to nurturing talent through knowledge-sharing sessions further enhances its reputation as an employer of choice among compliance professionals seeking long-term career growth within a stable yet dynamic environment.

What's next:

If you are ready to take your compliance career further within Private Wealth by joining an inclusive team that values your expertise—apply now!

Apply today by clicking on the link provided.

Do note that we will only be in touch if your application is shortlisted.

Robert Walters (Singapore) Pte Ltd
ROC No.: 199706961E | EA Licence No.: 03C5451
EA Registration No.: R25132560 Madiha Binti Md Ridza