SVP / FVP / VP - KYC Operations

About WhiteCrow

We are global talent research, insight and pipelining specialists with offices in the UK, USA, Singapore, Malaysia, Hong Kong, Dubai, and India. Our international reach has helped us to understand and penetrate specialist markets at a global level. In addition to this, our service is also extended to complement our client's in-house research.

About our client

Our Client operates in the Financial Services Industry, with its headquarters rooted strongly in Singapore. It has its branches spread to more than 15 countries, providing employment to more than 25,000 people all over the world. They fall in the Forbes Global Their core business is to offer financial services to its clients, ranging from Investment Banking to Corporate as well as Personal Banking Services.. They are also well known for their Residential Home Loan Business.

As a SVP / FVP / VP - KYC Operations, you will be responsible for...

• Supporting the Head AFC Ops (COE) in taking ownership, accountability, and execution in overall AML CDD strategic program for the Corporates & Investment Banking segment.
• Consistently reviewing & working with key stakeholders to enhance work processes to achieve operations efficiency while ensuring consistent interpretation and implementation of
• Group Compliance AML/CFT policies and framework
• Revising and updating local SOP and workflow processes for operational efficiency and effectiveness
• Providing timely management reporting and conduct AFC related training to the team
• Highlight of potential concerns / risks and proactively sharing best risk management practices.
• Ensuring agreed SLAs supported by the teams are met
• Checking and signing off complex and high-risk customers due diligence profiles for all jurisdictions
• Working with Head AFC Ops (COE) and Group AFC Ops function to manage queries during External / Internal Audit, Group Compliance and Regulatory Audit for favourable review outcomes
• Oversight and management of the KYC teams performing CDD fulfillments to meet with
• Bank and Regulatory requirements pertaining to the customer's life cycle with the Bank.
• Focusing on procedures and processes to enable the KYC teams to achieve monthly satisfactory score for Key Operational Risk Indicator (KORI) metrics
• Providing oversight to ensure alignment of bank management responsibility and principles for effective risk and controls and connectivity across the teams and with Group AFC Ops
• Managing business efficiency of Overseas Branch Entities via centralization platform by ensuring relevant policies and standards are continuously reviewed and updated to reflect relevant changes and best practice
• Swift KYC Registry maintenance of Bank's counterparties through the uploading of Bank's information and responding to RFIs from counterparty Banks'
• Supporting Group AFC Ops in FACTCA and CRS reporting matters

What you already have...

• A strong track record in risk and regulatory matters pertaining to Know Your Customer (KYC) and financial crimes risks and typologies in ensuring customer due diligence is executed appropriately, with a clear thought process, rather than a tick box exercise.
• At least 10 years of relevant experience in KYC / CDD.
• Experienced in analyzing and quantifying complex strategic issues tied to AML CDD / transactions / activities surveillance.
• To demonstrate relevant experience in the management of people and relationships via supervisory experiences and proven leadership ability. Including the skills to develop, coach and grow teams
• Able to advise senior stakeholders with great skill and a level of confidence, knowledge and stature to provide advice in the handling of customers' due diligence requirements
• Strong at influencing thinking and behaviors that align with the Bank's commitment to financial crimes, with the highest level of integrity and the ability to balance commercial objectives with the exercise of independent and prudent judgement
• Certification as an AML specialist (e.g., CAMS / Diploma in AML) with a recognized institution will be an advantage