About the job
We are seeking a dedicated SOW Uplift Specialist for a 1-year contract with an attractive completion bonus. Join a prestigious Swiss Private Bank and play a crucial role in enhancing the quality of client due diligence. As a KYC Uplift Specialist, you will conduct comprehensive reviews of KYC profiles, ensuring compliance with evolving regulatory standards, internal policies, and industry best practices.
Key Responsibilities:
- Conduct thorough reviews and enhancements of existing KYC profiles to align with regulatory and internal requirements.
- Validate and corroborate Sources of Wealth through appropriate documentation and contextual analysis.
- Assess risks associated with complex legal structures and identify unusual transaction patterns.
- Monitor clients' transactions during the review period, ensuring they align with risk profiles and flagging suspicious activities.
- Address true matches for sanctions and other AML/CFT risks identified during screening processes.
- Maintain detailed documentation of review rationale and decisions, ensuring timely completion of assigned cases.
- Support internal governance through periodic reporting and status updates.
- Advise Front employees on KYC/CDD matters and contribute to improvements in procedures for continuous enhancement.
Professional Qualifications:
- Preferred prior experience in KYC reviews or client due diligence within a private banking environment.
- Strong ability to interpret financial documents, including financial statements and property deeds.
- Deep knowledge of regulatory expectations and enhanced due diligence practices, especially in Source of Wealth corroboration.
- A solid understanding of the private banking industry and trust company operations.
Working Arrangement:
- The role involves rotating between our East side office (next to Expo MRT) and our CBD office, spending one week at each location.
Salary:
- Compensation is based solely on experience.
