Business Function

DBS Private Banking offers a one-stop, full-service touch-point for total banking requirements and provides the highest level of personalised banking. We have a team of dedicated, experienced investment advisors who identify opportunities in the various asset classes and employ the best strategies and product vehicles to cater to each client's needs. Coupled with partnerships within the DBS network and with global institutions, we strive to build long-term relationships with our Private Banking clients in Asia by providing them with high quality, timely and extensive wealth management, investment and financial solutions.

Job Purpose

The KYC Specialist provides expert advice to Front Office in all KYC customer due dilignce (CDD) matters, and partner Front Office in the KYC CDD review process, from the beginning of client onboarding till approval. In addition, The specialist works closely with Group Compliance on specific AML/KYC policy and procedures as well as client risk profiling related matters. The KYC team reports to the COO Office and functions as the Compliance Expert for the Front Office.

Responsibilities

Advise Front Office on the onboarding requirement in accordance to Bank's AML/KYC standards and regulatory requirement, and partner with Front Office to meet the requirement
Review and corroborate customer's source of wealth (SOW) information submitted by RM, perform an independent review and risk rate customer in accordance to regulatory requirement as well as Group AML/CFT policy and procedures
Follow up with Front Office (RM & ARM) and other stakeholders on customer CDD related matters and for escalated/prioritised cases
Assess and ensure the relevance and completeness of CDD information supplied by Front Office and perform appropriate due diligence checks and information searches to comply with bank standards of client onboarding
Highlight deficiencies, suspicious AML or other non-compliance issues to relevant parties and management
Prepare reports for management reporting to facilitate relevant reviews and strengthen the control procedures and process
Train the Front Office on client documentation and KYC related subjects
Coach the junior team members and provide guidance in exception handling
Involve in projects for new processes or industry initiatives, and internal/external audits
Keep abreast of global AML/CFT developments that impact due diligence on wealth clients and ensure compliance with all other controls and processes

Requirements

Bachelor's degree with at least 8-12 years of working experience in KYC/AML areas, risk or controls functions, preferably in Private Banking
Familiar with regulatory requirements pertaining to KYC/AML in a Private Banking setting, e.g., MAS 626. customer SOW due diligence etc
Certifications in AML such as Certified Anti Money Laundering Specialist (CAMS) or International Association Diploma in Anti Money Laundering would be an advantage
Ability to be client centric while balancing business needs and controls
Excellent interpersonal skills to manage relationships with Front Office stakeholders
An efficient solutions provider with strong analytical and creative problem-solving skills

Apply Now

We offer a competitive salary and benefits package and the professional advantages of a dynamic environment that supports your development and recognizes your achievements.

Primary Location

Singapore-DBS Asia Central

Job

Compliance

Schedule

Regular

Job Type

Full-time

Job Posting

Nov 3, 2025, 6:25:58 AM

VP / AVP, KYC Specialist - Client Onboarding, Private Banking, Consumer Banking Group