Our client, a well- established private bank based in Singapore is looking to expand their business within the Asia Pacific region. The company is looking to add on a new headcount - VP or Director Client Due Diligence to join them. This role is pivotal in ensuring the integrity of the company's operations and establishing standards.

As a member of the CDD team, you are required to work closely with the Team Lead (Client Onboarding) and Head of Client Due Diligence Asia to drive the performance of the Bank's Account Opening processes and ensure the Bank's CDD's process adheres to the KYC/AML directives and regulatory expectations.

Responsibilities:

Reviews new client account submission, including documents, due diligence / KYC information, AML risk profile, call report, in line with the Bank's KYC/AML policy and Service Levels (SLA)
Performs due diligence checks (including tax due diligence) against SmartKYC and public searches for account opening to independently corroborate Source of Wealth (SOW) with corroborative evidence.
Ensures the CDD team consistently delivers against the Bank's vision and drive to improve the account opening processes and systems.
Build and foster a close and collaborative working relationship with Asia Front Office colleagues with regards to CDD matters
Continuously drive CDD process efficiencies
Where required, to support and / or perform the following CDD related activities (non-exhaustive):-
Perform blocking and unblocking of accounts
Handling of ongoing screening alerts and escalation if required
Perform testing (AML/CFT systems such as Avaloq, Nepal, CPM)
Provide periodic status updates to management, manage prioritization, deliverables and pipeline to ensure SLAs are met

Requirements:

Minimum Tertiary qualifications, ideally in business, accounting or law
Minimum 10 years relevant experience in a financial institution, preferably covering private banking AML/KYC
Strong communication and writing skills in English and Chinese. Proficiency in mandarin is required to work with team members based in Hong Kong.
Strong CDD/KYC experience, preferably in a Private Banking set up, with analytical and evaluative skills and attention to details
Good computer skills in MS Excel, Word & PowerPoint

Please email your cv directly in word format with job reference no. 000016565 to [HIDDEN TEXT]

Please note that due to the high number of applications only shortlisted candidates will be contacted. If you do not hear from us in the next 5 business days we regret to inform you that your application for this position was unsuccessful.

By submitting your application, you acknowledge that your personal information may be processed using secure recruitment technologies, including AI-assisted tools, for recruitment, assessment, interview documentation, candidate representation, and related business purposes. Further information is available in our Privacy Policy.

EA Licence: 16S8131

Recruiter Licence: R22104669

VP or Director (CDD Account Opening) Private Bank