Onboarding Specialist

Role overview

This position is for an AML/KYC specialist who will support the onboarding and due diligence process for high-net-worth and other elevated-risk clients at a major financial institution. The role sits within the Advisory & KYC function as an individual contributor, working alongside a compliance team of 15 professionals.

The core focus is to carry out thorough review work, verify source of wealth details, evaluate financial crime exposure, and help ensure adherence to AML/CFT requirements as well as internal policy standards. You will partner with business teams, compliance colleagues, and senior leaders to support sound, risk-based onboarding decisions for HNW and high-risk clients.

Working arrangement

This is a hybrid role with 4 days in the office and 1 day working from home.

Key responsibilities

• Own the full onboarding review cycle for high-net-worth and other high-risk customer cases.
• Complete customer due diligence and enhanced due diligence checks.
• Verify and validate source of wealth and source of funds information in detail.
• Examine sanctions hits, politically exposed person alerts, adverse media, and related AML risk indicators.
• Evaluate customer risk profiles and assign suitable risk ratings.
• Refer higher-risk matters for escalation and secure management approvals when needed.
• Act as an AML/CFT adviser to business stakeholders and internal teams.
• Work in line with MAS AML notices, regulatory guidelines, and other relevant compliance obligations.
• Contribute to policy updates, regulatory workstreams, and process enhancement initiatives.

Requirements

• At least 8 years of relevant professional experience is required.
• A minimum of 5 years must be in direct AML due diligence for HNW client onboarding.
• Hands-on experience validating source of wealth evidence is essential.
• Strong knowledge of AML/CFT rules, KYC, CDD, EDD, sanctions screening, and client risk assessment is needed.
• Prior experience in private banking, wealth management, banking, insurance, or broader financial services is preferred.
• Private banking exposure would be especially valuable.
• Professional AML/CFT credentials such as CAMS, ICA, or an equivalent certification are preferred.
• Candidates whose background is limited to general KYC, AML, CFT, transaction monitoring, or sanctions screening without direct HNW onboarding and source of wealth corroboration experience are not suitable.
• Applicants should bring strong analytical and investigative ability.
• The role calls for sound judgment in handling complex client profiles and producing risk-based recommendations.
• Excellent communication and stakeholder management skills are important.
• Must be able to perform well under pressure and balance multiple priorities.
• The ideal candidate is self-driven, meticulous, and proactive in delivering results.

Additional information

Employment is full time and based onsite in Singapore, Singapore. No salary, stipend, number of openings, or start date was provided.