Assistant Manager, AMLKYC

Were a leading Investor Services group offering end-to-end services in administration accounting reporting regulatory and compliance needs of the investment sector worldwide.

The successful incumbent will represent the first line of defence and be a key stakeholder in driving the AML/KYC function within the region. The scope of work will be completed in accordance with IQ-EQs internal AML/CFT framework as well as international and domestic AML/CFT regulations and guidelines across a wide spectrum of service offerings both internal and external. This role will cover both fund administration and corporate segments.

What youll do

• Be the main point of contact for clients and internal teams in relation to AML/KYC onboarding and lifecycle management including guidance to the front office on documentation requirements.
• Perform client AML/KYC onboarding and periodic review in accordance with Group FCC framework & internal policies and procedures. 
• Review and conduct source of funds & wealth corroboration of clients in line with regulatory requirements.
• Familiar with AML/KYC requirements for individuals and different types of entities e.g. Companies Partnership Financial Institutions Trusts etc.
• Well-versed in Enhanced Due Diligence for high-risk cases including PEPs Adverse Media Sanctions and other independent recommendations to mitigate identified risks.
• Ensure client database is up to date and accurate in relevant software and systems used for the onboarding and ongoing monitoring stages of the lifecycle.
• Monitoring of Key Risk Indicators (KRIs) across business segments for ongoing reporting and highlight potential risks to local management for review and consideration.
• Ensuring that applicable Compliance policies and procedures are kept up to date for changes in regulations and in regulatory expectations and that management and staff are kept apprised of such changes.
• Assist with internal initiatives from time to time which include but are not limited to quality assurance audit and/or regulatory inspections.
• Provide guidance as subject matter expert and act as a resource for junior team members.
• Conduct training for and alongside internal team members and stakeholders as and when required.
• Contribute ideas and participate in transformation and change initiatives to drive continuous improvement to further enhance key deliverables.
• Contributing to Group and Local governance and oversight forums e.g. Acceptance Continuation and Exit Committee (ACE) Risk & Compliance Committee (RCC) etc.
• Stay up to date with new AML regulatory changes and developments to brief team members and clients on applicability
• Support the department as required within the confines of role.
• Undertake any additional reasonable duties as required the Firm.

What we offer

• Comprehensive remuneration and pension: motivating financial packages based upon market rates for your role and is proportionate to your qualifications level of experiences and skills profile
• Wellbeing: additional social benefits such as private health and dental cover life assurance and etc
• Annual leave: our employees are entitled to 25 days paid leave plus all statutory public holidays
• Maternity and paternity leave education leave and etc
• Flexible working: we recognise the value of working flexibly and want to ensure all employees enjoy an excellent work-life blend. As such we are open to conversations with employees related to setting up flexible working arrangements.

Qualifications :

• Bachelors degree in law accounting or equivalent fields
• At least 4 to 5 years experience in a financial services AML role.
• Good knowledge of Singapore Hong Kong and Cayman AML rules and regulations.
• Proficiency in English written and verbal communication
• Ability to work under pressure in a fast-paced environment
• Professional Certifications in Anti-Money Laundering (such as ICA or ACAMS) is not mandatory but would be an advantage
• Some knowledge on Fund Administration or Corporate Services would be helpful

Additional Information :

Our commitment to you and the environment

Sustainability is integral to our strategy and operations. Our sustainability depends on us building and maintaining long-term relationships with all our stakeholders including our employees clients and local communities while also reducing our impact on our natural environment.  

There is always more we can and should do to improve whether in relation to our people our clients our planet or our governance. Our ongoing success as a business depends on our sustainability and agility in a changing and challenging global landscape. Were committed to fostering an inclusive equitable and diverse culture for our people led by our Diversity Equity and Inclusion steering committee. 

Our learning and development programmes and systems (including PowerU and MyCampus) enable us to invest in growing our employees careers while our hybrid working approach supports our employees in achieving balance and flexibility while remaining connected to their colleagues. We want to empower our 5800 employees - from 94 nationalities across 25 countries - to each achieve their potential.  Through IQ-EQ Launchpad we support women managers launching their first fund in an environment where only 15% of all private equity and venture capital firms are gender balanced.  

Were committed to growing relationships with our clients and supporting them in achieving their objectives. We understand that our clients sustainability and success leads to our sustainability and success. Were emotionally invested in our clients right from the beginning.  

Remote Work :

No

Employment Type :

Full-time