Client Due Diligence Specialist Singapore (SG)

LGT is the largest Private Banking and Asset Management group in the world to be owned by an entrepreneurial family. As the family office of the Princely House of Liechtenstein, we have years of experience in the management of sizeable sums of assets.

Periodic Review

• Perform due diligence reviews and identify key risks in AML/KYC information for the review of existing client accounts; with a particular focus on higher risk clients including Politically Exposed Persons on a timely manner in accordance to the Bank’s Policies and Procedures;

• Performs plausibility assessment of clients’ source of wealth (SOW) whenever there is a trigger review or change in circumstances (“CIC”) and work with Front Office to ensure independent corroboration;

• Conduct incremental delta screenings and perform first level screening assessment via SmartKYC on account related parties and SOW companies;

• Document the review assessment with a clear articulation of the potential AML, reputational and Sanctions (where applicable);

• Perform CIC/credit reviews and provide the input from a Compliance perspective;

• Provide high quality advice and training to stakeholders with respect to due diligence measures and on applicable internal policies and local regulation;

• Support in diverse tasks including audits, inspections, regulatory reporting;

• Participate in various projects including system enhancement and process improvement initiatives, working closely with stakeholders to define business requirements, conduct user acceptance test, ensure proper business integration and provide post implementation support; and

• Provide any other additional ad-hoc support to the Client Due Diligence/Compliance team as and when is required.

Onboarding

• Perform due diligence reviews and identify key risks in KYC information for the onboarding of new client accounts; with a particular focus on High-risk clients including Politically Exposed Persons on a timely manner in accordance to the Bank’s Policies and Procedures.

• Performs plausibility assessment of clients’ source of wealth (SOW) and work with Front Office to ensure independent corroboration.

• Conduct screenings and perform first level screening assessment via SmartkKYC on account related parties and SOW companies.

• Document Client Onboarding Assessment with a clear articulation of the potential AML, reputational and Sanctions (where applicable).

• Provide high quality advice and training to stakeholders with respect to due diligence measures and on applicable internal policies and local regulatory expectations;

• Collaborate closely with the relevant stakeholders including other Compliance teams, Relationship Managers, Business Managers and Senior Management to ensure a thorough due diligence assessment

• Support in diverse tasks including audits, inspections, regulatory reporting; and

• Participate in various projects including system enhancement and process improvement initiatives, working closely with stakeholders to define business requirements, conduct user acceptance test, ensure proper business integration and provide post implementation support;

• Provide any other additional ad-hoc support to the Client Due Diligence/Compliance team as and when is required.

• 8-10 years of relevant experience within Compliance or audit, with a strong focus on the AML/CDD function within the Private Banking Sector.

• Thorough knowledge of AML regulatory requirements - (i) MAS Notice on the Prevention of Money Laundering and Countering the Financing of Terrorism (ii) Effective AML/CFT Controls in Private Banking.

• Thorough record keeping abilities with attention to detail.

• Effective communicator with excellent interpersonal skills will be vital in managing internal stakeholders and fostering collaborative relationships within the Bank.

• Ability to multi-task and work well in a fast-paced environment.

LGTは、従業員の多様性を推進しています。私たちは、包括的で感謝に満ちた企業文化が、優れた職場の原動力であり、ユニークで成功するチームを生み出す機会を提供すると信じています。そのため、従業員にはさらに多くの特典を用意しています。