Job Description

Key Responsibilities:

Strategic Oversight & Governance

Lead the Compliance Assurance function for Commercial Banking portfolios, focusing on high risk classified clients Define and implement documentation processes and standards aligned with onboarding policies and regulatory expectations (e.g., MAS) Serve as a senior advisor to Compliance and Front Office on onboarding documentation-related risks and controls Track and report on the progress and efficiency of the high risk portfolio onboarding pipeline, risk trends and recurring KYC issues, actions triggered to ensure adequate progression of the case Provide subject matter expertise and training to internal teams on high risk onboarding standards and regulatory changes on a periodic basis as and when required Align key performance indicators ("KPIs") and metrics for the onboarding process

Risk & Compliance Leadership

Oversee the end-to-end client onboarding process, from prospect onboarding advisory to high risk account opening, facilitating compliance with the bank's requirements and timely opening of accounts Conduct periodic reviews and audits of account opening and onboarding documentation to ensure compliance with internal policies and regulatory standards Identify and remediate documentation gaps, inconsistencies, and control weaknesses Ensure timely escalation of documentation discrepancies and exceptions

Stakeholder Engagement

Partner with Relationship Managers, CDD Ops and Compliance to ensure documentation is fit-for-purpose and aligned with CDD policies and local requirements Represent the Compliance Assurance function in relevant committees, governance forums, and regulatory engagements Provide subject matter expertise and training to internal teams on onboarding standards and regulatory changes on a periodic basis as and when required To be the main liaison with auditors and/or regulators for any KYC related items within purview

Process Optimization

Drive initiatives to enhance turnaround time and efficiency, mitigating risk and contribute to the development and implementation of best-in-class CDD and onboarding practices and policies Drive initiatives to digitize and automate documentation workflows, reducing manual errors and improving turnaround times Monitor industry trends and regulatory developments to proactively adapt and improve practices Develop, together with relevant stakeholders, the turn-around-time for each stage of the end-to-end process, and tracking mechanisms necessary to ensure adherence

Requirements:

Bachelor's degree in Finance, Business, Law, or related discipline Technical and Regulatory Knowledge relating to CDD and onboarding processing/risk Experience in developing and implementing end-to-end process flows, and managing High risk clients would be an advantage 10+ years of experience in onboarding, compliance, or compliance assurance Strong understanding of KYC, CDD, onboarding processes, and regulatory requirements Technical understanding of CDD and onboarding end-to-end process Strong analytical skill and eye for detail Good communication and interpersonal skills Independent, versatile and able to perform under pressure Knowledge of Commercial Banking business practices, processes and procedures Proven track record in managing regulatory compliance and risk assurance functions Strong leadership, stakeholder management, and communication skills * Good communication skills, written and spoken with the ability to communicate at all levels