The posting
Key Responsibilities
Business & Regulatory Support
- Support the establishment, growth, and ongoing development of the private banking business in Singapore.
- Ensure business activities comply with applicable MAS regulations, AML/CFT requirements, and internal policies.
- Monitor regulatory developments and assess their impact on private banking products, services, and processes.
Policies & Procedures
- Develop and draft private banking AML/CFT, KYC/CDD/EDD, customer risk assessment, and onboarding policies and procedures.
- Review and update existing policies and procedures to reflect regulatory changes and business needs.
- Support the implementation of compliance frameworks, controls, and governance processes.
Compliance Advisory
- Provide compliance advice on private banking products and services across the full product range.
- Advise business and control functions on regulatory requirements, risk assessment, and customer onboarding matters.
- Support new product initiatives, business projects, and regulatory change programs.
Requirements
- Bachelor’s degree in Law, Finance, Business, Accounting, or a related discipline.
- 5+ years of experience in private banking compliance, AML/CFT, business management, legal, or product governance within Singapore.
- Strong knowledge of MAS regulations, AML/CFT requirements, KYC/CDD/EDD, customer risk assessment, and onboarding processes.
- Experience drafting policies, procedures, account opening documents, customer agreements, and system requirements.
- Familiarity with private banking products and services, including deposits, FX, financing, insurance and trust referrals, funds, bonds, equities, and structured products.
- Strong analytical, drafting, communication, and stakeholder management skills.
- Professional certifications such as CAMS, ICA, or equivalent are preferred. If you're interested in the above role, click on the 'apply' function now! Alternatively, you can contact Suhani Malhotra at [email protected] for a confidential discussion. Only shortlisted candidates will be notified. StriveX Pte Ltd Suhani Malhotra EA Licence No: 23S2077 EAP Registration No: R1770166



