Compliance - KYC Analyst, Singapore (8 Month Contract)
Location
Singapore
Business Area
Legal, Compliance, and Risk
Ref #
10040374
Description & Requirements
Bloomberg’s Legal and Compliance Department plays a critical role in supporting our businesses and operations around the world. We move quickly and thoughtfully to help address a variety of complex legal issues that come with being the world’s leading financial news and information company. Our team is made up of talented and hardworking professionals who think creatively and work collaboratively in an open environment to deliver results, drive innovation, and solve difficult problems. Diversity and inclusion are essential to our success, and we strive to maintain an environment where our employees are empowered to make an impact. We also recognize the value and importance of giving back to our communities, as evidenced by our award-winning pro bono program.
The Global Compliance team within Bloomberg’s Legal Department provides coverage of Bloomberg's regulated entities and products, as well as support for Bloomberg's non-regulated products and services. We work to address regulatory issues, ensure compliance with current/developing rules and regulations, and correspond with regulators. Bloomberg has regulated activities that include regulated trading venues (e.g., U.K. Multilateral Trading Facility, U.S. Swap Execution Facility), MIFID II benchmark activities, a U.S. broker-dealer, and other regulated offerings globally.
The Role:
Based in Singapore, this is a great opportunity to join a dynamically growing local KYC Team and also work closely with the regional Anti-money Laundering (AML) and Compliance group. As a Know Your Customer Due Diligence Analyst, you will be focused on the onboarding and maintenance of corporate/professional clients for Bloomberg Businesses. You will leverage your deep understanding of the front-to-end customer due diligence process and be well versed with legal entity types. We would love you to bring strong competent knowledge of current UK and local APAC regulatory requirements and relevant financial industry knowhow concerning the Customer Due Diligence standards.
We'll trust you to:
- Onboard new clients
- Conduct event or time driven periodic reviews
- Analyse corporate structures and validate documentation to ensure compliance with internal procedures
- Accurately risk assess new and existing clients, resolving appropriate issues where required
- Identify potential AML concerns to appropriate senior management during the onboarding and ongoing review process
- Manage multiple expectations of business partners and front office sales teams
- Respond to client enquiries, assisting on client calls when necessary
- Perform Politically Exposed Person (PEP), Sanction and Adverse Media screening and analyse the results to eliminate or confirm matches
- Perform client static data updates within the internal systems
- As part of the broader Compliance team, provide Compliance support to the broad range of businesses operated by Bloomberg LP.
- Develop and conduct training for sales and team members as and when necessary
- Engage directly with clients in region and assist with Client queries
You'll need to have:
- KYC experience in Financial Services or a Financial Technology company
- Experience of standard AML requirements including local Money Laundering Regulations in Singapore
- Experience with PEPs, Sanctions and Adverse Media screening
- Experience of analysing complex company legal structures
- The ability to meet strict deadlines / set targets
- Dedication to resolve pending queries or concerns in a timely manner
- Strong communication and Great attention to detail
- Demonstrated continuous career growth within an organisation
- Strong presentation and communication skills in English
We'd love to see:
- Experience of CDD Quality Assurance
- Experience onboarding clients incorporated in different jurisdictions within APAC
- Detailed and practical knowledge of KYC/AML requirements for Singapore, Hong Kong, Japan and Australia
- In-House Financial Services experience
- A motivated individual who thrives in a dynamic, open-plan environment
- Additional Asian language as this role will cover the whole Asia-Pacific region
If this sounds like you:
Apply if you think we’re a good match. We’ll get in touch with you to let you know the next steps but in the meantime feel free to browse this: http://www.bloomberg.com/professional
Bloomberg is an equal opportunity employer and we value diversity at our company. We do not discriminate on the basis of age, ancestry, color, gender identity or expression, genetic predisposition or carrier status, marital status, national or ethnic origin, race, religion or belief, sex, sexual orientation, sexual and other reproductive health decisions, parental or caring status, physical or mental disability, pregnancy or maternity/parental leave, protected veteran status, status as a victim of domestic violence, or any other classification protected by applicable law.
Bloomberg provides reasonable adjustment/accommodation to qualified individuals with disabilities. Please tell us if you require a reasonable adjustment/accommodation to apply for a job or to perform your job. Examples of reasonable adjustment/accommodation include but are not limited to making a change to the application process or work procedures, providing documents in an alternate format, using a sign language interpreter, or using specialized equipment. If you would prefer to discuss this confidentially, please email AMER_recruit@bloomberg.net (Americas), EMEA_recruit@bloomberg.net (Europe, the Middle East and Africa), or APAC_recruit@bloomberg.net (Asia-Pacific), based on the region you are submitting an application for.
Contract will be administered by third-party vendor as a dispatched worker arrangement with Bloomberg.