Standard Chartered Private Banking jobs

We are seeking a

Private Banking Compliance Officer / Senior Officer

to support the establishment and development of the Bank’s private banking business in Singapore.

The successful candidate will provide compliance advisory and control support across

Private Banking, AML/CFT, KYC/CDD/EDD, client onboarding, customer risk assessment, sanctions screening and transaction monitoring

, ensuring compliance with applicable

MAS regulations, Singapore AML/CFT requirements and the Bank’s internal policies and procedures

.

Key Responsibilities

Support the establishment and development of the Bank’s

Private Banking business in Singapore

, ensuring compliance with MAS regulations, Singapore regulatory requirements and internal policies.

Develop, draft and review

Private Banking AML/CFT, KYC/CDD/EDD, customer risk assessment, client onboarding and compliance policies and procedures

.

Draft and review

Private Banking account opening documents, customer agreements, product and service procedures, compliance guidelines and other related documentation

.

Provide compliance advisory on a broad range of

Private Banking products and services

, including deposits, foreign exchange (FX), financing, insurance and trust referrals, funds, bonds, equities and structured products.

Review and advise on

Private Banking client onboarding and ongoing client management

, including KYC/CDD/EDD, Source of Wealth (SOW), Source of Funds (SOF), customer risk assessment, PEP and sanctions screening, periodic reviews and transaction monitoring.

Assess and advise on complex or higher-risk client cases, identifying potential

AML/CFT, sanctions, reputational and regulatory risks

and recommending appropriate risk mitigation measures.

Work closely with

Relationship Managers, Front Office, Operations, Legal, Risk, Compliance and other internal stakeholders

to ensure timely resolution of compliance matters and effective implementation of controls.

Draft

business requirements, functional specifications and compliance control requirements

for Private Banking systems and technology enhancements.

Work with IT and relevant stakeholders on the

design, implementation, testing and enhancement of Private Banking systems and compliance controls

.

Support the development and implementation of compliance controls, processes and monitoring frameworks as the Private Banking business grows.

Provide compliance advisory and support for

regulatory reporting, escalation and remediation activities

where required.

Monitor regulatory and industry developments and assess their impact on the Bank’s Private Banking business and compliance framework.

Perform other compliance-related duties and projects as assigned by the Department Head or Team Head.

Job Requirements

Bachelor’s degree in

Finance, Banking, Business, Law, Accounting or a related discipline

.

Minimum

3–5 years of relevant Private Banking Compliance, Wealth Management Compliance or AML/CFT experience

in Singapore.

Experience with a

private bank, international bank, wealth management institution or established financial institution

is preferred.

Strong practical knowledge of

Private Banking compliance, AML/CFT, KYC/CDD/EDD, client onboarding, customer risk assessment, SOW/SOF assessment, PEP and sanctions screening, periodic review and transaction monitoring

.

Good understanding of

MAS regulations and Singapore’s AML/CFT regulatory framework

, including requirements applicable to Private Banking and high-net-worth clients.

Strong understanding of Private Banking products and services, including

deposits, FX, lending/financing, funds, bonds, equities and structured products

.

Experience in

compliance advisory, policy and procedure development, system implementation or compliance control enhancement

will be an advantage.

Strong written and verbal communication skills in

English and Chinese

, with the ability to draft and review compliance and Private Banking documentation and communicate effectively with Chinese-speaking clients, Relationship Managers and Head Office stakeholders.

Strong analytical, problem-solving and stakeholder management skills.

Proactive, detail-oriented and able to work independently in a fast-paced environment.

A strong team player with excellent communication and interpersonal skills.

Relevant professional qualifications such as

ACAMS, ICA, CAMS or other compliance/AML certifications

will be an advantage.
At GreenLane Talent Acquisition, we redefine the recruitment experience for both clients and job seekers. As a leading talent acquisition partner, we specialize in connecting top-tier professionals with leading companies. Our comprehensive approach covers everything from precise position identification to seamless onboarding, ensuring a perfect fit for both employers and candidates.

For job seekers, GreenLane is more than a recruitment agency; we are your career advocate. Our team is dedicated to understanding your unique skills, aspirations, and preferences, guiding you towards opportunities that align with your career goals. We believe in the transformative power of exceptional talent, and we are here to support you in achieving your professional ambitions.

Whether you are an employer seeking top talent or a job seeker looking for the next career move, GreenLane Talent Acquisition is your trusted partner on the journey to success.