Back to search

KYC Officer - Commodities/Trade Finance

Singapore Permanent SG$6,000 - SG$7,000 per month (SG$72,000 - SG$84,000 per year) View Job Description
This role entails managing the end-to-end KYC and onboarding process of clients and counterparties for the organisation, ensuring that the risk profiles and documents of onboarded counterparties are in line with regulatory standards.
  • Well known and reputable organization
  • Stable and predictable work environment

About Our Client

Our client is a reputable Oil & Gas firm headquartered in Asia. They are looking for someone experienced in KYC, Trade Finance and Sanctions within the Banking and Commodities Industry to join them in this in-house role to handle all the KYC and onboarding aspects of the business.

Job Description

Reporting to the Chief Legal Counsel, the key responsibilities of this role include:

  • Assess and ensure the adequacy of KYC information provided by Front Office and perform necessary due diligence for onboarding of new counterparties, including sanction screening through World-Check and other online platforms.
  • Perform validation of completeness and accuracy of KYC documentation including but not limited to counterparty registrar information, beneficial ownership, etc.
  • Identify key counterparty risks by evaluating clients according to established policies and procedures.
  • Prepare the counterparty review for new counterparties.
  • Conduct ongoing periodical review and verification of clients' KYC records.
  • Provide guidance to Business Units and Support Units on KYC-related matters when required.
  • Ensure counterparty information data is appropriately maintained within in-house trading systems.
  • Support other general compliance work in the department.

The Successful Applicant

  • Bachelor's Degree in banking, finance, accounting or related fields
  • 3 or more years of experience within the field of KYC
  • Experience with KYC systems and Microsoft Office applications
  • Good knowledge of regulations, laws and compliance requirements such as KYC, CFT, anti-money laundering and trade sanctions
  • Good to have commodity trading experience or knowledge
  • Excellent team player and ability to communicate clearly to business and stakeholders
  • Meticulous, sensitive to details, analytical and good in problem solving

What's on Offer

This role is offers a unique opportunity for candidates experienced in KYC and onboarding within the field of Corporate Banking and Trade Finance to apply their experience in this in-house role, acting as the gatekeeper for onboarding new counterparties for the organisation.

Contact
Sam Lin (Lic No: R22105925 / EA No.: 18S9099)
Quote job ref
JN-112024-6597190
Phone number
+65 6541 9949

Job summary

Function
Banking & Financial Services
Specialisation
Compliance & Legal
What is your area of specialisation?
Financial Services
Location
Singapore
Contract Type
Permanent
Consultant name
Sam Lin (Lic No: R22105925 / EA No.: 18S9099)
Consultant contact
+65 6541 9949
Job Reference
JN-112024-6597190

Diversity & Inclusion at Michael Page

We don't just accept difference - we celebrate it. We encourage applicants from all backgrounds to apply for this role and are committed to building inclusive, diverse workplaces where everyone can thrive. If you require any support or reasonable adjustments during the recruitment process, please let us know.