- Location
- Singapore
- Type
- Full-time
- Department
- Finance
- Seniority
- Manager
- Closing date
- Today
- Source
- Workday
Description
Define your future at HL Bank Singapore
Functional (job responsibilities)
1. Core Business Compliance & KYC Onboarding (First Line of Defence)
- Act as the subject matter expert on Business Banking compliance, owning the end-to-end KYC onboarding lifecycle for new accounts, corporate borrowers, and complex legal entities.
- Review, analyze, and verify corporate ownership structures, beneficial ownerships (UBOs), and legal constitutional documents to identify and mitigate compliance or reputational risks.
- Coordinate directly with corporate clients and Relationship Managers (RMs) to collect sensitive compliance data, clear complex screening hits (PEP, Sanctions, Adverse Media), and resolve documentation gaps.
- Partner closely with the Second Line (Group Compliance / AML teams) to streamline the account opening approval process while ensuring no compromise on risk standards.
2. Credit & Facility Compliance Management
- Audit and verify that all credit approvals, Letters of Offer, and Variation Letters are meticulously prepared and strictly aligned with the compliance terms set out by credit committees.
- Ensure all structural covenants, legal securities, and credit facility documentation are completely executed and fully compliant before any funds are disbursed.
- Take charge of the ongoing compliance monitoring of client files, tracking timely submissions of corporate financial records for credit review and spreading.
3. Portfolio Maintenance, File Remediation & Audits
- Review and maintain robust, audit-ready client compliance files and records, proactively managing trigger events, periodic reviews, and KYC refreshes.
- Assist the department in regular internal and external compliance audits, identifying operational gaps and implementing rectifying measures.
- Monitor regulatory changes and policy updates from compliance divisions, assisting RMs in translating complex guidelines into daily operational practices.
4. Ad-Hoc Compliance Projects
- Lead or participate in departmental risk-mitigation projects, such as system automation for compliance workflows, data remediation exercises, or process enhancement initiatives.
Managerial (team/group responsibilities)
Not applicable
Organizational (organizational responsibilities)
To carry out any other duties as directed by Company Management.
Education/ Qualification
Bachelor’s Degree in Banking & Finance, Law, Business Administration, or a related field. Relevant compliance certifications (e.g., ICA, ACAMS) are a strong plus.
Experience
1–3 years of dedicated experience in banking compliance, first-line client onboarding (KYC/AML), credit administration, or operational risk within commercial banking.
Special Skills
Core Competencies:
- Strong technical understanding of AML/CFT frameworks, MAS regulatory guidelines, and corporate onboarding procedures.
- Native comfort in analyzing complex corporate structures, trust deeds, and financial/legal documentation.
- Excellent communication skills to handle high-stakes compliance queries professionally with both internal stakeholders and corporate entities.
Attributes:
Meticulous, highly analytical, and possesses the professional courage to enforce compliance policies constructively within a fast-paced business environment.
About HL Bank Singapore
HL Bank Singapore is the Singapore branch of Hong Leong Bank, a premier regional financial services leader headquartered in Malaysia with a rich heritage of over 120 years. Listed on Bursa Malaysia and a key member of the extensive Hong Leong Group, we operate a robust network of approximately 250 branches across Malaysia, with a strategic regional presence in Singapore, Hong Kong, Vietnam, Cambodia, and China.
As a Full Bank in Singapore, we serve as a vital hub for the Group’s regional ambitions. A cornerstone of this strategy is our sophisticated "advisory-first" wealth proposition through HLB Private Bank and HLB Priority. By combining our deep Asian market roots with a landmark strategic alliance with Swiss private bank Lombard Odier, we provide world-class wealth architecture and bespoke solutions for our clients.
Beyond our wealth focus, we deliver excellence through four core business pillars: Business & Corporate Banking, Personal Financial Services, Private Wealth Management, and Global Markets. This "Integrated Approach" allows our talent to collaborate seamlessly across segments, ensuring we effectively meet the multifaceted needs of high-net-worth individuals, business founders, and corporate enterprises alike.
At HL Bank Singapore, our people are central to our success, and as a recognized Human Capital Partner (HCP) by TAFEP, we are committed to progressive workplace practices and your professional development. We seek digitally inclined, customer-centric performers who thrive in a technology-focused environment, where we empower our teams with AI-enhanced tools and next-generation platforms to lead the industry. As part of a large, diversified conglomerate, we offer unrivaled opportunities to explore new grounds and build a challenging career path within a rapidly expanding regional landscape. Join us to be part of a proven value-creation story and shape the future of your own story at HL Bank Singapore.
