Associate/Senior Associate - AML/KYC

Job Description

This role

We’re a leading Investor Services group offering end-to-end services in administration, accounting, reporting, regulatory and compliance needs of the investment sector worldwide.

The successful incumbent will represent the first line of defence and be a key stakeholder in driving the AML/KYC function within the region. The scope of work will be completed in accordance with IQ-EQ’s internal AML/CFT framework, as well as international and domestic AML/CFT regulations and guidelines, across a wide spectrum of service offerings, both internal and external. This role will cover both fund administration and corporate segments.

What you’ll do

• You'll serve as the primary point of contact for investor AML/KYC onboarding, ongoing monitoring reviews, regulatory reporting, and client due diligence activities.
• You'll conduct and review KYC assessments, including source of funds and source of wealth verification, enhanced due diligence (EDD), and risk-based reviews for individuals, trusts, financial institutions, private companies, partnerships, PEPs, sanctions, and adverse media cases.
• You'll oversee and quality-check onboarding and review processes, maintain accurate client records and databases, and support audit, regulatory inspection, compliance remediation, and quality assurance initiatives.
• You'll act as a subject matter expert by providing guidance, training, and support to internal teams and external stakeholders while keeping abreast of AML/KYC regulatory developments and requirements.
• You'll contribute to operational excellence by driving process improvements, participating in transformation initiatives, managing review workflows, and supporting additional risk and compliance responsibilities as required by the Firm.

What We Offer

• Comprehensive remuneration and pension: motivating financial packages based upon market rates for your role and is proportionate to your qualifications, level of experiences and skills profile
• Wellbeing: additional social benefits such as private health and dental cover, life assurance and etc
• Annual leave: our employees are entitled to 25 days paid leave plus all statutory public holidays
• Maternity and paternity leave, education leave and etc
• Flexible working: we recognise the value of working flexibly and want to ensure all employees enjoy an excellent work-life blend. As such, we are open to conversations with employees related to setting up flexible working arrangements.

Qualifications

About you

Qualifications

• You hold a bachelor’s degree in law, accounting, or a related discipline, with a strong foundation in compliance, risk, or financial services.
• You have at least 4 years of relevant AML/KYC experience within a regulated fund, asset management firm, fund administrator, or other financial services environment; candidates with less experience may be considered for an Associate-level role.
• You possess a solid understanding of Cayman, Singapore, and Hong Kong AML regulations, with exposure to other regulated fund jurisdictions considered an advantage.
• You demonstrate strong attention to detail, excellent organizational and prioritization abilities, and effective interpersonal skills in a fast-paced environment.
• You communicate fluently in English, both written and verbal, and proficiency in reading, writing, or speaking Chinese would be an advantage due to business needs.

Desired Criteria:

• Professional Certifications in Anti-Money Laundering (such as ICA or ACAMS) is not mandatory but would be an advantage
• Some knowledge on Fund Administration would be helpful

Additional Information

As a forward-looking business, sustainability is integral to our strategy and operations. Our sustainability depends on us building and maintaining meaningful, long-term relationships with all our stakeholders, including our employees, clients, and local communities, while also reducing our impact on our natural environment.

There is always more we can, and should do, to improve, whether in relation to our people, our clients, our planet, or our governance. Our ongoing success as a business depends on our sustainability and agility in a changing and challenging global landscape. We're committed to fostering an inclusive, equitable and diverse culture for our people, led by our Diversity, Equity, and Inclusion steering committee.

Our learning and development programmes and systems (including PowerU and MyCampus) enable us to invest in growing our employees' careers, while our hybrid working approach supports our employees in achieving balance and flexibility while remaining connected to colleagues. We want to empower our 5,500+ employees, from 94 nationalities, speaking 41 languages across 25 countries, to each achieve their potential. Through IQ-EQ Launchpad, we support female managers launching their first fund, in an environment where only 15% of all private equity and venture capital firms are gender balanced.

We're committed to growing long-term relationships with our clients and supporting them in achieving their objectives. We understand that our clients' sustainability and success leads to our sustainability and success. We're emotionally invested in our clients right from the beginning.