Corporate and Investment Banking provides corporate customers with a full range of commercial banking products and services, including cash management services, current accounts, time deposits, trade finance, working capital finance, term loans and foreign exchange. Through our continued commitment, DBS has cultivated long-standing relationships with its customers in the region that are based on account relationship management, service differentiation, product development and rigorous credit standards.
Job Purpose
To conduct customer due diligence and KYC reviews for SME Banking and Institutional Banking clients, ensuring compliance with AML regulations, internal policies, and regulatory requirements. The role is responsible for identifying and mitigating financial crime, regulatory, and reputational risks while supporting efficient client onboarding and periodic reviews.
Key Accountabilities
Conduct KYC, CDD, and EDD reviews for new and existing customers in accordance with regulatory and bank policies.
Assess customer risk profiles by reviewing client information, financial statements, ownership structures, and supporting documentation.
Ensure timely completion and accuracy of KYC documentation, onboarding reviews, remediation activities, and periodic reviews.
Identify, investigate, and escalate potential AML, sanctions, financial crime, or regulatory concerns.
Partner with Relationship Managers, Compliance, Legal, Operations, and other stakeholders to resolve KYC-related issues.
Maintain complete and accurate customer records and documentation to support audit and regulatory requirements.
Monitor regulatory developments and ensure adherence to AML, KYC, FATCA, CRS, and other applicable compliance requirements.
Don't want to miss the next one?
Subscribe to daily email alerts for roles matching your interests.
Support internal audits, regulatory inspections, and compliance monitoring activities.
Drive continuous process improvements to enhance efficiency and control effectiveness within the KYC function.
Job Duties & Responsibilities
Conduct thorough Know Your Customer (KYC) reviews and due diligence on prospective and existing clients within the SME Banking and Institutional Banking Group
Analyse client information, financial data, and other relevant documents to assess risk and ensure compliance with regulatory requirements
Collaborate with cross-functional teams, including relationship managers and compliance officers, to identify and mitigate potential risks
Stay up to date with the latest regulatory changes and industry best practices related to KYC and anti-money laundering (AML) procedures
Provide guidance and support to relationship managers and clients on KYC and AML-related matters
Maintain accurate and comprehensive records of client information and KYC documentation
Requirements
Minimum 3-5 years of experience in a similar role, preferably in the banking or financial services industry
Minimum 3-5 years of experience in KYC, AML, Financial Crime Compliance, Client Onboarding, or Regulatory Compliance within Banking or Financial Services.
Strong analytical and problem-solving skills with the ability to identify and assess risks
Excellent communication and interpersonal skills to interact with clients and cross-functional teams
Thorough understanding of KYC, AML, and other relevant regulatory requirements
Proficient in using relevant software and technology tools to manage client information and documentation
Ability to work independently and as part of a team
Education / Preferred Qualifications
Bachelor's Degree in Commerce, Finance, Accounting, Economics, Business Administration, or a related discipline.
Core Competencies
Analytical Thinking
Risk Assessment & Decision Making
Attention to Detail
Problem Solving
Customer Due Diligence
Regulatory Compliance
Stakeholder Management
Communication & Interpersonal Skills
Technical Competencies
KYC / CDD / EDD Processes
Anti-Money Laundering (AML) Regulations
Sanctions Screening & Watchlist Management
FATCA & CRS Requirements
Regulatory Compliance Frameworks
Customer Risk Rating Methodologies
Adverse Media Screening
Financial Statement Analysis
DBS India - Culture & Behaviours
DBS is committed to building a culture where all employees are valued, respected and their opinions count. We take pride in providing a workplace that fosters continuous professional development, flexible working, and opportunities to grow within an inclusive and diverse environment. Expected value driven behaviours are:
Demonstrate Business Performance through PRIDE 2.0 Value Based Propositions
Ensure Customer Focus by Delighting Customers & Reduce Complaints
Build Pride and Passion to Protect, Maintain and Enhance DBS’ Reputation
Enhance Self Knowledge, Skills and develop Competencies aimed at continuous improvement
Maintain the Highest Standards of Honesty and Integrity.
Apply Now
We offer a competitive salary and benefits package and the professional advantages of a dynamic environment that supports your development and recognises your achievements.
Location:
Mumbai
Job:
Compliance
Schedule:
Regular
Employee Status:
Full time
Similar roles you might like
More openings like this one — take a look before you go.
