Compliance Specialist
2 days ago
Company Overview:
Tetra Consultants is a management consulting firm headquartered in Singapore. Our corporate advisory wing specializes in international business set up, financial license applications, merger & acquisition, and corporate banking solutions. In addition, our accounting and tax wing provides services such as international tax planning, bookkeeping and tax compliance.
Job Description:
We are seeking a highly skilled Junior Compliance Officer to join our Compliance team. The ideal candidate should preferably have past internship or working experience in the field of Compliance and due diligence. On-the-job training will be provided for the first 3 months to ensure you acquire the competencies and skills needed. It is a remote job.
Key Responsibilities:
- Conduct thorough KYC due diligence check for new and existing clients.
- Verify client identification and documentation for the client onboarding.
- Assess client risk profiles and research and escalate potential issues to senior compliance management.
- Conduct regular background checks for existing clients when necessary and as per policy.
- Identify compliance issues that require follow-up or investigation.
- Advise clients on economic substance, UBO and other compliance requirements.
- Perform regular enhanced due diligence on high-risk clients.
- Maintain accurate client records and handle necessary administrative tasks.
- Stay updated on regulatory changes and industry best practices.
- Assist in developing compliance policies and procedures.
- Collaborate with Project Managers, Accounts and Renewal team.
Qualifications:
- Bachelor's degree in Law, Compliance, or related field.
- 1 year of professional experience in similar role preferred, but not compulsory.
- Fresh graduates with similar internship experience and fast learning skills are welcome.
- Proficiency in Microsoft Office, especially Excel.
- Language: English, Chinese and any additional language preferred, but not compulsory.
- Knowledge of KYC and AML regulations is a plus.
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