Source of Wealth Analyst (12 months contract)

A leading financial institution in Singapore is seeking a Source of Wealth Analyst for a 12-month contract, offering you the chance to play a pivotal role in ensuring robust compliance and due diligence within a highly respected private banking environment. This opportunity allows you to leverage your expertise in reviewing and analysing source of wealth narratives, while collaborating closely with experienced teams across compliance, sales, and account onboarding.

You will be empowered to make a meaningful impact by enhancing account profiles, supporting regulatory standards, and contributing to the integrity of client onboarding processes.

• Join a reputable financial institution in Singapore on a 12-month contract, working alongside knowledgeable professionals who value collaboration and support.
• Utilise your experience in private banking, compliance, or AML to review and enhance source of wealth documentation, making a real difference in client onboarding standards.
• Benefit from flexible working opportunities and a nurturing environment that supports your professional development and values your language proficiency.

What you'll do:

As a Source of Wealth Analyst, you will immerse yourself in the critical process of reviewing client account profiles, ensuring every piece of information is thoroughly analysed for accuracy and completeness.

• Review and analyse detailed account profiles to identify gaps in source of wealth information and corroboration, ensuring all data meets regulatory requirements.
• Conduct thorough reasonableness and plausibility checks on collected information to maintain high standards of due diligence.
• Collaborate closely with the Sales team to further enhance account profiles and ensure comprehensive source of wealth corroboration.
• Provide clear guidance to the Sales team regarding best practices for documentation and perform desktop research as needed for benchmark analysis or profile updates.
• Ensure all name screenings are conducted diligently, with any adverse findings appropriately cleared, documented, and escalated according to internal protocols.
• Maintain accurate records by updating relevant source of wealth/source of funds data and supporting documentation in line with company policies.
• Assist with identifying potential red flags or issues related to corroboration, articulating these clearly for resolution or escalation.
• Support ongoing improvements in account onboarding processes by sharing insights gained from daily reviews and analyses.
• Work both independently and as part of a collaborative team to manage multiple priorities efficiently within tight deadlines.
• Contribute positively to the team’s knowledge base by sharing expertise on compliance matters and participating actively in group discussions.

What you bring:

To excel as a Source of Wealth Analyst, your proven track record within private banking or similar financial services roles will be invaluable.

• Demonstrated experience in private banking environments with specific expertise in reviewing source of wealth narratives and corroboration processes.
• Proven background in compliance, anti-money laundering (AML), sales assistance, or account onboarding at another top-tier private bank is highly advantageous.
• Exceptional research capability combined with strong analytical skills that enable you to assess complex information accurately.
• Excellent organisational abilities that allow you to manage multiple tasks efficiently while maintaining high attention to detail.
• Outstanding communication skills—both verbal and written—with the ability to consolidate Chinese and English information into precise English summaries.
• Keen eye for detail when reviewing numbers and documentation, ensuring nothing is overlooked during analysis.
• Ability to identify corroboration issues or red flags quickly and articulate them clearly for further action or escalation.
• Problem-solving mindset with sensitivity towards managing potentially challenging discussions constructively within a team setting.
• Adaptability to work efficiently under pressure in a fast-paced environment while remaining dependable and supportive towards colleagues.
• Bachelor’s degree or equivalent education/experience required; ideally in Accounting, Finance, or Banking; proficiency in both English and Chinese is essential as there is a need to handle chinese documents

What sets this company apart:

This organisation stands out as one of Singapore’s most respected financial institutions, renowned for its commitment to upholding the highest standards of integrity within private banking. By joining this organisation as a Source of Wealth Analyst, you become part of a community dedicated not only to excellence but also to nurturing talent from under-represented groups within the industry.

What's next:

If you are ready for an exciting new challenge where your expertise can make a genuine impact within private banking compliance, apply now!

Do note that we will only be in touch if your application is shortlisted.
Robert Walters (Singapore) Pte Ltd
ROC No.: 199706961E | EA Licence No.: 03C5451
EA Registration No.: R1985549 ShiHua Goh