Location: Singapore

Function: Finance

Role Overview: The KYC & Bank Verification Analyst is responsible for executing counterparty KYC and bank account verification controls to support secure onboarding and payment processes across global trading operations. The role plays an important part in preventing payment fraud, mitigating operational risk, and ensuring secure execution of high-value transactions. This position requires strong attention to detail and sound judgment to identify and escalate irregularities or red flags.

Key Responsibilities :

Review and validate counterparty onboarding documentation, ensuring KYC Forms are duly completed, signed, and stamped, and incorporation certificates are authentic
Confirm consistency of the legal entity name across all submitted documentation, including KYC documents, business confirmations and Ultimate Beneficial Owner (UBO) records.
Independently verify legal entity details (registered name, registration number, registered address) via official government company registry websites of the country of incorporation
Ensure sanctions screening has been conducted in accordance with company policy, confirm the counterparty has cleared all applicable sanctions checks prior to onboarding approval and re‑screening performed upon any subsequent negative updates
Validate that any amendments to vendor/customer master data are supported by appropriate and valid documentation
Escalate discrepancies, inconsistencies, or red flags identified during the onboarding review process to the Team Lead
Ensure strict compliance with the company’s SOP for bank account setup and updates
Verify and authenticate counterparty bank account details prior to payment execution
Independently confirm changes to banking instructions using approved verification channels
Identify and escalate red flags related to payment fraud, impersonation, or suspicious activity to the Team Lead
Collaborate with Trading, Operations teams to resolve discrepancies
Maintain accurate documentation and audit trails for all verification activities
Ensure adherence to internal controls, policies, and regulatory requirements
Liaise with Compliance, Legal, Accounts Payable, and Treasury teams on escalations, approvals, and control requirements.
Support internal and external audits, regulatory reviews, and control testing by providing documentation, explanations, and remediation support

Required Qualifications & Experience

Bachelor’s degree in Finance, Accounting, Business or Banking.
2-3 years of experience bank verification, trade operations support, KYC, or financial services operations
Experience working with international bank accounts and cross-border payments
Basic understanding of sanctions screening and fraud risk indicators
Experience working with SAP, workflow tools, and sanctions screening platforms is preferred.

Skills & Competencies

Strong analytical and investigative mindset
High attention to detail and accuracy
Ability to challenge information and follow up independently
Strong communication skills, including external counterparty interaction
Comfortable working in a high-pressure, time-sensitive trading environment

Associate Business Manager jobs in Cyprus (2)

Accelerate Your Strategic Impact with the CIMA CFO Programme

Senior Accountant

Boost your career