KYC Team Leader, Singapore

at  Bloomberg

Bloomberg’s Legal and Compliance Department plays a critical role in supporting our businesses and operations around the world. We move quickly and thoughtfully to help address a variety of complex legal issues that come with being the world’s leading financial news and information company. Our team is made up of talented and hardworking professionals who think creatively and work collaboratively in an open environment to deliver results, drive innovation, and solve difficult problems. Diversity and inclusion are essential to our success, and we strive to maintain an environment where our employees are empowered to make an impact. We also recognize the value and importance of giving back to our communities, as evidenced by our award-winning pro bono program.
The Financial Crimes Compliance within Bloomberg’s Legal Department provides coverage of Bloomberg’s regulated entities and products, as well as support for Bloomberg’s non-regulated products and services. We work to address regulatory issues, ensure compliance with current/developing rules and regulations, and correspond with regulators. Bloomberg has regulated activities that include regulated trading venues (e.g., U.K. Multilateral Trading Facility, U.S. Swap Execution Facility), a Recognised Market Operator in Singapore, Electronic Trading services, and other regulated offerings globally.

Based in Singapore, this is a great opportunity to lead a growing and dynamic Know Your Customer ("KYC") Team, within the regional Anti-money Laundering ("AML") function.
The role would involve close partnership with the Company’s Global Anti-Money Laundering (AML) team as well as with local Compliance teams, focused on Bloomberg Tradebook Singapore Pte Ltd among other regional entities. You will be responsible for the day-to-day management of a team of KYC Analysts and support the growth of the KYC team and function as it expands to meet and support business requirements of the regulated entities within the Bloomberg group. The KYC team is primarily responsible for new client onboarding and ongoing maintenance/review of existing clients. Besides overseeing the functional management of the team and providing ongoing support to the business and AML Compliance you will also interface with other operational and front office business functions and partners.
The individual should have a deep understanding of the front-to-back Customer Due Diligence ("CDD") process and be well versed with legal entity types. An ideal candidate would also demonstrate strong competent knowledge of Singapore AML/CFT regulatory requirements from the Monetary Authority of Singapore ("MAS") and relevant financial industry know-how concerning CDD standards.