Job Description & Summary

At PwC, we help clients build trust and reinvent so they can turn complexity into competitive advantage. Our Risk & Compliance Solutions (RCS) team helps asset and wealth managers redesign their governance, risk and compliance frameworks and leverage technology to improve business performance.

Our AWMS RCS team is expanding and we are looking for a Senior Associate with strong experience in risk & compliance and AML/KYC to join us. You’ll work with leading local, regional and global asset managers, alternative asset managers, wealth managers, digital wealth managers, digital asset players and other capital markets intermediaries.

Key Responsibilities

Risk & Compliance (Core Focus)

• Advise asset and wealth managers, and other capital markets intermediaries on governance, risk management and regulatory compliance (including MAS requirements).

• Support the design and assessment of compliance and risk management frameworks and monitoring programmes, including business conduct, portfolio management, fund operations, sales and product compliance, outsourcing, culture and conduct, and technology risk.

• Perform business processes and internal controls reviews, identify gaps and recommend practical remediation and efficiency improvements.

• Draft clear and concise reports and other client deliverables, and present findings to clients.

• Provide outsourced compliance support, including regulatory reporting, compliance monitoring, and operationalising regulatory changes.

AML/KYC & Investor Due Diligence

• Support client to develop framework and standard operating procedures on AML/KYC

• Perform initial and ongoing AML/KYC due diligence on investors and clients, including identity, beneficial ownership and source of funds/wealth checks.

• Review investor and client documentation in line with regulatory and client requirements.

• Conduct sanctions, PEP and adverse media screening and escalate red flags as appropriate.

• Maintain accurate AML/KYC records and support periodic and enhanced due diligence reviews for higher risk investors.

• Liaise with clients and investors to obtain additional documentation and resolve onboarding queries.

• Stay current on AML/CFT and KYC regulatory developments relevant to asset and wealth management and contribute to process improvements.

Requirements

• Bachelor's degree in accounting, Commerce, Business, Finance, Law or related field.

• At least 2 years’ experience in one or more of the following:

• External/internal/IT audit (preferably in a Big 4 or financial institution),

• Regulatory compliance / risk & controls in financial services,

• AML/KYC, investor onboarding or client due diligence in asset/wealth management or capital markets.

• Good understanding of the asset and wealth management, and capital markets landscape.

• Familiarity with MAS regulatory requirements for capital markets intermediaries.

• Strong analytical skills and attention to detail, with the ability to identify control and compliance risks.

• Clear written and verbal communication skills and confidence interacting with clients and stakeholders.

• Proficiency in Microsoft Office; experience with AML screening and KYC systems is an advantage.

• Professional, motivated self-starter with strong teamwork, integrity, and the ability to manage multiple priorities under tight deadlines.